2022
Flag  
GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC 
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Somalia-India In 2022, Somalia exported $15.6M to India. The main products that Somalia exported to India are Scrap Iron ($7.79M), Scrap Copper ($2.51M), and Industrial Fatty Acids, Oils and Alcohols ($1.81M). During the last 27 years the exports of Somalia to India have increased at an annualized rate of 12.5%, from $646k in 1995 to $15.6M in 2022.

In 2022, Somalia did not export any services to India.

India-Somalia In 2022, India exported $912M to Somalia. The main products that India exported to Somalia were Raw Sugar ($378M), Rice ($182M), and Wheat Flours ($47.8M). During the last 27 years the exports of India to Somalia have increased at an annualized rate of 20.4%, from $6.05M in 1995 to $912M in 2022.

In 2022, India did not export any services to Somalia.

Comparison In 2022,  Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index. That same year, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $15.6M to India. The main products exported from Somalia to India were Scrap Iron ($7.79M), Scrap Copper ($2.51M), and Industrial Fatty Acids, Oils and Alcohols ($1.81M). During the last 27 years the exports of Somalia to India have increased at an annualized rate of 12.5%, from $646k in 1995 to $15.6M in 2022.

In 2022, India exported $912M to Somalia. The main products exported from India to Somalia were Raw Sugar ($378M), Rice ($182M), and Wheat Flours ($47.8M). During the last 27 years the exports of India to Somalia have increased at an annualized rate of 20.4%, from $6.05M in 1995 to $912M in 2022.

Exports from Somalia (Flag) to India (Flag) (2022)

Exports from India (Flag) to Somalia (Flag) (2022)

Latest Data

Trade between Somalia (Flag) and India (Flag)

India Exports

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$283M
India
Top Destination
United States$82.9B

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

In 2019, no countries were registered that imported more from Somalia than from India.

In 2021, countries that imported more from India than Somalia were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

Difference in imports from India (Flag) and Somalia (Flag) (2022)

Comparative Advantage Somalia - India

Flow
Scale

This chart compares trade between Somalia and India by product, considering products traded by both, Somalia and India.

During 2022, Somalia had a large net trade with India in the exports of Metals ($11.7M), Chemical Products ($1.81M), and Vegetable Products ($1.14M).

During 2022, India had a large net trade with Somalia in the exports of Foodstuffs ($407M), Vegetable Products ($235M), and Transportation ($57.2M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Somalia has comparative advantage over India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over Somalia.

Product Space of Somalia (Flag) and India (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with