Sign In
Pricing

2022
Flag → Flag
Exports $30.5MRnk 159 / 224
2022
Flag → Flag
Top Product $12.8MConcentrated Milk
2022
Flag → Flag
Exports $17.6MRnk 20 / 95
2022
Flag → Flag
Top Product $1.36MOther Oily Seeds
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

Netherlands-Somalia Trade: In 2022, Netherlands exported $30.5M to Somalia. The main products that Netherlands exported to Somalia were Concentrated Milk ($12.8M), Cranes ($7.88M), and Packaged Medicaments ($2.19M). Over the past 5 years the exports of Netherlands to Somalia have increased at an annualized rate of 21.3%, from $11.6M in 2017 to $30.5M in 2022.

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

Somalia-Netherlands In N/A, Somalia did not export any products to Netherlands.

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

Comparison In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11),  and 6 in total exports ($674B). That same year, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, Netherlands exported €1M and imported €1M from Somalia, resulting in a remained the same trade balance of €0. Between June 2023 and June 2024 the exports of Netherlands have decreased by €-5M (-83.3%) from €6M to €1M, while imports increased by €1M (N/A%) from €0 to €1M.

Trade In June 2024, the top exports of Netherlands to Somalia were Milk and cream and milk products... (€1M). In June 2024 the top imports of Netherlands from Somalia were .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€-5M(-83.3%)
IMPORT GROWTH (December 2020 - December 2021)€1M(N/A%)

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

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

For full datasets download visit Bulk Download page.

Explore Somalia and Netherlands Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $30.5M to Somalia. The main products exported from Netherlands to Somalia were Concentrated Milk ($12.8M), Cranes ($7.88M), and Packaged Medicaments ($2.19M). During the last 5 years the exports of Netherlands to Somalia have increased at an annualized rate of 21.3%, from $11.6M in 2017 to $30.5M in 2022.

Somalia does not register exports to Netherlands. The main products exported from Somalia to Netherlands were Other Oily Seeds ($1.36M), Insect Resins ($47.4k), and Precious Stones ($3.57k).

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from Netherlands than Somalia included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, no countries were registered that imported more from Somalia than from Netherlands.

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

Comparative Advantage Netherlands - Somalia

Flow
Scale

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

During 2022, Netherlands had a large net trade with Somalia in the exports of Animal Products ($13.6M), Machines ($9.42M), and Chemical Products ($2.64M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Somalia+$2.14MPackaged Medicaments
Top Product Potential Somalia Netherlands+$213kOther Oily Seeds

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms