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Pricing

2022
Flag → Flag
Exports $987kRnk 24 / 95
2022
Flag → Flag
Top Product $983kInsect Resins
2022
Flag → Flag
Exports $320kRnk 4 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 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$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Somalia-Argentina Trade: In 2022, Somalia exported $987k to Argentina. The main products that Somalia exported to Argentina were Insect Resins ($983k) and Motor vehicles; parts and accessories (8701 to 8705) ($4.07k). Over the past 5 years the exports of Somalia to Argentina have increased at an annualized rate of 151%, from $9.94k in 2017 to $987k in 2022.

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

Argentina-Somalia Trade: In 2022, Argentina exported $320k to Somalia. The main products that Argentina exported to Somalia were N/A. Over the past 5 years the exports of Argentina to Somalia have increased at an annualized rate of 49.9%,  from $42.3k in 2017 to $320k in 2022.

In 2022, Argentina 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, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $987k to Argentina. The main products exported from Somalia to Argentina were Insect Resins ($983k) and Motor vehicles; parts and accessories (8701 to 8705) ($4.07k). During the last 5 years the exports of Somalia to Argentina have increased at an annualized rate of 151%, from $9.94k in 2017 to $987k in 2022.

In 2012, Argentina exported $320k to Somalia. There were not main exports from Argentina to Somalia in 2012. During the last 5 years the exports of Argentina to Somalia have increased at an annualized rate of 49.9%, from $42.3k in 2017 to $320k in 2012.

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

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

Latest Data

Trade between Somalia (Flag) and Argentina (Flag)

Argentina Exports

Market Competitiveness

Color
Somalia
Top DestinationN/AN/A
Argentina
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage Somalia - Argentina

Flow
Scale

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

During 2022, Somalia had a large net trade with Argentina in the exports of Vegetable Products ($983k) and Transportation ($4.07k).

During 2012, Argentina had a large net trade with Somalia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Argentina+$1.54kGold
Top Product Potential Argentina Somalia+$2.67kCars

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

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

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