Somalia (SOM) and China (CHN) Trade | The Observatory of Economic Complexity

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Somalia-China Trade: In 2022, Somalia exported $7.02M to China. The main products that Somalia exported to China were Molluscs ($3.54M), Insect Resins ($2.49M), and Non-fillet Frozen Fish ($275k). Over the past 5 years the exports of Somalia to China have decreased at an annualized rate of 9.51%, from $11.6M in 2017 to $7.02M in 2022.

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

China-Somalia Trade: 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). Over the past 5 years the exports of China to Somalia have increased at an annualized rate of 17.2%, from $473M in 2017 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 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 5 years the exports of Somalia to China have decreased at an annualized rate of 9.51%, from $11.6M in 2017 to $7.02M in 2022.

In 2017, 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 5 years the exports of China to Somalia have increased at an annualized rate of 17.2%, from $473M in 2022 to $1.05B in 2017.

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

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

Latest Data

Trade between Somalia () and China ()

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationN/AN/A

China
Top DestinationN/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

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

Comparative Advantage Somalia - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2017, China had a large net trade with Somalia in the exports of Metals ($260M), Textiles ($257M), and Machines ($148M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Somalia China+$2.9MMolluscs

Top Product Potential China Somalia+$31.7MTelephones

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Somalia () and China ()

China Exports

Market Competitiveness

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

Comparative Advantage Somalia - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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