2022
Exports
$1.28kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Magnesium
0.96Rnk 189 / 1025
2022
Imports
$78.8kWorld Rnk 103 / 176
Flag Rnk 913 / 1137
2023
ECONOMIC COMPLEXITY of Ethiopia
-0.84Rnk 101 / 132

About

Imports In 2023, Ethiopia imported $78.8k in Magnesium, becoming the 103rd largest importer of Magnesium in the world. At the same year, Magnesium was the 913th most imported product in Ethiopia. Ethiopia imports Magnesium primarily from: China ($66.3k), Turkey ($11.4k), India ($887), and United Arab Emirates ($170).

The fastest growing import markets in Magnesium for Ethiopia between 2022 and 2023 were India ($887) and United Arab Emirates ($170).

Latest Trends

Jan 2025

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)$1.28k
IMPORTS (2023)$78.8k
NET TRADE (2023)-$78.8k

In 2023, Ethiopia imported $78.8k in Magnesium, mainly from China ($66.3k), Turkey ($11.4k), India ($887), and United Arab Emirates ($170).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium BY Ethiopia WERE (N/A - 2022):Mozambique-$1.28k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Ethiopia's main exporting competitors in Magnesium were:
In 2023, Ethiopia's main importing competitors in Magnesium were:

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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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