2022
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GDP
$579BCURRENT US$
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2012-2022
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GDP GROWTH
13%CURRENT US$
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2022
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 GDP
$8.13BCURRENT US$
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2012-2022
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GDP GROWTH
0%CURRENT US$
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2022
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GDP PC 
$106,149CURRENT US$
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2012-2022
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GDP PC GROWTH
3.89%CURRENT US$
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2022
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GDP PC
$462CURRENT US$
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0%CURRENT US$
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About

Norway-Somalia In 2022, Norway exported $278k to Somalia. The main products that Norway exported to Somalia are Medical Instruments ($92.1k), Cars ($42.9k), and Delivery Trucks ($38.1k). During the last 27 years the exports of Norway to Somalia have increased at an annualized rate of 5.05%, from $73.6k in 1995 to $278k in 2022.

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

Somalia-Norway In 2022, Somalia exported $31.9k to Norway. The main products that Somalia exported to Norway were Other Oily Seeds ($27.3k), Shaving Products ($1.55k), and Tea ($1.08k). During the last 27 years the exports of Somalia to Norway have increased at an annualized rate of 16%, from $584 in 1995 to $31.9k in 2022.

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

Comparison In 2022,  Norway ranked 41 in the Economic Complexity Index (ECI 0.58),  and 28 in total exports ($285B). 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, Norway exported $278k to Somalia. The main products exported from Norway to Somalia were Medical Instruments ($92.1k), Cars ($42.9k), and Delivery Trucks ($38.1k). During the last 27 years the exports of Norway to Somalia have increased at an annualized rate of 5.05%, from $73.6k in 1995 to $278k in 2022.

In 2022, Somalia exported $31.9k to Norway. The main products exported from Somalia to Norway were Other Oily Seeds ($27.3k), Shaving Products ($1.55k), and Tea ($1.08k). During the last 23 years the exports of Somalia to Norway have increased at an annualized rate of 16%, from $584 in 1999 to $31.9k in 2022.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Somalia
Top Destination
United Arab Emirates$283M

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

In 2021, countries that imported more from Norway than Somalia were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from Somalia than Norway were Oman ($173M).

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

Comparative Advantage Norway - Somalia

Flow
Scale

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

During 2022, Norway had a large net trade with Somalia in the exports of Instruments ($97.8k), Transportation ($89.6k), and Machines ($59k).

During 2022, Somalia had a large net trade with Norway in the exports of Vegetable Products ($30.1k), Chemical Products ($1.55k), and Machines ($293).

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 Norway has comparative advantage over Somalia. Similarly, the more yellow a dot/product is, the more Somalia has comparative advantage over Norway.

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

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