2022
Exports
$11World Rnk 78 / 80
Flag Rnk 849 / 862
2022
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.68Rnk 287 / 1025
2022
Imports
$2.34kWorld Rnk 113 / 144
Flag Rnk 1066 / 1133
2022
ECONOMIC COMPLEXITY of Ethiopia
-0.72Rnk 98 / 133

About

Exports In 2022, Ethiopia exported $11 in Rare-Earth Metal Compounds, making it the 78th largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 849th most exported product in Ethiopia. The main destination of Rare-Earth Metal Compounds exports from Ethiopia are: South Korea ($11).

The fastest growing export markets for Rare-Earth Metal Compounds of Ethiopia between N/A and 2022 were South Korea ($11).

Imports In 2022, Ethiopia imported $2.34k in Rare-Earth Metal Compounds, becoming the 113th largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 1066th most imported product in Ethiopia. Ethiopia imports Rare-Earth Metal Compounds primarily from: United Kingdom ($1.42k), China ($419), India ($346), and United States ($150).

The fastest growing import markets in Rare-Earth Metal Compounds for Ethiopia between 2021 and 2022 were China ($419) and United States ($150).

Latest Trends

Sep 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 Rare-Earth Metal Compounds. 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)$11
IMPORTS (2022)$2.34k
NET TRADE (2022)-$2.33k

In 2022, Ethiopia exported $11 in Rare-Earth Metal Compounds. The main destinations of Ethiopia exports on Rare-Earth Metal Compounds were South Korea ($11).

In 2022, Ethiopia imported $2.34k in Rare-Earth Metal Compounds, mainly from United Kingdom ($1.42k), China ($419), India ($346), and United States ($150).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR Ethiopia WERE (N/A - 2022):South Korea$11 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Ethiopia's main exporting competitors in Rare-Earth Metal Compounds were:
In 2022, Ethiopia's main importing competitors in Rare-Earth Metal Compounds were:
China $1.48B
Japan $488M

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Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $620
TOP IMPORT POTENTIALChina+ $1.82k

Rare-Earth Metal Compounds’s highest export potential is China. With an export gap of $620.   Rare-Earth Metal Compounds’s highest import potential is China with an import gap of $1.82k.

See methodology.

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