Singapore-Ethiopia Bilateral Trade Analysis 2023

Complete trade statistics: $118.89M total volume •Singapore deficit: $118.89M

SingaporeEthiopia

$0

Exports (2023)

EthiopiaSingapore

$118.89M

Imports (2023)

Trade Balance

$118.89M

Deficit for Singapore

Total Trade

$118.89M

Combined Volume

Trade Flow Visualization

Direct trade relationship between Singapore and Ethiopia. Green line shows exports from Singapore, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Singapore-Ethiopia commercial relationship and competitive positioning in global markets.

SingaporeEthiopia Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Turbo-jets: of a thrust exceeding 25kN
$42.61M
Infinity% of exports
2Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils
$14.09M
Infinity% of exports
3Turbines: parts of turbo-jets and turbo-propellers
$5.30M
Infinity% of exports
4Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803
$4.19M
Infinity% of exports
5Rodenticides and other similar products n.e.c. in heading no. 3808.9: other than containing goods specified in Subheading Note 1 in this Chapter, put up in forms or packings for retail sale or as preparations or articles
$2.39M
Infinity% of exports

🎯 Strategic Export Focus

Singapore's export portfolio to Ethiopia demonstrates strategic specialization, with turbo-jets: of a thrust exceeding 25kn representing a key competitive advantage in this bilateral market.

EthiopiaSingapore Imports

$118.89M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
44.4% concentration
1Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803
$52.84M
44.4% of imports
2Oil seeds: sesamum seeds, whether or not broken
$17.72M
14.9% of imports
3Soya beans: other than seed, whether or not broken
$15.75M
13.2% of imports
4Vegetables, leguminous: n.e.c. in heading no. 0713, shelled, whether or not skinned or split, dried
$11.31M
9.5% of imports
5Vegetables, leguminous: peas (pisum sativum), shelled, whether or not skinned or split, dried
$4.19M
3.5% of imports

📦 Import Strategy Analysis

Singapore's import pattern from Ethiopia reveals significant dependencyin aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Singapore demonstrates competitive strength in exportingturbo-jets: of a thrust exceeding 25kn to Ethiopia, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $118.89M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Singapore-Ethiopia Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $118.89 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: Singapore maintains a deficit of $118.89 million
  • Export Focus: Singapore's primary exports include turbo-jets: of a thrust exceeding 25kn, petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, turbines: parts of turbo-jets and turbo-propellers
  • Import Dependencies: Key imports from Ethiopia include aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803, oil seeds: sesamum seeds, whether or not broken, soya beans: other than seed, whether or not broken

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $118.89M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Singapore leveraging its comparative advantages in turbo-jets: of a thrust exceeding 25kn.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Singapore's specialization in turbo-jets: of a thrust exceeding 25kncomplements Ethiopia's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $118.89M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $118.89M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $118.89 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in turbo-jets: of a thrust exceeding 25kn and aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803 demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Singapore's trade deficit of $118.89 million impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils present expansion opportunities.
Market Diversification
Beyond current focus on aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in turbo-jets: of a thrust exceeding 25kn may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Singapore and Ethiopia represents a total trade volume of $118.89 million in 2023. This partnership demonstrates an unfavorable trade balance for Singapore, with imports exceeding exportsby $118.89 million.

Export Strengths

Singapore's exports to Ethiopia total $0.00, with competitive advantages in turbo-jets: of a thrust exceeding 25kn, representing $42.61M orInfinity% of bilateral exports.

Import Dependencies

Imports from Ethiopia amount to $118.89 million, highlighting economic interdependence in aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803, with Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803 comprising44.4% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Singapore's strategic sourcing from Ethiopia. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Singapore and Ethiopia in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023