2022
Flag  
GDP
$8.13BCURRENT US$
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2012-2022
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GDP GROWTH
0%CURRENT US$
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2022
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 GDP
$25.5TCURRENT US$
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2012-2022
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GDP GROWTH
56.7%CURRENT US$
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2022
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GDP PC 
$462CURRENT US$
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2012-2022
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GDP PC GROWTH
0%CURRENT US$
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2022
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GDP PC
$76,399CURRENT US$
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2012-2022
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GDP PC GROWTH
47.5%CURRENT US$
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About

Somalia-United States In 2022, Somalia exported $477k to United States. The main products that Somalia exported to United States are Other Pure Vegetable Oils ($180k), Insect Resins ($139k), and Jewellery ($76.7k). During the last 27 years the exports of Somalia to United States have increased at an annualized rate of 6.24%, from $93.2k in 1995 to $477k in 2022.

In 2022, Somalia did not export any services to United States.

United States-Somalia In 2022, United States exported $83.8M to Somalia. The main products that United States exported to Somalia were Wheat ($17.8M), Sorghum ($12.4M), and Other Edible Preparations ($10.1M). During the last 27 years the exports of United States to Somalia have increased at an annualized rate of 9.13%, from $7.92M in 1995 to $83.8M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $477k to United States. The main products exported from Somalia to United States were Other Pure Vegetable Oils ($180k), Insect Resins ($139k), and Jewellery ($76.7k). During the last 27 years the exports of Somalia to United States have increased at an annualized rate of 6.24%, from $93.2k in 1995 to $477k in 2022.

In 2022, United States exported $83.8M to Somalia. The main products exported from United States to Somalia were Wheat ($17.8M), Sorghum ($12.4M), and Other Edible Preparations ($10.1M). During the last 27 years the exports of United States to Somalia have increased at an annualized rate of 9.13%, from $7.92M in 1995 to $83.8M in 2022.

Exports from Somalia (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Somalia (Flag) (2022)

Latest Data

Trade between Somalia (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$283M
United States
Top Destination
Canada$308B

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

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

In 2021, countries that imported more from United States than Somalia were Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Somalia (Flag) (2022)

Comparative Advantage Somalia - United States

Flow
Scale

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

During 2022, Somalia had a large net trade with United States in the exports of Animal and Vegetable Bi-Products ($180k), Vegetable Products ($154k), and Precious Metals ($79.4k).

During 2022, United States had a large net trade with Somalia in the exports of Vegetable Products ($36.6M), Foodstuffs ($10.3M), and Transportation ($8.44M).

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 United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over Somalia.

Product Space of Somalia (Flag) and United States (Flag) (2022)

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