2023
Exports
$1.41MWorld Rnk 159 / 214
Flag Rnk 110 / 858
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$2.5BWorld Rnk 72 / 226
Flag Rnk 1 / 1137
2023
ECONOMIC COMPLEXITY of Ethiopia
-0.84Rnk 101 / 132

About

Exports In 2023, Ethiopia exported $1.41M in Refined Petroleum, making it the 159th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 110th most exported product in Ethiopia. The main destination of Refined Petroleum exports from Ethiopia are: Djibouti ($1.27M), Sudan ($91.4k), France ($20k), United Arab Emirates ($18.1k), and United Kingdom ($13.5k).

The fastest growing export markets for Refined Petroleum of Ethiopia between 2022 and 2023 were Djibouti ($1.27M), Sudan ($91.4k), and France ($19.9k).

Imports In 2023, Ethiopia imported $2.5B in Refined Petroleum, becoming the 72nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Ethiopia. Ethiopia imports Refined Petroleum primarily from: Kuwait ($1.33B), Saudi Arabia ($938M), United Arab Emirates ($46.5M), Egypt ($29.5M), and China ($25.8M).

The fastest growing import markets in Refined Petroleum for Ethiopia between 2022 and 2023 were Kuwait ($983M), Saudi Arabia ($632M), and Singapore ($18.2M).

Latest Trends

Dec 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 Refined Petroleum. 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 (2023)$1.41M
IMPORTS (2023)$2.5B
NET TRADE (2023)-$2.5B

In 2023, Ethiopia exported $1.41M in Refined Petroleum. The main destinations of Ethiopia exports on Refined Petroleum were Djibouti ($1.27M), Sudan ($91.4k), France ($20k), United Arab Emirates ($18.1k), and United Kingdom ($13.5k).

In 2023, Ethiopia imported $2.5B in Refined Petroleum, mainly from Kuwait ($1.33B), Saudi Arabia ($938M), United Arab Emirates ($46.5M), Egypt ($29.5M), and China ($25.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Ethiopia WERE (2022 - 2023):
Djibouti$1.27M (1%)
Sudan$91.4k (1%)
France$19.9k (20.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Ethiopia WERE (2022 - 2023):
United Arab Emirates-$8.51k (-32%)
Kenya-$163 (-100%)
Netherlands-$152 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $60.8k
TOP IMPORT POTENTIALChina+ $69.3M

Refined Petroleum’s highest export potential is United Arab Emirates. With an export gap of $60.8k.   Refined Petroleum’s highest import potential is China with an import gap of $69.3M.

See methodology.

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