2022
Exports
$1.92MWorld Rnk 40 / 153
Flag Rnk 97 / 862
2022
PRODUCT COMPLEXITY IN Insect Resins
-2.5Rnk 1019 / 1025
2022
Imports
$5.3MWorld Rnk 36 / 197
Flag Rnk 255 / 1133
2022
ECONOMIC COMPLEXITY of Ethiopia
-0.72Rnk 98 / 133

About

Exports In 2022, Ethiopia exported $1.92M in Insect Resins, making it the 40th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 97th most exported product in Ethiopia. The main destination of Insect Resins exports from Ethiopia are: China ($548k), Greece ($481k), Tunisia ($225k), Germany ($201k), and Hong Kong ($173k).

The fastest growing export markets for Insect Resins of Ethiopia between 2021 and 2022 were Tunisia ($87.2k), Hong Kong ($38k), and Netherlands ($27.1k).

Imports In 2022, Ethiopia imported $5.3M in Insect Resins, becoming the 36th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 255th most imported product in Ethiopia. Ethiopia imports Insect Resins primarily from: Sudan ($4.71M), Indonesia ($416k), United Arab Emirates ($142k), India ($18.6k), and China ($6.95k).

The fastest growing import markets in Insect Resins for Ethiopia between 2021 and 2022 were Sudan ($3.56M), United Arab Emirates ($66.4k), and India ($10.5k).

Latest Trends

Nov 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 Insect Resins. 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)$1.92M
IMPORTS (2022)$5.3M
NET TRADE (2022)-$3.38M

In 2022, Ethiopia exported $1.92M in Insect Resins. The main destinations of Ethiopia exports on Insect Resins were China ($548k), Greece ($481k), Tunisia ($225k), Germany ($201k), and Hong Kong ($173k).

In 2022, Ethiopia imported $5.3M in Insect Resins, mainly from Sudan ($4.71M), Indonesia ($416k), United Arab Emirates ($142k), India ($18.6k), and China ($6.95k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Ethiopia WERE (2021 - 2022):
Tunisia$87.2k (63.3%)
Hong Kong$38k (28.1%)
Netherlands$27.1k (2.71M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Ethiopia WERE (2021 - 2022):
China-$461k (-45.7%)
Algeria-$234k (-100%)
Germany-$181k (-47.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $380k
TOP IMPORT POTENTIALSudan+ $241k

Insect Resins’s highest export potential is China. With an export gap of $380k.   Insect Resins’s highest import potential is Sudan with an import gap of $241k.

See methodology.

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