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Pricing

2022
Flag → Flag
Exports $17.8MRnk 171 / 223
2022
Flag → Flag
Top Product $9.38MSawn Wood
2022
Flag → Flag
Exports $3.85MRnk 10 / 95
2022
Flag → Flag
Top Product $2.1MInsect Resins
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

Germany-Somalia Trade: In 2022, Germany exported $17.8M to Somalia. The main products that Germany exported to Somalia were Sawn Wood ($9.38M), Used Clothing ($1.25M), and Cars ($638k). Over the past 5 years the exports of Germany to Somalia have increased at an annualized rate of 3.31%, from $15.1M in 2017 to $17.8M in 2022.

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

Somalia-Germany Trade: In 2022, Somalia exported $3.85M to Germany. The main products that Somalia exported to Germany were Insect Resins ($2.1M), Other Oily Seeds ($1.42M), and Essential Oils ($186k). Over the past 5 years the exports of Somalia to Germany have increased at an annualized rate of 23.6%,  from $1.33M in 2017 to $3.85M in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). That same year, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Germany exported €1.35M and imported €17k from Somalia, resulting in a positive trade balance of €1.34M. Between July 2023 and July 2024 the exports of Germany have increased by €961k (245%) from €392k to €1.35M, while imports decreased by €-244k (-93.5%) from €261k to €17k.

Trade In July 2024, the top exports of Germany to Somalia were Sawn timber (€302k), Measuring and automatical control instruments (€82k), Medical, surgical equipment, orthopaedic apparatus (€56k), Other end products (€41k), and Waste materials of textile fabrics (€37k). In July 2024 the top imports of Germany from Somalia were Other raw materials inclusive waste (€393k), Other end products (€38k), Fish and crustaceans, molluscs (€8k), Other prefabricated chemicals (€1k), and Returned goods (€0).

Origins In July 2024 the exports of Germany were mainly from Bavaria (€419k), North Rhine-Westphalia (€251k), Hesse (€70k), Saxony-Anhalt (€36k), and Schleswig-Holstein (€14k), while imports destinations were mainly Hesse (€11k), Bavaria (€3k), and Berlin (€0).

Growth In July 2024, the increase in Germany's year-by-year exports to Somalia was explained primarily by an increase in product exports in Measuring and automatical control instruments (€68k or 486%), Pharmaceutical products (€16k or 107%), and Other machinery (€9k or 450%). In July 2024, the decrease in Germany's year-by-year imports  from Somalia was explained primarily by an decrease in product imports  in Other prefabricated chemicals (€-6k or -85.7%) and Other raw materials inclusive waste (€-4k or -1.01%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)€961k(245%)
IMPORT GROWTH (July 2023 - July 2024)€-244k(-93.5%)
MAIN EXPORTER (July 2024)Bavaria€419k

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Somalia and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Somalia and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $17.8M to Somalia. The main products exported from Germany to Somalia were Sawn Wood ($9.38M), Used Clothing ($1.25M), and Cars ($638k). During the last 5 years the exports of Germany to Somalia have increased at an annualized rate of 3.31%, from $15.1M in 2017 to $17.8M in 2022.

In 2017, Somalia exported $3.85M to Germany. The main products exported from Somalia to Germany were Insect Resins ($2.1M), Other Oily Seeds ($1.42M), and Essential Oils ($186k). During the last 5 years the exports of Somalia to Germany have increased at an annualized rate of 23.6%, from $1.33M in 2022 to $3.85M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from Germany than Somalia included United States ($153B), France ($120B), and China ($109B).

In 2022, no countries were registered that imported more from Somalia than from Germany.

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

Comparative Advantage Germany - Somalia

Flow
Scale

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

During 2022, Germany had a large net trade with Somalia in the exports of Wood Products ($9.38M), Machines ($2.26M), and Transportation ($1.37M).

During 2017, Somalia had a large net trade with Germany in the exports of Vegetable Products ($3.56M), Chemical Products ($187k), and Paper Goods ($33.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Somalia+$2.19MCars
Top Product Potential Somalia Germany+$848kOther Oily Seeds

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

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

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