2022
Exports
$8.42kWorld Rnk 134 / 202
Flag Rnk 529 / 862
2022
PRODUCT COMPLEXITY IN Rubber Belting
0.48Rnk 373 / 1025
2022
Imports
$5.19MWorld Rnk 106 / 224
Flag Rnk 261 / 1133
2022
ECONOMIC COMPLEXITY of Ethiopia
-0.72Rnk 98 / 133

About

Exports In 2022, Ethiopia exported $8.42k in Rubber Belting, making it the 134th largest exporter of Rubber Belting in the world. At the same year, Rubber Belting was the 529th most exported product in Ethiopia. The main destination of Rubber Belting exports from Ethiopia are: Nigeria ($5.2k), France ($2.22k), Angola ($991), Switzerland ($11), and Canada ($3).

The fastest growing export markets for Rubber Belting of Ethiopia between 2021 and 2022 were France ($2.22k), Nigeria ($1.37k), and Angola ($940).

Imports In 2022, Ethiopia imported $5.19M in Rubber Belting, becoming the 106th largest importer of Rubber Belting in the world. At the same year, Rubber Belting was the 261st most imported product in Ethiopia. Ethiopia imports Rubber Belting primarily from: China ($2.37M), Italy ($1.35M), United Arab Emirates ($256k), Indonesia ($254k), and Japan ($197k).

The fastest growing import markets in Rubber Belting for Ethiopia between 2021 and 2022 were Italy ($1.04M), China ($917k), and United Arab Emirates ($134k).

Latest Trends

Jul 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 Rubber Belting. 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)$8.42k
IMPORTS (2022)$5.19M
NET TRADE (2022)-$5.18M

In 2022, Ethiopia exported $8.42k in Rubber Belting. The main destinations of Ethiopia exports on Rubber Belting were Nigeria ($5.2k), France ($2.22k), Angola ($991), Switzerland ($11), and Canada ($3).

In 2022, Ethiopia imported $5.19M in Rubber Belting, mainly from China ($2.37M), Italy ($1.35M), United Arab Emirates ($256k), Indonesia ($254k), and Japan ($197k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Belting EXPORT MARKETS FOR Ethiopia WERE (2021 - 2022):
France$2.22k (1%)
Nigeria$1.37k (35.8%)
Angola$940 (1.84k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Belting BY Ethiopia WERE (2021 - 2022):
Gabon-$7.64k (-100%)
Cote d'Ivoire-$4.08k (-100%)
United Arab Emirates-$3.1k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ethiopia's main exporting competitors in Rubber Belting were:
In 2022, Ethiopia's main importing competitors in Rubber Belting were:

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Trade Value of Rubber Belting by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $5.44k
TOP IMPORT POTENTIALChina+ $1.1M

Rubber Belting’s highest export potential is France. With an export gap of $5.44k.   Rubber Belting’s highest import potential is China with an import gap of $1.1M.

See methodology.

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