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Pricing

2022
Flag → Flag
Exports $16.3MRnk 169 / 219
2022
Flag → Flag
Top Product $4.32MOther Edible Preparations
2022
Flag → Flag
Exports $3.27MRnk 11 / 95
2022
Flag → Flag
Top Product $3.16MInsect Resins
2022
Flag
Economic Complexity (ECI) ECI 1.3Rnk 16 / 133
2022
Flag  
GDP$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH3.7%CURRENT US$
Rnk 157 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC $40,964CURRENT US$
Rnk 26 / 186
2012-2022
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GDP PC GROWTH0.23%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

France-Somalia Trade: In 2022, France exported $16.3M to Somalia. The main products that France exported to Somalia were Other Edible Preparations ($4.32M), Malt Extract ($3.71M), and Insulated Wire ($741k). Over the past 5 years the exports of France to Somalia have decreased at an annualized rate of 17.6%, from $43.1M in 2017 to $16.3M in 2022.

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

Somalia-France Trade: In 2022, Somalia exported $3.27M to France. The main products that Somalia exported to France were Insect Resins ($3.16M), Other Oily Seeds ($79k), and Broadcasting Equipment ($7.85k). Over the past 5 years the exports of Somalia to France have decreased at an annualized rate of 21.5%,  from $11M in 2017 to $3.27M in 2022.

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

Comparison In 2022,  France ranked 16 in the Economic Complexity Index (ECI 1.3),  and 8 in total exports ($608B). That same year, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, France exported $16.3M to Somalia. The main products exported from France to Somalia were Other Edible Preparations ($4.32M), Malt Extract ($3.71M), and Insulated Wire ($741k). During the last 5 years the exports of France to Somalia have decreased at an annualized rate of 17.6%, from $43.1M in 2017 to $16.3M in 2022.

In 2017, Somalia exported $3.27M to France. The main products exported from Somalia to France were Insect Resins ($3.16M), Other Oily Seeds ($79k), and Broadcasting Equipment ($7.85k). During the last 5 years the exports of Somalia to France have decreased at an annualized rate of 21.5%, from $11M in 2022 to $3.27M in 2017.

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

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

Latest Data

Trade between France (Flag) and Somalia (Flag)

France Exports

Market Competitiveness

Color
France
Top DestinationGermany$78.3B
Somalia
Top DestinationUnited Arab Emirates$283M

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 2022, countries that imported more from France than Somalia included Germany ($78.3B), Italy ($56.4B), and United States ($50B).

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

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

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 2022, France had a large net trade with Somalia in the exports of Foodstuffs ($8.19M), Machines ($3.91M), and Instruments ($1.26M).

During 2017, Somalia had a large net trade with France in the exports of Vegetable Products ($3.24M), Machines ($12.5k), and Animal Products ($7.5k).

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.

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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) (2022)

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