2022
Flag  
GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
Flag
GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186

About

Hong Kong-Ethiopia Trade: In 2022, Hong Kong exported $84.4M to Ethiopia. The main products that Hong Kong exported to Ethiopia were Gas Turbines ($28.8M), Telephones ($23.6M), and Computers ($6.74M). Over the past 5 years the exports of Hong Kong to Ethiopia have increased at an annualized rate of 11.9%, from $48M in 2017 to $84.4M in 2022.

In 2022, Hong Kong did not export any services to Ethiopia.

Ethiopia-Hong Kong Trade: In 2022, Ethiopia exported $74.3M to Hong Kong. The main products that Ethiopia exported to Hong Kong were Gas Turbines ($54.6M), Coffee ($8.99M), and Dried Legumes ($3.41M). Over the past 5 years the exports of Ethiopia to Hong Kong have increased at an annualized rate of 23.6%,  from $25.7M in 2017 to $74.3M in 2022.

In 2022, Ethiopia did not export any services to Hong Kong.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). That same year, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Hong Kong exported $84.4M to Ethiopia. The main products exported from Hong Kong to Ethiopia were Gas Turbines ($28.8M), Telephones ($23.6M), and Computers ($6.74M). During the last 5 years the exports of Hong Kong to Ethiopia have increased at an annualized rate of 11.9%, from $48M in 2017 to $84.4M in 2022.

In 2017, Ethiopia exported $74.3M to Hong Kong. The main products exported from Ethiopia to Hong Kong were Gas Turbines ($54.6M), Coffee ($8.99M), and Dried Legumes ($3.41M). During the last 5 years the exports of Ethiopia to Hong Kong have increased at an annualized rate of 23.6%, from $25.7M in 2022 to $74.3M in 2017.

Exports from Hong Kong (Flag) to Ethiopia (Flag) (2022)

Exports from Ethiopia (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Ethiopia (Flag)

Hong Kong Exports

Ethiopia Exports

Market Competitiveness

Color
Hong Kong
Top Destination
China$23.4B
Ethiopia
Top Destination
United Arab Emirates$723M

This map shows whether countries import more from Hong Kong or Ethiopia. Each country is colored based on the difference in imports they receive from Hong Kong and Ethiopia or the difference in the growth in imports.

In 2022, countries that imported more from Hong Kong than Ethiopia included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Ethiopia than Hong Kong included Somalia ($265M), Djibouti ($86.8M), and Sudan ($39.1M).

Difference in imports from Ethiopia (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Ethiopia

Flow
Scale

This chart compares trade between Hong Kong and Ethiopia by product, considering products traded by both, Hong Kong and Ethiopia.

During 2022, Hong Kong had a large net trade with Ethiopia in the exports of Machines ($64.8M), Textiles ($5.5M), and Metals ($4.65M).

During 2017, Ethiopia had a large net trade with Hong Kong in the exports of Machines ($54.9M), Vegetable Products ($12.9M), and Mineral Products ($2.24M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Ethiopia+$13.1MTelephones
Top Product Potential Ethiopia Hong Kong+$7.1MGas Turbines

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Hong Kong and Ethiopia. This means that a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Ethiopia. Similarly, a dot/product with the flag of Ethiopia indicates it has a comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and Ethiopia (Flag) (2022)

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