Egypt (EGY) and Somalia (SOM) Trade | The Observatory of Economic Complexity

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Egypt-Somalia Trade: In 2023, Egypt exported $55.8M to Somalia. The main products that Egypt exported to Somalia were Wheat Flours ($22.2M), Cereal Flours ($6.49M), and Packaged Medicaments ($4.96M). Over the past 5 years the exports of Egypt to Somalia have decreased at an annualized rate of 6.95%, from $79.9M in 2018 to $55.8M in 2023.

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

Somalia-Egypt Trade: In 2023, Somalia exported $2.36M to Egypt. The main products that Somalia exported to Egypt were Other Animals ($1.29M), Insect Resins ($1.07M), and Essential Oils ($4.82k). Over the past 5 years the exports of Somalia to Egypt have increased at an annualized rate of 3.52%, from $1.62M in 2018 to $2.36M in 2023.

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

Comparison In 2023, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Egypt exported $55.8M to Somalia. The main products exported from Egypt to Somalia were Wheat Flours ($22.2M), Cereal Flours ($6.49M), and Packaged Medicaments ($4.96M). During the last 5 years the exports of Egypt to Somalia have decreased at an annualized rate of 6.95%, from $79.9M in 2018 to $55.8M in 2023.

In 2018, Somalia exported $2.36M to Egypt. The main products exported from Somalia to Egypt were Other Animals ($1.29M), Insect Resins ($1.07M), and Essential Oils ($4.82k). During the last 5 years the exports of Somalia to Egypt have increased at an annualized rate of 3.52%, from $1.62M in 2023 to $2.36M in 2018.

Exports from Egypt () to Somalia () (2023)

Exports from Somalia () to Egypt () (2023)

Latest Data

Trade between Egypt () and Somalia ()

Egypt Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Egypt
Top DestinationSaudi Arabia$5.31B

Somalia
Top DestinationUnited Arab Emirates$360M

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

In 2023, countries that imported more from Egypt than Somalia included Saudi Arabia ($5.31B), Turkey ($4.63B), and Italy ($2.9B).

In 2023, countries that imported more from Somalia than Egypt included Macau ($19.9M).

Difference in imports from Somalia () and Egypt () (2023)

Comparative Advantage Egypt - Somalia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Egypt had a large net trade with Somalia in the exports of Vegetable Products ($31.3M), Chemical Products ($11.1M), and Foodstuffs ($3.94M).

During 2018, Somalia had a large net trade with Egypt in the exports of Animal Products ($1.29M), Vegetable Products ($1.07M), and Chemical Products ($4.82k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Egypt Somalia+$718kVideo Displays

Top Product Potential Somalia Egypt+$1.15MBovine

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

Year

This visualization shows the product space at the HS4 level with the flags of Egypt and Somalia. This means that a dot/product with the flag of Egypt indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Egypt.

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Historical Data

Bilateral Trade by Products

Exports from Egypt () to Somalia () (2023)

Exports from Somalia () to Egypt () (2023)

Latest Data

Trade between Egypt () and Somalia ()

Egypt Exports

Market Competitiveness

Difference in imports from Somalia () and Egypt () (2023)

Comparative Advantage Egypt - Somalia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Egypt () and Somalia () (2023)

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