Somalia (SOM) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Somalia-Angola Trade: In 2023, Somalia exported $2.65k to Angola. The main products that Somalia exported to Angola were Paper Notebooks ($1.96k), Ground Nut Oil ($555), and Textile Footwear ($142). Over the past 9 years the exports of Somalia to Angola have increased at an annualized rate of 5.45%, from $1.65k in 2014 to $2.65k in 2023.

In 2023, Somalia did not export any services to Angola.

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

In 2023, Angola did not export any services to Somalia.

Comparison In 2023, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index. That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Somalia exported $2.65k to Angola. The main products exported from Somalia to Angola were Paper Notebooks ($1.96k), Ground Nut Oil ($555), and Textile Footwear ($142). During the last 9 years the exports of Somalia to Angola have increased at an annualized rate of 5.45%, from $1.65k in 2014 to $2.65k in 2023.

Angola does not register exports to Somalia.

Exports from Somalia () to Angola () (2023)

Exports from Angola () to Somalia () (2023)

Latest Data

Trade between Somalia () and Angola ()

Angola Exports

Date

May 2019

Aug 2018

Mar 2015

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationUnited Arab Emirates$360M

Angola
Top DestinationChina$17.1B

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 2023, countries that imported more from Somalia than Angola included Saudi Arabia ($283M), Oman ($180M), and Djibouti ($84.2M).

In 2023, countries that imported more from Angola than Somalia included China ($17.1B), India ($3.87B), and Spain ($2.65B).

Difference in imports from Angola () and Somalia () (2023)

Comparative Advantage Somalia - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Somalia had a large net trade with Angola in the exports of Paper Goods ($1.96k), Animal and Vegetable Bi-Products ($555), and Footwear and Headwear ($142).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Somalia () to Angola () (2023)

Exports from Angola () to Somalia () (2023)

Latest Data

Trade between Somalia () and Angola ()

Angola Exports

Market Competitiveness

Difference in imports from Angola () and Somalia () (2023)

Comparative Advantage Somalia - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Somalia () and Angola () (2023)

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