Indonesia (IDN) and Somalia (SOM) Trade | The Observatory of Economic Complexity

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Indonesia-Somalia Trade: In 2023, Indonesia exported $97.1M to Somalia. The main products that Indonesia exported to Somalia were Palm Oil ($32.8M), Non-Knit Active Wear ($15.5M), and Synthetic Filament Yarn Woven Fabric ($7.57M). Over the past 5 years the exports of Indonesia to Somalia have increased at an annualized rate of 7.34%, from $68.1M in 2018 to $97.1M in 2023.

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

Somalia-Indonesia Trade: In 2023, Somalia exported $68.8k to Indonesia. The main products that Somalia exported to Indonesia were Sheep Hides ($68.1k), Engine Parts ($487), and Light Rubberized Knitted Fabric ($129). Over the past 5 years the exports of Somalia to Indonesia have increased at an annualized rate of 167%, from $503 in 2018 to $68.8k in 2023.

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

Comparison In 2023, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). 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, Indonesia exported $97.1M to Somalia. The main products exported from Indonesia to Somalia were Palm Oil ($32.8M), Non-Knit Active Wear ($15.5M), and Synthetic Filament Yarn Woven Fabric ($7.57M). During the last 5 years the exports of Indonesia to Somalia have increased at an annualized rate of 7.34%, from $68.1M in 2018 to $97.1M in 2023.

In 2018, Somalia exported $68.8k to Indonesia. The main products exported from Somalia to Indonesia were Sheep Hides ($68.1k), Engine Parts ($487), and Light Rubberized Knitted Fabric ($129). During the last 5 years the exports of Somalia to Indonesia have increased at an annualized rate of 167%, from $503 in 2023 to $68.8k in 2018.

Exports from Indonesia () to Somalia () (2023)

Exports from Somalia () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Somalia ()

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$70.7B

Somalia
Top DestinationUnited Arab Emirates$360M

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

In 2023, countries that imported more from Indonesia than Somalia included China ($70.7B), United States ($27.9B), and India ($24B).

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

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

Comparative Advantage Indonesia - Somalia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Indonesia had a large net trade with Somalia in the exports of Animal and Vegetable Bi-Products ($32.8M), Textiles ($32.5M), and Chemical Products ($8.85M).

During 2018, Somalia had a large net trade with Indonesia in the exports of Animal Hides ($68.1k), Machines ($487), and Textiles ($164).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Indonesia Somalia+$9.32MPalm Oil

Top Product Potential Somalia Indonesia+$22.5kEquine and Bovine Hides

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

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Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Somalia () (2023)

Exports from Somalia () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Somalia ()

Indonesia Exports

Market Competitiveness

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

Comparative Advantage Indonesia - Somalia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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