2022
Flag  
GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC 
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186

About

In N/A, Nepal did not export any services to Somalia.

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

In N/A, Somalia did not export any services to Nepal.

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B). That same year, Somalia ranked 167 in total exports ($569M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Nepal does not register exports to Somalia.

Somalia does not register exports to Nepal. The main products exported from Somalia to Nepal were Used Clothing ($849), Non-Knit Women's Suits ($82), and Other Ceramic Articles ($75).

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

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

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Somalia
Top Destination
United Arab Emirates$283M

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

In 2022, countries that imported more from Nepal than Somalia included India ($956M), United States ($152M), and Germany ($43M).

In 2022, countries that imported more from Somalia than Nepal included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).

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

Comparative Advantage Nepal - Somalia

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Somalia+$2.36kPalm Oil
Top Product Potential Somalia Nepal+N/AN/A

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

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

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

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