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Flag → Flag
Exports $1.04kRnk 56 / 0
2022
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Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
Flag  
GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
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GDP GROWTH25.9%CURRENT US$
Rnk 106 / 186
2022
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 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
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GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
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GDP PC $7,126CURRENT US$
Rnk 89 / 186
2012-2022
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GDP PC GROWTH10%CURRENT US$
Rnk 116 / 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

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

Somalia-Peru Trade: In N/A, Somalia exported $1.04k to Peru. The main products that Somalia exported to Peru were N/A. Over the past N/A years the exports of Somalia to Peru have decreased at an annualized rate of 15.7%,  from $2.45k in N/A to $1.04k in N/A.

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

Comparison In 2022,  Peru ranked 93 in the Economic Complexity Index (ECI -0.6),  and 54 in total exports ($59.4B). 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

Peru does not register exports to Somalia.

In 2016, Somalia exported $1.04k to Peru. There were not main exports from Somalia to Peru in 2016. During the last 5 years the exports of Somalia to Peru have decreased at an annualized rate of 15.7%, from $2.45k in 2021 to $1.04k in 2016.

Exports from Peru (Flag) to Somalia (Flag) (2021)

Exports from Somalia (Flag) to Peru (Flag) (2021)

Latest Data

Trade between Peru (Flag) and Somalia (Flag)

Peru Exports

Date

Market Competitiveness

Color
Peru
Top DestinationChina$17.6B
Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from Peru than Somalia included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

In 2022, countries that imported more from Somalia than Peru included Oman ($173M), Bahrain ($9M), and Qatar ($8.77M).

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

Comparative Advantage Peru - Somalia

Flow
Scale

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

During 2016, Somalia had a large net trade with Peru in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Somalia+$2.59kRefined Petroleum
Top Product Potential Somalia Peru+$2.88kGold

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 Peru and Somalia. This means that a dot/product with the flag of Peru indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Peru.

Product Space of Peru (Flag) and Somalia (Flag) (2021)

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