2022
Flag  
GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Somalia-Germany Trade: In 2022, Somalia exported $3.85M to Germany. The main products that Somalia exported to Germany were Insect Resins ($2.1M), Other Oily Seeds ($1.42M), and Essential Oils ($186k). Over the past 5 years the exports of Somalia to Germany have increased at an annualized rate of 23.6%, from $1.33M in 2017 to $3.85M in 2022.

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

Germany-Somalia Trade: In 2022, Germany exported $17.8M to Somalia. The main products that Germany exported to Somalia were Sawn Wood ($9.38M), Used Clothing ($1.25M), and Cars ($638k). Over the past 5 years the exports of Germany to Somalia have increased at an annualized rate of 3.31%,  from $15.1M in 2017 to $17.8M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $3.85M to Germany. The main products exported from Somalia to Germany were Insect Resins ($2.1M), Other Oily Seeds ($1.42M), and Essential Oils ($186k). During the last 5 years the exports of Somalia to Germany have increased at an annualized rate of 23.6%, from $1.33M in 2017 to $3.85M in 2022.

In 2017, Germany exported $17.8M to Somalia. The main products exported from Germany to Somalia were Sawn Wood ($9.38M), Used Clothing ($1.25M), and Cars ($638k). During the last 5 years the exports of Germany to Somalia have increased at an annualized rate of 3.31%, from $15.1M in 2022 to $17.8M in 2017.

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

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

Latest Data

Trade between Somalia (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$283M
Germany
Top Destination
United States$153B

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

In 2022, no countries were registered that imported more from Somalia than from Germany.

In 2022, countries that imported more from Germany than Somalia included United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Somalia - Germany

Flow
Scale

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

During 2022, Somalia had a large net trade with Germany in the exports of Vegetable Products ($3.56M), Chemical Products ($187k), and Paper Goods ($33.1k).

During 2017, Germany had a large net trade with Somalia in the exports of Wood Products ($9.38M), Machines ($2.26M), and Transportation ($1.37M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Germany+$848kOther Oily Seeds
Top Product Potential Germany Somalia+$2.19MCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Somalia and Germany. This means that a dot/product with the flag of Somalia indicates it has a comparative advantage over Germany. Similarly, a dot/product with the flag of Germany indicates it has a comparative advantage over Somalia.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with