2022
Exports
$24.4kWorld Rnk 187 / 214
Flag Rnk 437 / 862
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$872MWorld Rnk 115 / 225
Flag Rnk 2 / 1133
2022
ECONOMIC COMPLEXITY of Ethiopia
-0.72Rnk 98 / 133

About

Exports In 2022, Ethiopia exported $24.4k in Refined Petroleum, making it the 187th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 437th most exported product in Ethiopia. The main destination of Refined Petroleum exports from Ethiopia are: United Arab Emirates ($24k), Kenya ($150), Netherlands ($135), France ($96), and Canada ($1).

The fastest growing export markets for Refined Petroleum of Ethiopia between 2021 and 2022 were United Arab Emirates ($24k), Kenya ($150), and France ($96).

Imports In 2022, Ethiopia imported $872M in Refined Petroleum, becoming the 115th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Ethiopia. Ethiopia imports Refined Petroleum primarily from: Kuwait ($310M), Saudi Arabia ($278M), China ($123M), United Arab Emirates ($50.3M), and Brazil ($25.7M).

The fastest growing import markets in Refined Petroleum for Ethiopia between 2021 and 2022 were Saudi Arabia ($231M), China ($82.4M), and Brazil ($25.7M).

Latest Trends

Aug 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 (2022)$24.4k
IMPORTS (2022)$872M
NET TRADE (2022)-$872M

In 2022, Ethiopia exported $24.4k in Refined Petroleum. The main destinations of Ethiopia exports on Refined Petroleum were United Arab Emirates ($24k), Kenya ($150), Netherlands ($135), France ($96), and Canada ($1).

In 2022, Ethiopia imported $872M in Refined Petroleum, mainly from Kuwait ($310M), Saudi Arabia ($278M), China ($123M), United Arab Emirates ($50.3M), and Brazil ($25.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Ethiopia WERE (2021 - 2022):
Kenya$150 (1%)
France$96 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Ethiopia WERE (2021 - 2022):Turkey-$87 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ethiopia's main exporting competitors in Refined Petroleum were:
In 2022, 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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