2022
Flag  
GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
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GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
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 GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
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GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
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GDP PC 
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186
2022
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GDP PC
$462CURRENT US$
Rnk 183 / 186
2012-2022
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GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186

About

Oman-Somalia In 2022, Oman exported $248M to Somalia. The main products that Oman exported to Somalia are Concentrated Milk ($57.8M), Cement ($35.2M), and Wheat Flours ($32.5M). During the last 27 years the exports of Oman to Somalia have increased at an annualized rate of 41.1%, from $22.8k in 1995 to $248M in 2022.

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

Somalia-Oman In 2022, Somalia exported $173M to Oman. The main products that Somalia exported to Oman were Sheep and Goats ($137M), Bovine ($29.5M), and Other Animals ($3.37M). During the last 27 years the exports of Somalia to Oman have increased at an annualized rate of 18.3%, from $1.86M in 1995 to $173M in 2022.

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

Comparison In 2022,  Oman ranked 68 in the Economic Complexity Index (ECI -0.15),  and 50 in total exports ($76.4B). 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, Oman exported $248M to Somalia. The main products exported from Oman to Somalia were Concentrated Milk ($57.8M), Cement ($35.2M), and Wheat Flours ($32.5M). During the last 27 years the exports of Oman to Somalia have increased at an annualized rate of 41.1%, from $22.8k in 1995 to $248M in 2022.

In 2022, Somalia exported $173M to Oman. The main products exported from Somalia to Oman were Sheep and Goats ($137M), Bovine ($29.5M), and Other Animals ($3.37M). During the last 27 years the exports of Somalia to Oman have increased at an annualized rate of 18.3%, from $1.86M in 1995 to $173M in 2022.

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

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

Latest Data

Trade between Oman (Flag) and Somalia (Flag)

Oman Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.4B
Somalia
Top Destination
United Arab Emirates$283M

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

In 2021, countries that imported more from Oman than Somalia were China ($30.4B), India ($8.15B), and South Korea ($4.64B).

In 2021, countries that imported more from Somalia than Oman were Macau ($2.24M), Bulgaria ($18.5M), and Israel ($13k).

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

Comparative Advantage Oman - Somalia

Flow
Scale

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

During 2022, Oman had a large net trade with Somalia in the exports of Animal Products ($58.4M), Mineral Products ($43.3M), and Vegetable Products ($39.1M).

During 2022, Somalia had a large net trade with Oman in the exports of Animal Products ($173M), Animal Hides ($30.8k), and Metals ($24.4k).

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

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

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