2022
Flag  
GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
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GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
Flag
GDP PC 
$462CURRENT US$
Rnk 183 / 186
2012-2022
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GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186
2022
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GDP PC
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186

About

Somalia-Ethiopia Trade: In 2022, Somalia exported $9.04k to Ethiopia. The main products that Somalia exported to Ethiopia were Oscilloscopes ($3.27k), Processed Crustaceans ($2.12k), and Seats ($1.46k). Over the past 5 years the exports of Somalia to Ethiopia have decreased at an annualized rate of 65.5%, from $1.84M in 2017 to $9.04k in 2022.

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

Ethiopia-Somalia Trade: In 2022, Ethiopia exported $265M to Somalia. The main products that Ethiopia exported to Somalia were Other Vegetables ($187M), Cassava ($36.3M), and Potatoes ($17.1M). Over the past 5 years the exports of Ethiopia to Somalia have increased at an annualized rate of 100%,  from $8.28M in 2017 to $265M in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Latest Data

Trade between Somalia (Flag) and Ethiopia (Flag)

Ethiopia Exports

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$283M
Ethiopia
Top Destination
United Arab Emirates$723M

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

In 2022, countries that imported more from Somalia than Ethiopia included Oman ($173M), Bulgaria ($18.5M), and Bahrain ($9M).

In 2022, countries that imported more from Ethiopia than Somalia included United States ($557M), United Arab Emirates ($723M), and Germany ($274M).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Ethiopia+$3.62kOther Furniture
Top Product Potential Ethiopia Somalia+$177kSynthetic Filament Yarn Woven Fabric

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

Product Space of Somalia (Flag) and Ethiopia (Flag) (NaN)

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