Australia-Somalia Trade: In 2022, Australia exported $475k to Somalia. The main products that Australia exported to Somalia were Toilet Paper ($268k), Other Electrical Machinery ($138k), and Telephones ($53.9k). Over the past 5 years the exports of Australia to Somalia have decreased at an annualized rate of 15%, from $1.07M in 2017 to $475k in 2022.
In 2022, Australia did not export any services to Somalia.
Somalia-Australia Trade: In 2022, Somalia exported $127k to Australia. The main products that Somalia exported to Australia were Medical Instruments ($95.5k), Essential Oils ($14k), and Insect Resins ($11.8k). Over the past 5 years the exports of Somalia to Australia have increased at an annualized rate of 1.27%, from $119k in 2017 to $127k in 2022.
In 2022, Somalia did not export any services to Australia.
Comparison In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.