2022
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GDP
$8.13BCURRENT US$
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GDP GROWTH
0%CURRENT US$
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$18TCURRENT US$
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111%CURRENT US$
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GDP PC 
$462CURRENT US$
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0%CURRENT US$
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GDP PC
$12,720CURRENT US$
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102%CURRENT US$
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About

Somalia-China In 2022, Somalia exported $7.02M to China. The main products that Somalia exported to China are Molluscs ($3.54M), Insect Resins ($2.49M), and Non-fillet Frozen Fish ($275k). During the last 27 years the exports of Somalia to China have increased at an annualized rate of 6.59%, from $1.26M in 1995 to $7.02M in 2022.

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

China-Somalia In 2022, China exported $1.05B to Somalia. The main products that China exported to Somalia were Woven Fabric of Synthetic Staple Fibers ($124M), Coated Flat-Rolled Iron ($94.2M), and Rubber Tires ($44.1M). During the last 27 years the exports of China to Somalia have increased at an annualized rate of 35.1%, from $312k in 1995 to $1.05B in 2022.

In 2022, China 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, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $7.02M to China. The main products exported from Somalia to China were Molluscs ($3.54M), Insect Resins ($2.49M), and Non-fillet Frozen Fish ($275k). During the last 27 years the exports of Somalia to China have increased at an annualized rate of 6.59%, from $1.26M in 1995 to $7.02M in 2022.

In 2022, China exported $1.05B to Somalia. The main products exported from China to Somalia were Woven Fabric of Synthetic Staple Fibers ($124M), Coated Flat-Rolled Iron ($94.2M), and Rubber Tires ($44.1M). During the last 27 years the exports of China to Somalia have increased at an annualized rate of 35.1%, from $312k in 1995 to $1.05B in 2022.

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

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

Latest Data

Trade between Somalia (Flag) and China (Flag)

China Exports

Market Competitiveness

Color
Somalia
Top Destination
N/AN/A
China
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Somalia - China

Flow
Scale

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

During 2022, Somalia had a large net trade with China in the exports of Animal Products ($3.82M), Vegetable Products ($2.49M), and Mineral Products ($284k).

During 2022, China had a large net trade with Somalia in the exports of Metals ($260M), Textiles ($257M), and Machines ($148M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Somalia has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Somalia.

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

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