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2023
Flag → Flag
Exports $3.05MRnk 96 / 191
2023
Flag → Flag
Top Product $2.74MRefrigerators
2023
Flag → Flag
Exports $3.15kRnk 74 / 92
2023
Flag → Flag
Top Product $1.25kOther Domestic Electric Housewares
2023
Flag  
GDP$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH31.5%CURRENT US$
Rnk 111 / 195
2023
Flag
 GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC $128,678CURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP PC GROWTH7.23%CURRENT US$
Rnk 143 / 195
2023
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GDP PC$597CURRENT US$
Rnk 191 / 196
2013-2023
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GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195

About

Luxembourg-Somalia Trade: In 2023, Luxembourg exported $3.05M to Somalia. The main products that Luxembourg exported to Somalia were Refrigerators ($2.74M), Broadcasting Accessories ($164k), and Plastic Lids ($101k). Over the past 8 years the exports of Luxembourg to Somalia have increased at an annualized rate of 5.17%, from $2.04M in 2015 to $3.05M in 2023.

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

Somalia-Luxembourg Trade: In 2023, Somalia exported $3.15k to Luxembourg. The main products that Somalia exported to Luxembourg were Other Domestic Electric Housewares ($1.25k), Knit Socks and Hosiery ($541), and Essential Oils ($506). Over the past 8 years the exports of Somalia to Luxembourg have increased at an annualized rate of 119%,  from $62 in 2015 to $3.15k in 2023.

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

Comparison In 2023,  Luxembourg ranked 82 in total exports ($18.9B). That same year, Somalia ranked 161 in total exports ($1.03B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Luxembourg exported $3.05M to Somalia. The main products exported from Luxembourg to Somalia were Refrigerators ($2.74M), Broadcasting Accessories ($164k), and Plastic Lids ($101k). During the last 8 years the exports of Luxembourg to Somalia have increased at an annualized rate of 5.17%, from $2.04M in 2015 to $3.05M in 2023.

In 2018, Somalia exported $3.15k to Luxembourg. The main products exported from Somalia to Luxembourg were Other Domestic Electric Housewares ($1.25k), Knit Socks and Hosiery ($541), and Essential Oils ($506). During the last 5 years the exports of Somalia to Luxembourg have increased at an annualized rate of 119%, from $62 in 2023 to $3.15k in 2018.

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

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

Latest Data

Trade between Luxembourg (Flag) and Somalia (Flag)

Luxembourg Exports

Market Competitiveness

Color
Luxembourg
Top DestinationGermany$3.42B
Somalia
Top DestinationUnited Arab Emirates$360M

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

In 2023, countries that imported more from Luxembourg than Somalia included Germany ($3.42B), France ($2.8B), and Belgium ($1.59B).

In 2023, countries that imported more from Somalia than Luxembourg included Saudi Arabia ($283M), United Arab Emirates ($360M), and Djibouti ($84.2M).

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

Comparative Advantage Luxembourg - Somalia

Flow
Scale

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

During 2023, Luxembourg had a large net trade with Somalia in the exports of Machines ($2.9M), Plastics and Rubbers ($101k), and Miscellaneous ($45.4k).

During 2018, Somalia had a large net trade with Luxembourg in the exports of Machines ($1.33k), Textiles ($725), and Chemical Products ($506).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Luxembourg and Somalia. This means that a dot/product with the flag of Luxembourg indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Luxembourg.

Product Space of Luxembourg (Flag) and Somalia (Flag) (2023)

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