Iron Ore in Ethiopia | The Observatory of Economic Complexity

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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

Aug 2024

Subnational Monthly Trade

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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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2021)$1.44k

IMPORTS (2021)$42k

NET TRADE (2021)-$40.6k

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Export Destinations (2021)

Import Origins (2021)

Market Growth

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Exports

Imports

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Ending

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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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

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Exports

Imports

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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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About

Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2021)

Import Origins (2021)

Market Growth

Change in Exports by Market (2020 - 2021)

Market Concentration

Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

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