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Pricing

2019
Flag → Flag
Exports $5kRnk 152 / 0
2019
Flag → Flag
Exports $5.6kRnk 46 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.82Rnk 32 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH10.8%CURRENT US$
Rnk 144 / 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$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH13.7%CURRENT US$
Rnk 101 / 186

About

Somalia-Belarus Trade: In 2019, Somalia exported $5k to Belarus. The main products that Somalia exported to Belarus were N/A. Over the past 8 years the exports of Somalia to Belarus have decreased at an annualized rate of 7.08%, from $9k in 2011 to $5k in 2019.

In 2019, Somalia did not export any services to Belarus.

Belarus-Somalia Trade: In 2019, Belarus exported $5.6k to Somalia. The main products that Belarus exported to Somalia were N/A. Over the past 8 years the exports of Belarus to Somalia have decreased at an annualized rate of 46.5%,  from $128k in 2011 to $5.6k in 2019.

In 2014, Belarus exported services to Somalia worth $700, with Government services, n.i.e. ($700) being the largest in terms of value.

Comparison In 2022,  Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index. That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Somalia exported $5k to Belarus. There were not main exports from Somalia to Belarus in 2019. During the last 8 years the exports of Somalia to Belarus have decreased at an annualized rate of 7.08%, from $9k in 2011 to $5k in 2019.

In 2016, Belarus exported $5.6k to Somalia. There were not main exports from Belarus to Somalia in 2016. During the last 5 years the exports of Belarus to Somalia have decreased at an annualized rate of 46.5%, from $128k in 2021 to $5.6k in 2016.

Exports from Somalia (Flag) to Belarus (Flag) (2021)

Exports from Belarus (Flag) to Somalia (Flag) (2021)

Latest Data

Trade between Somalia (Flag) and Belarus (Flag)

Belarus Exports

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Belarus
Top DestinationChina$1.6B

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

In 2022, countries that imported more from Somalia than Belarus included United Arab Emirates ($283M), Oman ($173M), and Bahrain ($9M).

In 2022, countries that imported more from Belarus than Somalia included China ($1.6B), Ukraine ($1.29B), and Poland ($933M).

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

Comparative Advantage Somalia - Belarus

Flow
Scale

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

During 2019, Somalia had a large net trade with Belarus in the exports of .

During 2016, Belarus had a large net trade with Somalia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Belarus+$1.2kNon-fillet Frozen Fish
Top Product Potential Belarus Somalia+$1.98kConcentrated Milk

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

Product Space of Somalia (Flag) and Belarus (Flag) (2021)

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