Israel (ISR) and Somalia (SOM) Trade | The Observatory of Economic Complexity

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Israel-Somalia Trade: In 2022, Israel exported $7.13M to Somalia. The main products that Israel exported to Somalia were Centrifuges ($2.92M), Broadcasting Equipment ($2.44M), and Chemical Analysis Instruments ($690k). Over the past 7 years the exports of Israel to Somalia have increased at an annualized rate of 84.2%, from $99k in 2015 to $7.13M in 2022.

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

Somalia-Israel In N/A, Somalia did not export any products to Israel.

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

Comparison In 2022, Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Israel exported $7.13M to Somalia. The main products exported from Israel to Somalia were Centrifuges ($2.92M), Broadcasting Equipment ($2.44M), and Chemical Analysis Instruments ($690k). During the last 7 years the exports of Israel to Somalia have increased at an annualized rate of 84.2%, from $99k in 2015 to $7.13M in 2022.

Somalia does not register exports to Israel. The main products exported from Somalia to Israel were Live Fish ($13k).

Exports from Israel () to Somalia () (2022)

Exports from Somalia () to Israel () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Israel
Top DestinationUnited States$20.3B

Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from Israel than Somalia included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

In 2022, countries that imported more from Somalia than Israel included Oman ($173M), Kuwait ($13.5M), and Qatar ($8.77M).

Difference in imports from Somalia () and Israel () (2022)

Comparative Advantage Israel - Somalia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Israel had a large net trade with Somalia in the exports of Machines ($6.03M), Instruments ($692k), and Transportation ($313k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Israel Somalia+$1.08MTelephones

Top Product Potential Somalia Israel+$3.34kGold

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

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Historical Data

Bilateral Trade by Products

Exports from Israel () to Somalia () (2022)

Exports from Somalia () to Israel () (2022)

Market Competitiveness

Difference in imports from Somalia () and Israel () (2022)

Comparative Advantage Israel - Somalia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Israel () and Somalia () (2022)

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