Ethiopia

ECON COMPLEXITY (2018)

-0.92

RANK 111 OF 137

PRODUCT EXPORTS (2018)

$2.41B

RANK 133 OF 222

EXPORTS PER CAPITA (2018)

$22.1

RANK 51 OF 219

PRODUCT IMPORTS (2018)

$8.31B

RANK 112 OF 221

IMPORTS PER CAPITA (2018)

$76.1

RANK 43 of 219

SERVICE EXPORTS (2018)

$4.92B

RANK 43 OF 88

SERVICE IMPORTS (2018)

$6.2B

RANK 39 OF 88

GDP (2018)

$84.4B

CURRENT US$
RANK 67 OF 196

GDP GROWTH (2008-2018)

212%

CURRENT US$
RANK 4 OF 196

GDP PC (2018)

$772

CURRENT US$
RANK 180 OF 196

GDP PC GROWTH (2008-2018)

137%

CURRENT US$
RANK 7 OF 196

Overview: In 2018 Ethiopia was the number 67 economy in the world in terms of GDP (current US$), the number 133 in total exports, the number 112 in total imports, and the number 111 most complex economy according to the Economic Complexity Index (ECI). In 2018, Ethiopia exported $2.41B and imported $8.31B, resulting in a negative trade balance of -$5.9B. In 2018, Ethiopia’s exports per capita were $22.1 and its imports per capita were $76.1.

Trade: The top exports of Ethiopia are Coffee ($836M), Other Oily Seeds ($363M), Cut Flowers ($232M), Dried Legumes ($109M), and Sheep and Goat Meat ($95.1M). The top imports of Ethiopia are Planes, Helicopters, and/or Spacecraft ($659M), Gas Turbines ($418M), Packaged Medicaments ($320M), Non-Knit Men’s Suits ($182M), and Wheat ($166M).

Destinations: Ethiopia exports mostly to United States ($372M), China ($329M), Saudi Arabia ($186M), Germany ($166M), and Netherlands ($163M), and imports mostly from China ($2.53B), France ($722M), India ($713M), United Arab Emirates ($681M), and United Kingdom ($362M).

Location: Ethiopia borders Djibouti, Eritrea, Kenya, Somalia, South Sudan, and Sudan by land.

Exports

In 2018 Ethiopia exported a total of $2.41B, making it the number 133 exporter in the world. During the last five reported years the exports of Ethiopia have changed by -$1.6B from $4.02B in 2013 to $2.41B in 2018.

The most recent exports are led by Coffee ($836M), Other Oily Seeds ($363M), Cut Flowers ($232M), Dried Legumes ($109M), and Sheep and Goat Meat ($95.1M). 

Imports

In 2018 Ethiopia imported $8.31B, making it the number 112 trade destination in the world. During the last five reported years the imports of Ethiopia changed by -$3.67B from $12B in 2013 to $8.31B in 2018.

The most recent imports of Ethiopia are led by Planes, Helicopters, and/or Spacecraft ($659M), Gas Turbines ($418M), Packaged Medicaments ($320M), Non-Knit Men’s Suits ($182M), and Wheat ($166M). 

Trade Balance

As of 2018 Ethiopia had a negative trade balance of $5.8B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $935M in net imports.

Destinations

The most common destination for the exports of Ethiopia are United States ($372M), China ($329M), Saudi Arabia ($186M), Germany ($166M), and Netherlands ($163M).

Origins

The most common import partners for Ethiopia are China ($2.53B), France ($722M), India ($713M), United Arab Emirates ($681M), and United Kingdom ($362M).