NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $17.4MRnk 173 / 220
2023
Flag → Flag
Top Product $6.57MSawn Wood
2023
Flag → Flag
Exports $2.09MRnk 17 / 92
2023
Flag → Flag
Top Product $1.74MInsect Resins
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195

About

Germany-Somalia Trade: In 2023, Germany exported $17.4M to Somalia. The main products that Germany exported to Somalia were Sawn Wood ($6.57M), Computers ($1.73M), and Broadcasting Equipment ($997k). Over the past 5 years the exports of Germany to Somalia have decreased at an annualized rate of 8.26%, from $26.8M in 2018 to $17.4M in 2023.

In 2023, Germany did not export any services to Somalia.

Somalia-Germany Trade: In 2023, Somalia exported $2.09M to Germany. The main products that Somalia exported to Germany were Insect Resins ($1.74M), Essential Oils ($119k), and Precious Metal Scraps ($62.7k). Over the past 5 years the exports of Somalia to Germany have increased at an annualized rate of 15.6%,  from $1.01M in 2018 to $2.09M in 2023.

In 2023, Somalia did not export any services to Germany.

Comparison In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79),  and 3 in total exports ($1.57T). That same year, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Germany exported €1.26M and imported €582k from Somalia, resulting in a positive trade balance of €678k. Between November 2023 and November 2024 the exports of Germany have increased by €628k (99.4%) from €632k to €1.26M, while imports increased by €574k (7.18k%) from €8k to €582k.

Trade In November 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 November 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 November 2024 the exports of Germany were mainly from Bavaria (€562k), Rhineland-Pfalz (€130k), North Rhine-Westphalia (€129k), Baden-Württemberg (€47k), and Schleswig-Holstein (€12k), while imports destinations were mainly Hamburg (€356k), Schleswig-Holstein (€113k), Bavaria (€85k), and Hesse (€25k).

Growth In November 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 November 2024, the increase in Germany's year-by-year imports  from Somalia was explained primarily by an increase in product imports  in Other end products (€35k or 1.17k%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€628k(99.4%)
IMPORT GROWTH (November 2023 - November 2024)€574k(7.18k%)
MAIN EXPORTER (November 2024)Bavaria€562k

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

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $17.4M to Somalia. The main products exported from Germany to Somalia were Sawn Wood ($6.57M), Computers ($1.73M), and Broadcasting Equipment ($997k). During the last 5 years the exports of Germany to Somalia have decreased at an annualized rate of 8.26%, from $26.8M in 2018 to $17.4M in 2023.

In 2018, Somalia exported $2.09M to Germany. The main products exported from Somalia to Germany were Insect Resins ($1.74M), Essential Oils ($119k), and Precious Metal Scraps ($62.7k). During the last 5 years the exports of Somalia to Germany have increased at an annualized rate of 15.6%, from $1.01M in 2023 to $2.09M in 2018.

Exports from Germany (Flag) to Somalia (Flag) (2023)

Exports from Somalia (Flag) to Germany (Flag) (2023)

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Somalia
Top DestinationUnited Arab Emirates$360M

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 2023, countries that imported more from Germany than Somalia included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, countries that imported more from Somalia than Germany included Djibouti ($84.2M).

Difference in imports from Somalia (Flag) and Germany (Flag) (2023)

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 2023, Germany had a large net trade with Somalia in the exports of Wood Products ($6.57M), Machines ($4.62M), and Instruments ($2.05M).

During 2018, Somalia had a large net trade with Germany in the exports of Vegetable Products ($1.75M), Chemical Products ($119k), and Precious Metals ($62.7k).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms