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Pricing

2021
Exports $1.44kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Iron Ore-1.79Rnk 980 / 1025
2021
Imports $42kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Ethiopia-0.72Rnk 98 / 133

About

Imports In 2021, Ethiopia imported $42k in Iron Ore, becoming the 0th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 0th most imported product in Ethiopia. Ethiopia imports Iron Ore primarily from: N/A.

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 Iron Ore. 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 (2021)$1.44k
IMPORTS (2021)$42k
NET TRADE (2021)-$40.6k

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Ethiopia WERE (N/A - 2021):
Ukraine-$1.36k (-100%)
Ireland-$78 (-100%)
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Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2022, Ethiopia's main exporting competitors in Iron Ore were:
Australia $87.9B
Brazil $30.1B
Canada $6.81B
In 2022, Ethiopia's main importing competitors in Iron Ore were:
China $103B
Japan $11.3B
South Korea $7.58B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.32k
TOP IMPORT POTENTIALAustralia+ $814

Iron Ore’s highest export potential is China. With an export gap of $1.32k.   Iron Ore’s highest import potential is Australia with an import gap of $814.

See methodology.

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