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Pricing

2022
Flag → Flag
Exports $30.5MRnk 159 / 224
2022
Flag → Flag
Top Product $12.8MConcentrated Milk
2022
Flag → Flag
Exports $1.42MRnk 20 / 95
2022
Flag → Flag
Top Product $1.36MOther Oily Seeds
2022
Flag
Economic Complexity (ECI) ECI 1.1Rnk 20 / 124
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
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GDP PC$462CURRENT US$
Rnk 183 / 186
2012-2022
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GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

Netherlands-Somalia In 2022, Netherlands exported $30.5M to Somalia. The main products that Netherlands exported to Somalia are Concentrated Milk ($12.8M), Cranes ($7.88M), and Packaged Medicaments ($2.19M). During the last 27 years the exports of Netherlands to Somalia have increased at an annualized rate of 17%, from $438k in 1995 to $30.5M in 2022.

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

Somalia-Netherlands In 2022, Somalia exported $1.42M to Netherlands. The main products that Somalia exported to Netherlands were Other Oily Seeds ($1.36M), Insect Resins ($47.4k), and Precious Stones ($3.57k). During the last 27 years the exports of Somalia to Netherlands have increased at an annualized rate of 17.6%, from $17.7k in 1995 to $1.42M in 2022.

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

Comparison In 2022,  Netherlands ranked 20 in the Economic Complexity Index (ECI 1.1),  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

October, 2022

About

Overview In October 2022, Netherlands exported €1M and imported €1M from Somalia, resulting in a remained the same trade balance of €0. Between October 2021 and October 2022 the exports of Netherlands have remained the same by €0 (0%) from €1M to €1M, while imports increased by €1M (N/A%) from €0 to €1M.

Trade In October 2022, the top exports of Netherlands to Somalia were . In October 2022 the top imports of Netherlands from Somalia were .

Growth In October 2022, the change in Netherlands's year-by-year exports to Somalia was explained primarily by an decrease in product exports in . In December 2021, the increase in Netherlands's year-by-year imports  from Somalia was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (October 2021 - October 2022)€0(0%)
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.

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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 27 years the exports of Netherlands to Somalia have increased at an annualized rate of 17%, from $438k in 1995 to $30.5M in 2022.

In 2022, Somalia exported $1.42M 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). During the last 24 years the exports of Somalia to Netherlands have increased at an annualized rate of 17.6%, from $17.7k in 1998 to $1.42M in 2022.

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 2021, countries that imported more from Netherlands than Somalia were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2019, 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).

During 2022, Somalia had a large net trade with Netherlands in the exports of Vegetable Products ($1.41M), Precious Metals ($3.57k), and Textiles ($1.92k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Somalia. Similarly, the more yellow a dot/product is, the more Somalia has comparative advantage over Netherlands.

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

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