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2023
Flag → Flag
Exports $104MRnk 92 / 216
2023
Flag → Flag
Top Product $14.5MProcessed Fish
2023
Flag → Flag
Exports $10.6MRnk 40 / 161
2023
Flag → Flag
Top Product $2.22MSynthetic Filament Yarn Woven Fabric
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 101 / 132
2023
Flag  
GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 195
2023
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 GDP$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH244%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC $7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC$1,272CURRENT US$
Rnk 172 / 196
2013-2023
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GDP PC GROWTH163%CURRENT US$
Rnk 3 / 195

About

Thailand-Ethiopia Trade: In 2023, Thailand exported $104M to Ethiopia. The main products that Thailand exported to Ethiopia were Processed Fish ($14.5M), Vinyl Chloride Polymers ($9.01M), and Cars ($7.21M). Over the past 5 years the exports of Thailand to Ethiopia have decreased at an annualized rate of 8.23%, from $160M in 2018 to $104M in 2023.

In 2023, Thailand did not export any services to Ethiopia.

Ethiopia-Thailand Trade: In 2023, Ethiopia exported $10.6M to Thailand. The main products that Ethiopia exported to Thailand were Synthetic Filament Yarn Woven Fabric ($2.22M), Niobium, Tantalum, Vanadium and Zirconium Ore ($2.08M), and Dried Legumes ($2.06M). Over the past 5 years the exports of Ethiopia to Thailand have increased at an annualized rate of 6.93%,  from $7.59M in 2018 to $10.6M in 2023.

In 2023, Ethiopia did not export any services to Thailand.

Comparison: In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). 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, Thailand exported $104M to Ethiopia. The main products exported from Thailand to Ethiopia were Processed Fish ($14.5M), Vinyl Chloride Polymers ($9.01M), and Cars ($7.21M). During the last 5 years the exports of Thailand to Ethiopia have decreased at an annualized rate of 8.23%, from $160M in 2018 to $104M in 2023.

In 2018, Ethiopia exported $10.6M to Thailand. The main products exported from Ethiopia to Thailand were Synthetic Filament Yarn Woven Fabric ($2.22M), Niobium, Tantalum, Vanadium and Zirconium Ore ($2.08M), and Dried Legumes ($2.06M). During the last 5 years the exports of Ethiopia to Thailand have increased at an annualized rate of 6.93%, from $7.59M in 2023 to $10.6M in 2018.

Exports from Thailand (Flag) to Ethiopia (Flag) (2023)

Exports from Ethiopia (Flag) to Thailand (Flag) (2023)

Latest Data

Trade between Thailand (Flag) and Ethiopia (Flag)

Thailand Exports

Ethiopia Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$58.5B
Ethiopia
Top DestinationUnited States$487M

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

In 2023, countries that imported more from Thailand than Ethiopia included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

In 2023, countries that imported more from Ethiopia than Thailand included Djibouti ($155M), Somalia ($142M), and Sudan ($52.8M).

Difference in imports from Ethiopia (Flag) and Thailand (Flag) (2023)

Comparative Advantage Thailand - Ethiopia

Flow
Scale

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

During 2023, Thailand had a large net trade with Ethiopia in the exports of Plastics and Rubbers ($27.9M), Foodstuffs ($16.5M), and Chemical Products ($16.5M).

During 2018, Ethiopia had a large net trade with Thailand in the exports of Textiles ($4.44M), Vegetable Products ($3.19M), and Mineral Products ($2.08M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Thailand Ethiopia+$13.3MCars
Top Product Potential Ethiopia Thailand+$1.44MDried Legumes

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 Thailand and Ethiopia. This means that a dot/product with the flag of Thailand indicates it has a comparative advantage over Ethiopia. Similarly, a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Thailand.

Product Space of Thailand (Flag) and Ethiopia (Flag) (2023)

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