2022
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GDP
$8.13BCURRENT US$
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2012-2022
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GDP GROWTH
0%CURRENT US$
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2022
Flag
 GDP
$508BCURRENT US$
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2012-2022
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GDP GROWTH
32%CURRENT US$
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2022
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GDP PC 
$462CURRENT US$
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2012-2022
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GDP PC GROWTH
0%CURRENT US$
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2022
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GDP PC
$53,758CURRENT US$
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2012-2022
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GDP PC GROWTH
21.1%CURRENT US$
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About

Somalia-United Arab Emirates Trade: In 2022, Somalia exported $283M to United Arab Emirates. The main products that Somalia exported to United Arab Emirates were Gold ($246M), Crustaceans ($20.8M), and Sheep and Goats ($9.48M). Over the past 5 years the exports of Somalia to United Arab Emirates have increased at an annualized rate of 17.6%, from $126M in 2017 to $283M in 2022.

In 2022, Somalia did not export any services to United Arab Emirates.

United Arab Emirates-Somalia Trade: In 2022, United Arab Emirates exported $1.88B to Somalia. The main products that United Arab Emirates exported to Somalia were Rolled Tobacco ($480M), Broadcasting Equipment ($165M), and Concentrated Milk ($126M). Over the past 5 years the exports of United Arab Emirates to Somalia have increased at an annualized rate of 24%,  from $643M in 2017 to $1.88B in 2022.

In 2022, United Arab Emirates 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, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $283M to United Arab Emirates. The main products exported from Somalia to United Arab Emirates were Gold ($246M), Crustaceans ($20.8M), and Sheep and Goats ($9.48M). During the last 5 years the exports of Somalia to United Arab Emirates have increased at an annualized rate of 17.6%, from $126M in 2017 to $283M in 2022.

In 2017, United Arab Emirates exported $1.88B to Somalia. The main products exported from United Arab Emirates to Somalia were Rolled Tobacco ($480M), Broadcasting Equipment ($165M), and Concentrated Milk ($126M). During the last 5 years the exports of United Arab Emirates to Somalia have increased at an annualized rate of 24%, from $643M in 2022 to $1.88B in 2017.

Exports from Somalia (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Somalia (Flag) (2022)

Latest Data

Trade between Somalia (Flag) and United Arab Emirates (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$283M
United Arab Emirates
Top Destination
India$51B

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

In 2022, no countries were registered that imported more from Somalia than from United Arab Emirates.

In 2022, countries that imported more from United Arab Emirates than Somalia included India ($51B), Japan ($40.9B), and China ($32.5B).

Difference in imports from United Arab Emirates (Flag) and Somalia (Flag) (2022)

Comparative Advantage Somalia - United Arab Emirates

Flow
Scale

This chart compares trade between Somalia and United Arab Emirates by product, considering products traded by both, Somalia and United Arab Emirates.

During 2022, Somalia had a large net trade with United Arab Emirates in the exports of Precious Metals ($246M), Animal Products ($33.6M), and Vegetable Products ($2.58M).

During 2017, United Arab Emirates had a large net trade with Somalia in the exports of Foodstuffs ($600M), Machines ($365M), and Animal Products ($149M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia United Arab Emirates+$22.6MGold
Top Product Potential United Arab Emirates Somalia+$836kPackaged Medicaments

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

Product Space of Somalia (Flag) and United Arab Emirates (Flag) (2022)

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