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Pricing

2022
Flag → Flag
Exports $17.3kRnk 59 / 95
2022
Flag → Flag
Top Product $2.21kVideo Recording Equipment
2022
Flag → Flag
Exports $3.09MRnk 127 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.55Rnk 126 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC $462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH-39.6%CURRENT US$
Rnk 182 / 186

About

Somalia-Angola Trade: In 2022, Somalia exported $17.3k to Angola. The main products that Somalia exported to Angola were Video Recording Equipment ($2.21k), Insulated Wire ($1.57k), and Electrical Transformers ($1.52k). Over the past 10 years the exports of Somalia to Angola have decreased at an annualized rate of 22.1%, from $209k in 2012 to $17.3k in 2022.

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

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

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

Comparison In 2022,  Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index. That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $17.3k to Angola. The main products exported from Somalia to Angola were Video Recording Equipment ($2.21k), Insulated Wire ($1.57k), and Electrical Transformers ($1.52k). During the last 10 years the exports of Somalia to Angola have decreased at an annualized rate of 22.1%, from $209k in 2012 to $17.3k in 2022.

Angola does not register exports to Somalia.

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

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

Latest Data

Trade between Somalia (Flag) and Angola (Flag)

Angola Exports

Date

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Somalia than Angola included Oman ($173M), Bulgaria ($18.5M), and Bahrain ($9M).

In 2022, countries that imported more from Angola than Somalia included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

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

Comparative Advantage Somalia - Angola

Flow
Scale

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

During 2022, Somalia had a large net trade with Angola in the exports of Machines ($11.9k), Textiles ($3.18k), and Instruments ($1.95k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Angola+$1.09kBovine
Top Product Potential Angola Somalia+$2.91kPetroleum Gas

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

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

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