2022
Exports
$271kWorld Rnk 43 / 96
Flag Rnk 231 / 862
2022
PRODUCT COMPLEXITY IN Borates
-0.2Rnk 618 / 1025
2022
Imports
$27.8kWorld Rnk 135 / 184
Flag Rnk 968 / 1133
2022
ECONOMIC COMPLEXITY of Ethiopia
-0.72Rnk 98 / 133

About

Exports In 2022, Ethiopia exported $271k in Borates, making it the 43rd largest exporter of Borates in the world. At the same year, Borates was the 231st most exported product in Ethiopia. The main destination of Borates exports from Ethiopia are: Djibouti ($271k).

The fastest growing export markets for Borates of Ethiopia between N/A and 2022 were Djibouti ($271k).

Imports In 2022, Ethiopia imported $27.8k in Borates, becoming the 135th largest importer of Borates in the world. At the same year, Borates was the 968th most imported product in Ethiopia. Ethiopia imports Borates primarily from: Netherlands ($11.9k), United Kingdom ($7.09k), India ($4.67k), Turkey ($3.59k), and France ($348).

The fastest growing import markets in Borates for Ethiopia between 2021 and 2022 were United Kingdom ($7.09k), France ($348), and Germany ($83).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Borates. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$271k
IMPORTS (2022)$27.8k
NET TRADE (2022)$243k

In 2022, Ethiopia exported $271k in Borates. The main destinations of Ethiopia exports on Borates were Djibouti ($271k).

In 2022, Ethiopia imported $27.8k in Borates, mainly from Netherlands ($11.9k), United Kingdom ($7.09k), India ($4.67k), Turkey ($3.59k), and France ($348).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Borates EXPORT MARKETS FOR Ethiopia WERE (N/A - 2022):Djibouti$271k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ethiopia's main exporting competitors in Borates were:
In 2022, Ethiopia's main importing competitors in Borates were:

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Trade Value of Borates by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $559
TOP IMPORT POTENTIALTurkey+ $8.04k

Borates’s highest export potential is China. With an export gap of $559.   Borates’s highest import potential is Turkey with an import gap of $8.04k.

See methodology.

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