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

2023
Flag → Flag
Exports $37.5MRnk 148 / 219
2023
Flag → Flag
Top Product $25.3MOther Edible Preparations
2023
Flag → Flag
Exports $2.8MRnk 13 / 92
2023
Flag → Flag
Top Product $2.58MInsect Resins
2023
Flag
Economic Complexity (ECI) ECI 1.34Rnk 16 / 132
2023
Flag  
GDP$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
 GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC $44,691CURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP PC GROWTH4.74%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195

About

France-Somalia Trade: In 2023, France exported $37.5M to Somalia. The main products that France exported to Somalia were Other Edible Preparations ($25.3M), Malt Extract ($4.57M), and Air Pumps ($2M). Over the past 5 years the exports of France to Somalia have increased at an annualized rate of 14.5%, from $19.1M in 2018 to $37.5M in 2023.

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

Somalia-France Trade: In 2023, Somalia exported $2.8M to France. The main products that Somalia exported to France were Insect Resins ($2.58M), Broadcasting Equipment ($88.1k), and Live Fish ($46.5k). Over the past 5 years the exports of Somalia to France have decreased at an annualized rate of 19.6%,  from $8.35M in 2018 to $2.8M in 2023.

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

Comparison In 2023,  France ranked 16 in the Economic Complexity Index (ECI 1.34),  and 7 in total exports ($635B). 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

In 2023, France exported $37.5M to Somalia. The main products exported from France to Somalia were Other Edible Preparations ($25.3M), Malt Extract ($4.57M), and Air Pumps ($2M). During the last 5 years the exports of France to Somalia have increased at an annualized rate of 14.5%, from $19.1M in 2018 to $37.5M in 2023.

In 2018, Somalia exported $2.8M to France. The main products exported from Somalia to France were Insect Resins ($2.58M), Broadcasting Equipment ($88.1k), and Live Fish ($46.5k). During the last 5 years the exports of Somalia to France have decreased at an annualized rate of 19.6%, from $8.35M in 2023 to $2.8M in 2018.

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

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

Latest Data

Trade between France (Flag) and Somalia (Flag)

France Exports

Market Competitiveness

Color
France
Top DestinationGermany$72.8B
Somalia
Top DestinationUnited Arab Emirates$360M

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

In 2023, countries that imported more from France than Somalia included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

In 2023, no countries were registered that imported more from Somalia than from France.

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

Comparative Advantage France - Somalia

Flow
Scale

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

During 2023, France had a large net trade with Somalia in the exports of Foodstuffs ($30M), Machines ($4.82M), and Chemical Products ($695k).

During 2018, Somalia had a large net trade with France in the exports of Vegetable Products ($2.58M), Machines ($112k), and Animal Products ($46.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Somalia+$1.2MPackaged Medicaments
Top Product Potential Somalia France+$537kInsect Resins

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

Product Space of France (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