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2023
Flag → Flag
Exports $1.52BRnk 37 / 216
2023
Flag → Flag
Top Product $233MRolled Tobacco
2023
Flag → Flag
Exports $360MRnk 1 / 92
2023
Flag → Flag
Top Product $315MGold
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195

About

United Arab Emirates-Somalia Trade: In 2023, United Arab Emirates exported $1.52B to Somalia. The main products that United Arab Emirates exported to Somalia were Rolled Tobacco ($233M), Broadcasting Equipment ($204M), and Concentrated Milk ($118M). Over the past 5 years the exports of United Arab Emirates to Somalia have increased at an annualized rate of 8.24%, from $1.03B in 2018 to $1.52B in 2023.

In 2023, United Arab Emirates did not export any services to Somalia.

Somalia-United Arab Emirates Trade: In 2023, Somalia exported $360M to United Arab Emirates. The main products that Somalia exported to United Arab Emirates were Gold ($315M), Crustaceans ($17.1M), and Sheep and Goats ($13.5M). Over the past 5 years the exports of Somalia to United Arab Emirates have increased at an annualized rate of 19.4%,  from $148M in 2018 to $360M in 2023.

In 2023, Somalia did not export any services to United Arab Emirates.

Comparison In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15),  and 21 in total exports ($357B). That same year, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $1.52B to Somalia. The main products exported from United Arab Emirates to Somalia were Rolled Tobacco ($233M), Broadcasting Equipment ($204M), and Concentrated Milk ($118M). During the last 5 years the exports of United Arab Emirates to Somalia have increased at an annualized rate of 8.24%, from $1.03B in 2018 to $1.52B in 2023.

In 2018, Somalia exported $360M to United Arab Emirates. The main products exported from Somalia to United Arab Emirates were Gold ($315M), Crustaceans ($17.1M), and Sheep and Goats ($13.5M). During the last 5 years the exports of Somalia to United Arab Emirates have increased at an annualized rate of 19.4%, from $148M in 2023 to $360M in 2018.

Exports from United Arab Emirates (Flag) to Somalia (Flag) (2023)

Exports from Somalia (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Somalia (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Somalia
Top DestinationUnited Arab Emirates$360M

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

In 2023, countries that imported more from United Arab Emirates than Somalia included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, no countries were registered that imported more from Somalia than from United Arab Emirates.

Difference in imports from Somalia (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Somalia

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Somalia in the exports of Machines ($337M), Foodstuffs ($330M), and Animal Products ($139M).

During 2018, Somalia had a large net trade with United Arab Emirates in the exports of Precious Metals ($315M), Animal Products ($34.8M), and Vegetable Products ($7.88M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Somalia+$836kPackaged Medicaments
Top Product Potential Somalia United Arab Emirates+$22.6MGold

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 United Arab Emirates and Somalia. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Somalia (Flag) (2023)

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