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Pricing

2022
Exports $1.26kWorld Rnk 92 / 100
Flag Rnk 657 / 862
2022
Destination $1.26kN/A
2022
PRODUCT COMPLEXITY IN Magnesium0.95Rnk 193 / 1025
2022
Imports $177kWorld Rnk 93 / 168
Flag Rnk 804 / 1133
2022
Origin $70.6k China
2022
ECONOMIC COMPLEXITY of Ethiopia-0.72Rnk 98 / 133

About

The fastest growing export markets for Magnesium of Ethiopia between N/A and 2022 were Mozambique ($1.26k).

Imports In 2022, Ethiopia imported $177k in Magnesium, becoming the 93rd largest importer of Magnesium in the world. At the same year, Magnesium was the 804th most imported product in Ethiopia. Ethiopia imports Magnesium primarily from: China ($104k) and Turkey ($72.4k).

The fastest growing import markets in Magnesium for Ethiopia between 2021 and 2022 were Turkey ($70.6k) and China ($69.9k).

Latest Trends

Sep 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 Magnesium. 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)$1.26k
IMPORTS (2022)$177k
NET TRADE (2022)-$175k

In 2022, Ethiopia imported $177k in Magnesium, mainly from China ($104k) and Turkey ($72.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium EXPORT MARKETS FOR Ethiopia WERE (N/A - 2022):Mozambique$1.26k (1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ethiopia's main exporting competitors in Magnesium were:
China $2.46B
Israel $231M
Turkey $152M
In 2022, Ethiopia's main importing competitors in Magnesium were:
United States $877M
Canada $477M
Germany $211M

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Trade Value of Magnesium by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $586
TOP IMPORT POTENTIALChina+ $137k

Magnesium’s highest export potential is United States. With an export gap of $586.   Magnesium’s highest import potential is China with an import gap of $137k.

See methodology.

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