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Pricing

2022
Flag → Flag
Exports $809kRnk 150 / 186
2022
Flag → Flag
Top Product $494kRefined Petroleum
2022
Flag → Flag
Exports $1.07MRnk 22 / 95
2022
Flag → Flag
Top Product $1.06MInsect Resins
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC $3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

Morocco-Somalia Trade: In 2022, Morocco exported $809k to Somalia. The main products that Morocco exported to Somalia were Refined Petroleum ($494k), Insect Resins ($229k), and Packaged Medicaments ($60.1k). Over the past 5 years the exports of Morocco to Somalia have decreased at an annualized rate of 33.1%, from $6.05M in 2017 to $809k in 2022.

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

Somalia-Morocco Trade: In 2022, Somalia exported $1.07M to Morocco. The main products that Somalia exported to Morocco were Insect Resins ($1.06M), Synthetic Fabrics ($7.72k), and Artificial Filament Yarn Woven Fabric ($1.1k). Over the past 5 years the exports of Somalia to Morocco have increased at an annualized rate of 19.2%,  from $261k in 2017 to $1.07M in 2022.

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

Comparison In 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29),  and 63 in total exports ($46.7B). 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, Morocco exported $809k to Somalia. The main products exported from Morocco to Somalia were Refined Petroleum ($494k), Insect Resins ($229k), and Packaged Medicaments ($60.1k). During the last 5 years the exports of Morocco to Somalia have decreased at an annualized rate of 33.1%, from $6.05M in 2017 to $809k in 2022.

In 2017, Somalia exported $1.07M to Morocco. The main products exported from Somalia to Morocco were Insect Resins ($1.06M), Synthetic Fabrics ($7.72k), and Artificial Filament Yarn Woven Fabric ($1.1k). During the last 5 years the exports of Somalia to Morocco have increased at an annualized rate of 19.2%, from $261k in 2022 to $1.07M in 2017.

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

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

Latest Data

Trade between Morocco (Flag) and Somalia (Flag)

Morocco Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$8.55B
Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from Morocco than Somalia included Spain ($8.55B), France ($7.92B), and India ($2.99B).

In 2022, countries that imported more from Somalia than Morocco included Oman ($173M), United Arab Emirates ($283M), and Macau ($2.24M).

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

Comparative Advantage Morocco - Somalia

Flow
Scale

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

During 2022, Morocco had a large net trade with Somalia in the exports of Mineral Products ($494k), Vegetable Products ($229k), and Chemical Products ($60.1k).

During 2017, Somalia had a large net trade with Morocco in the exports of Vegetable Products ($1.06M) and Textiles ($8.81k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Somalia+$250kRefined Petroleum
Top Product Potential Somalia Morocco+$5.92kSynthetic Fabrics

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

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

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