GDP$1.41TCURRENT US$Rnk 14 / 186 GDP GROWTH17.7%CURRENT US$Rnk 127 / 186
GDP$8.13BCURRENT US$Rnk 148 / 186 GDP GROWTH0%CURRENT US$Rnk 165 / 186 GDP PC $11,091CURRENT US$Rnk 74 / 186GDP PC GROWTH6.89%CURRENT US$Rnk 126 / 186GDP PC$462CURRENT US$Rnk 183 / 186GDP PC GROWTH0%CURRENT US$Rnk 143 / 186In N/A, Mexico did not export any services to Somalia.
Somalia-Mexico In N/A, Somalia did not export any products to Mexico.
In N/A, Somalia did not export any services to Mexico.
Comparison In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). That same year, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.
This map shows whether countries import more from Mexico or Somalia. Each country is colored based on the difference in imports they receive from Mexico and Somalia or the difference in the growth in imports.
In 2022, countries that imported more from Mexico than Somalia included United States ($421B), Canada ($22.2B), and China ($12.7B).
In 2022, countries that imported more from Somalia than Mexico included Oman ($173M).
) and Mexico () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Mexico and Somalia. This means that a dot/product with the flag of Mexico indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Mexico.
) and Somalia () (2020)
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