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Flag → Flag
Exports $4.06kRnk 148 / 0
2023
Flag
Economic Complexity (ECI) ECI -0.75Rnk 99 / 132
2023
Flag  
GDP$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
 GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC $5,364CURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP PC GROWTH-10.3%CURRENT US$
Rnk 169 / 195
2023
Flag
GDP PC$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195

About

In N/A, Algeria did not export any services to Somalia.

Somalia-Algeria Trade: In N/A, Somalia exported $4.06k to Algeria. The main products that Somalia exported to Algeria were N/A. Over the past N/A years the exports of Somalia to Algeria have increased at an annualized rate of 132%,  from $61 in N/A to $4.06k in N/A.

In N/A, Somalia did not export any services to Algeria.

Comparison In 2023,  Algeria ranked 99 in the Economic Complexity Index (ECI -0.75),  and 57 in total exports ($52.4B). 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

Algeria does not register exports to Somalia.

In 2012, Somalia exported $4.06k to Algeria. There were not main exports from Somalia to Algeria in 2012. During the last 5 years the exports of Somalia to Algeria have increased at an annualized rate of 132%, from $61 in 2017 to $4.06k in 2012.

Exports from Algeria (Flag) to Somalia (Flag) (2017)

Exports from Somalia (Flag) to Algeria (Flag) (2017)

Market Competitiveness

Color
Algeria
Top DestinationItaly$15.2B
Somalia
Top DestinationUnited Arab Emirates$360M

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

In 2023, countries that imported more from Algeria than Somalia included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

In 2023, countries that imported more from Somalia than Algeria included United Arab Emirates ($360M), Saudi Arabia ($283M), and Oman ($180M).

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

Comparative Advantage Algeria - Somalia

Flow
Scale

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

During 2012, Somalia had a large net trade with Algeria in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria Somalia+$3.66kRefined Petroleum
Top Product Potential Somalia Algeria+$2.71kGold

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

Product Space of Algeria (Flag) and Somalia (Flag) (2017)

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