Flag Saudi Arabia / Somalia Flag

2019
Flag β†’ Flag  
Exports
: $49.8M, Rnk 69 / 179

2019
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Top Product
: $16.7M, Concentrated Milk

2019
Flag β†’ Flag
Exports
: $80.1M, Rnk 2 / 76

2019
Flag β†’ Flag
Top Product
: $77.2M, Sheep and Goats

2019
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Economic Complexity (ECI)
: ECI 1, Rnk 33 / 157

2019
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Economic Complexity (ECI)
: ECI -1.08, Rnk 135 / 157

2019
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GDP
: $793B, CURRENT US$
Rnk 18 / 187

2009-2019
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GDP GROWTH
: 84.8%, CURRENT US$
Rnk 40 / 187

2019
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GDP PC 
: $23,140, CURRENT US$
Rnk 43 / 187

2009-2019
Flag
GDP PC GROWTH
: 43.6%, CURRENT US$
Rnk 68 / 187

Saudi Arabia-Somalia: In 2019, Saudi Arabia exported $49.8M to Somalia. The main products that Saudi Arabia exported to Somalia are Concentrated Milk ($16.7M), Tropical Fruits ($6.73M), and Fruit Juice ($5.13M). During the last 24 years the exports of Saudi Arabia to Somalia have increased at an annualized rate of 6.54%, from $10.9M in 1995 to $49.8M in 2019.

In 2019, Saudi Arabia did not exported services to Somalia.

Somalia-Saudi Arabia: In 2019, Somalia exported $80.1M to Saudi Arabia . The main products that Somalia exported to Saudi Arabia were Sheep and Goats ($77.2M), Citrus ($2.02M), and Insect Resins ($437k). During the last 24 years the exports of Somalia to Saudi Arabia have decreased at an annualized rate of 0.69%, from $94.7M in 1995 to $80.1M in 2019.

In 2019, Somalia did not exported services to Saudi Arabia.

Comparison: In 2019,  Saudi Arabia ranked 33 in the Economic Complexity Index (ECI 1), and 26 in total exports ($228B). That same year, Somalia ranked 135 in the Economic Complexity Index (ECI -1.08), and 167 in total exports ($420M).

Bilateral Trade by Products

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Depth
Value

In 2019, Saudi Arabia exported $49.8M to Somalia. The main products exported from Saudi Arabia to Somalia were Concentrated Milk ($16.7M), Tropical Fruits ($6.73M), and Fruit Juice ($5.13M). During the last 24 years the exports of Saudi Arabia to Somalia have increased at an annualized rate of 6.54%, from $10.9M in 1995 to $49.8M in 2019.

In 2019, Somalia exported $80.1M to Saudi Arabia. The main products exported from Somalia to Saudi Arabia were Sheep and Goats ($77.2M), Citrus ($2.02M), and Insect Resins ($437k). During the last 24 years the exports of Somalia to Saudi Arabia have decreased at an annualized rate of 0.69%, from $94.7M in 1995 to $80.1M in 2019.

Market Competitiveness

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Measure

Saudi Arabia
Top Destination
: China, $45.8B

Somalia
Top Destination
: United Arab Emirates, $195M

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

In 2019, countries that imported more from Saudi Arabia than Somalia were China ($45.8B), India ($25.1B), and Japan ($24.5B).

In 2019, countries that imported more from Somalia than Saudi Arabia were Qatar ($5.42M) and Israel ($271k).

Comparative Advantage Saudi Arabia - Somalia

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Depth

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

During 2019, Saudi Arabia had a large net trade with Somalia in the exports of Animal Products ($17.7M), Foodstuffs ($12.2M), and Plastics and Rubbers ($7.74M).

During 2019, Somalia had a large net trade with Saudi Arabia in the exports of Animal Products ($77.3M), Vegetable Products ($2.78M), and Precious Metals ($32.9k).

Economic Complexity

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Competitive Landscape

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