2022
Exports
$574kWorld Rnk 143 / 216
Flag Rnk 168 / 862
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$11.8MWorld Rnk 128 / 222
Flag Rnk 153 / 1133
2022
ECONOMIC COMPLEXITY of Ethiopia
-0.72Rnk 98 / 133

About

Exports In 2022, Ethiopia exported $574k in Industrial Fatty Acids, Oils and Alcohols, making it the 143rd largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 168th most exported product in Ethiopia. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Ethiopia are: India ($269k), Somalia ($184k), Angola ($43.3k), Togo ($32.8k), and Djibouti ($25.5k).

The fastest growing export markets for Industrial Fatty Acids, Oils and Alcohols of Ethiopia between 2021 and 2022 were India ($111k), Somalia ($78.8k), and Angola ($43.3k).

Imports In 2022, Ethiopia imported $11.8M in Industrial Fatty Acids, Oils and Alcohols, becoming the 128th largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 153rd most imported product in Ethiopia. Ethiopia imports Industrial Fatty Acids, Oils and Alcohols primarily from: China ($3.41M), Singapore ($1.47M), United Arab Emirates ($913k), Vietnam ($875k), and Russia ($622k).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Ethiopia between 2021 and 2022 were Russia ($621k), Singapore ($462k), and Sweden ($342k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$574k
IMPORTS (2022)$11.8M
NET TRADE (2022)-$11.3M

In 2022, Ethiopia exported $574k in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Ethiopia exports on Industrial Fatty Acids, Oils and Alcohols were India ($269k), Somalia ($184k), Angola ($43.3k), Togo ($32.8k), and Djibouti ($25.5k).

In 2022, Ethiopia imported $11.8M in Industrial Fatty Acids, Oils and Alcohols, mainly from China ($3.41M), Singapore ($1.47M), United Arab Emirates ($913k), Vietnam ($875k), and Russia ($622k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Fatty Acids, Oils and Alcohols EXPORT MARKETS FOR Ethiopia WERE (2021 - 2022):
India$111k (69.8%)
Somalia$78.8k (74.9%)
Angola$43.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Ethiopia WERE (2021 - 2022):
South Korea-$441k (-100%)
Germany-$380k (-100%)
Djibouti-$152k (-85.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ethiopia's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Ethiopia's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

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Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $754
TOP IMPORT POTENTIALIndonesia+ $2.76M

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is China. With an export gap of $754.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Indonesia with an import gap of $2.76M.

See methodology.

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