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Pricing

2022
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Exports $2.48MRnk 196 / 211
2022
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Top Product $657kDelivery Trucks
2022
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Exports $4.24MRnk 9 / 95
2022
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Top Product $2.81MMolluscs
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
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2022
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 GDP$8.13BCURRENT US$
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2012-2022
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GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
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GDP PC $33,815CURRENT US$
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2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$462CURRENT US$
Rnk 183 / 186
2012-2022
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GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

Japan-Somalia In 2022, Japan exported $2.48M to Somalia. The main products that Japan exported to Somalia are Delivery Trucks ($657k), X-Ray Equipment ($510k), and Buses ($473k). During the last 27 years the exports of Japan to Somalia have increased at an annualized rate of 4.37%, from $780k in 1995 to $2.48M in 2022.

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

Somalia-Japan In 2022, Somalia exported $4.24M to Japan. The main products that Somalia exported to Japan were Molluscs ($2.81M), Fish oil ($988k), and Other Oily Seeds ($272k). During the last 27 years the exports of Somalia to Japan have increased at an annualized rate of 28%, from $5.44k in 1995 to $4.24M in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 1.99),  and 4 in total exports ($728B). That same year, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Japan exported ¥20.6M and imported ¥29.8M from Somalia, resulting in a negative trade balance of ¥9.15M. Between January 2023 and January 2024 the exports of Japan have decreased by ¥-10.1M (-33%) from ¥30.7M to ¥20.6M, while imports decreased by ¥-49.7M (-62.5%) from ¥79.4M to ¥29.8M.

Trade In January 2024, the top exports of Japan to Somalia were Other Nitrogen Compounds (¥29.3M) and Bicycles, delivery tricycles, other cycles (¥1.49M). In January 2024 the top imports of Japan from Somalia were Molluscs (¥37.9M), Fish oil (¥30.2M), Fish Fillets (¥9.16M), and Essential Oils (¥2.15M).

Origins In January 2024 the exports of Japan were mainly from Kanagawa (¥11.5M), Aichi (¥8.5M), and Osaka (¥648k), while imports destinations were mainly Osaka (¥13.1M), Kanagawa (¥12.7M), Aichi (¥2.78M), and Chiba (¥1.16M).

Growth In January 2024, the decrease in Japan's year-by-year exports to Somalia was explained primarily by an decrease in product exports in Bicycles, delivery tricycles, other cycles (¥-1.19M or -44.3%). In January 2024, the decrease in Japan's year-by-year imports  from Somalia was explained primarily by an decrease in product imports  in Fish oil (¥-2.33M or -7.17%) and Essential Oils (¥-607k or -22.1%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)¥-10.1M(-33%)
IMPORT GROWTH (January 2023 - January 2024)¥-49.7M(-62.5%)
MAIN EXPORTER (January 2024)Kanagawa¥11.5M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Somalia and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $2.48M to Somalia. The main products exported from Japan to Somalia were Delivery Trucks ($657k), X-Ray Equipment ($510k), and Buses ($473k). During the last 27 years the exports of Japan to Somalia have increased at an annualized rate of 4.37%, from $780k in 1995 to $2.48M in 2022.

In 2022, Somalia exported $4.24M to Japan. The main products exported from Somalia to Japan were Molluscs ($2.81M), Fish oil ($988k), and Other Oily Seeds ($272k). During the last 26 years the exports of Somalia to Japan have increased at an annualized rate of 28%, from $5.44k in 1996 to $4.24M in 2022.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2021, countries that imported more from Japan than Somalia were United States ($137B), China ($135B), and South Korea ($50.8B).

In 2019, no countries were registered that imported more from Somalia than from Japan.

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

Comparative Advantage Japan - Somalia

Flow
Scale

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

During 2022, Japan had a large net trade with Somalia in the exports of Transportation ($1.58M), Instruments ($522k), and Machines ($202k).

During 2022, Somalia had a large net trade with Japan in the exports of Animal Products ($2.83M), Animal and Vegetable Bi-Products ($988k), and Vegetable Products ($293k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Japan has comparative advantage over Somalia. Similarly, the more yellow a dot/product is, the more Somalia has comparative advantage over Japan.

Product Space of Japan (Flag) and Somalia (Flag) (2022)

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