Moldova (MDA) and Somalia (SOM) Trade | The Observatory of Economic Complexity

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Moldova-Somalia Trade: In 2022, Moldova exported $71.8k to Somalia. The main products that Moldova exported to Somalia were Packaged Medicaments ($71.8k). Over the past 5 years the exports of Moldova to Somalia have increased at an annualized rate of 9.65%, from $45.3k in 2017 to $71.8k in 2022.

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

Somalia-Moldova Trade: In 2022, Somalia exported $44 to Moldova. The main products that Somalia exported to Moldova were Iron Fasteners ($44). Over the past 5 years the exports of Somalia to Moldova have increased at an annualized rate of 9.46%, from $28 in 2017 to $44 in 2022.

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

Comparison In 2022, Moldova ranked 65 in the Economic Complexity Index (ECI 0.0038), and 124 in total exports ($4.94B). 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, Moldova exported $71.8k to Somalia. The main products exported from Moldova to Somalia were Packaged Medicaments ($71.8k). During the last 5 years the exports of Moldova to Somalia have increased at an annualized rate of 9.65%, from $45.3k in 2017 to $71.8k in 2022.

In 2017, Somalia exported $44 to Moldova. The main products exported from Somalia to Moldova were Iron Fasteners ($44). During the last 5 years the exports of Somalia to Moldova have increased at an annualized rate of 9.46%, from $28 in 2022 to $44 in 2017.

Exports from Moldova () to Somalia () (2022)

Exports from Somalia () to Moldova () (2022)

Latest Data

Trade between Moldova () and Somalia ()

Moldova Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Moldova
Top DestinationRomania$1.35B

Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from Moldova than Somalia included Romania ($1.35B), Ukraine ($729M), and Italy ($352M).

In 2022, countries that imported more from Somalia than Moldova included United Arab Emirates ($283M), Oman ($173M), and India ($15.6M).

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

Comparative Advantage Moldova - Somalia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Moldova had a large net trade with Somalia in the exports of Chemical Products ($71.8k).

During 2017, Somalia had a large net trade with Moldova in the exports of Metals ($44).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Moldova Somalia+$1.66kInsulated Wire

Top Product Potential Somalia Moldova+$1.07kScrap Iron

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

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Historical Data

Bilateral Trade by Products

Exports from Moldova () to Somalia () (2022)

Exports from Somalia () to Moldova () (2022)

Latest Data

Trade between Moldova () and Somalia ()

Moldova Exports

Market Competitiveness

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

Comparative Advantage Moldova - Somalia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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