2023
Flag  
GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
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GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
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 GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
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GDP GROWTH
244%CURRENT US$
Rnk 2 / 195
2023
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GDP PC 
$32,094CURRENT US$
Rnk 44 / 195
2013-2023
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GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 195
2023
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GDP PC
$1,272CURRENT US$
Rnk 172 / 196
2013-2023
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GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195

About

Saudi Arabia-Ethiopia Trade: In 2023, Saudi Arabia exported $1.13B to Ethiopia. The main products that Saudi Arabia exported to Ethiopia were Refined Petroleum ($938M), Propylene Polymers ($82.8M), and Ethylene Polymers ($47.7M). Over the past 5 years the exports of Saudi Arabia to Ethiopia have increased at an annualized rate of 38.5%, from $221M in 2018 to $1.13B in 2023.

In 2023, Saudi Arabia did not export any services to Ethiopia.

Ethiopia-Saudi Arabia Trade: In 2023, Ethiopia exported $304M to Saudi Arabia. The main products that Ethiopia exported to Saudi Arabia were Coffee ($233M), Cut Flowers ($25.3M), and Bovine Meat ($20.2M). Over the past 5 years the exports of Ethiopia to Saudi Arabia have increased at an annualized rate of 9.39%,  from $194M in 2018 to $304M in 2023.

In 2023, Ethiopia did not export any services to Saudi Arabia.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). That same year, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Saudi Arabia exported $1.13B to Ethiopia. The main products exported from Saudi Arabia to Ethiopia were Refined Petroleum ($938M), Propylene Polymers ($82.8M), and Ethylene Polymers ($47.7M). During the last 5 years the exports of Saudi Arabia to Ethiopia have increased at an annualized rate of 38.5%, from $221M in 2018 to $1.13B in 2023.

In 2018, Ethiopia exported $304M to Saudi Arabia. The main products exported from Ethiopia to Saudi Arabia were Coffee ($233M), Cut Flowers ($25.3M), and Bovine Meat ($20.2M). During the last 5 years the exports of Ethiopia to Saudi Arabia have increased at an annualized rate of 9.39%, from $194M in 2023 to $304M in 2018.

Exports from Saudi Arabia (Flag) to Ethiopia (Flag) (2023)

Exports from Ethiopia (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

Trade between Saudi Arabia (Flag) and Ethiopia (Flag)

Saudi Arabia Exports

Ethiopia Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$64.4B
Ethiopia
Top Destination
United States$487M

This map shows whether countries import more from Saudi Arabia or Ethiopia. Each country is colored based on the difference in imports they receive from Saudi Arabia and Ethiopia or the difference in the growth in imports.

In 2023, countries that imported more from Saudi Arabia than Ethiopia included China ($64.4B), India ($34.8B), and Japan ($34.7B).

In 2023, countries that imported more from Ethiopia than Saudi Arabia included Somalia ($142M), Israel ($94.3M), and Iran ($1.32M).

Difference in imports from Ethiopia (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Ethiopia

Flow
Scale

This chart compares trade between Saudi Arabia and Ethiopia by product, considering products traded by both, Saudi Arabia and Ethiopia.

During 2023, Saudi Arabia had a large net trade with Ethiopia in the exports of Mineral Products ($939M), Plastics and Rubbers ($149M), and Chemical Products ($13.3M).

During 2018, Ethiopia had a large net trade with Saudi Arabia in the exports of Vegetable Products ($269M), Animal Products ($32.9M), and Transportation ($863k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Ethiopia+$33.9MRefined Petroleum
Top Product Potential Ethiopia Saudi Arabia+$2.8MCut Flowers

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Saudi Arabia and Ethiopia. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Ethiopia. Similarly, a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Ethiopia (Flag) (2023)

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