Somalia (SOM) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Somalia-Brazil Trade: In 2023, Somalia exported $52.6k to Brazil. The main products that Somalia exported to Brazil were Insect Resins ($33.4k), Essential Oils ($12.2k), and Live Fish ($7.05k). Over the past 5 years the exports of Somalia to Brazil have increased at an annualized rate of 61.5%, from $4.79k in 2018 to $52.6k in 2023.

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

Brazil-Somalia Trade: In 2023, Brazil exported $175M to Somalia. The main products that Brazil exported to Somalia were Raw Sugar ($167M), Poultry Meat ($5.62M), and Confectionery Sugar ($1.39M). Over the past 5 years the exports of Brazil to Somalia have increased at an annualized rate of 6.04%, from $60.7M in 2018 to $175M in 2023.

In 2023, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Somalia exported $52.6k to Brazil. The main products exported from Somalia to Brazil were Insect Resins ($33.4k), Essential Oils ($12.2k), and Live Fish ($7.05k). During the last 5 years the exports of Somalia to Brazil have increased at an annualized rate of 61.5%, from $4.79k in 2018 to $52.6k in 2023.

In 2018, Brazil exported $175M to Somalia. The main products exported from Brazil to Somalia were Raw Sugar ($167M), Poultry Meat ($5.62M), and Confectionery Sugar ($1.39M). During the last 5 years the exports of Brazil to Somalia have increased at an annualized rate of 6.04%, from $60.7M in 2023 to $175M in 2018.

Exports from Somalia () to Brazil () (2023)

Exports from Brazil () to Somalia () (2023)

Latest Data

Trade between Somalia () and Brazil ()

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationUnited Arab Emirates$360M

Brazil
Top DestinationChina$106B

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

In 2023, no countries were registered that imported more from Somalia than from Brazil.

In 2023, countries that imported more from Brazil than Somalia included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Comparative Advantage Somalia - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Somalia had a large net trade with Brazil in the exports of Vegetable Products ($33.4k), Chemical Products ($12.2k), and Animal Products ($7.05k).

During 2018, Brazil had a large net trade with Somalia in the exports of Foodstuffs ($169M), Animal Products ($5.62M), and Wood Products ($45.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Somalia Brazil+$92.4kInsect Resins

Top Product Potential Brazil Somalia+$3.49MRaw Sugar

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

About

Historical Data

Bilateral Trade by Products

Exports from Somalia () to Brazil () (2023)

Exports from Brazil () to Somalia () (2023)

Latest Data

Trade between Somalia () and Brazil ()

Brazil Exports

Market Competitiveness

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

Comparative Advantage Somalia - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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