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Pricing

2022
Flag → Flag
Exports $51.5kRnk 48 / 95
2022
Flag → Flag
Top Product $36kSheep Hides
2022
Flag → Flag
Exports $101MRnk 98 / 216
2022
Flag → Flag
Top Product $41.1MPalm Oil
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
GDP PC $462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Somalia-Indonesia Trade: In 2022, Somalia exported $51.5k to Indonesia. The main products that Somalia exported to Indonesia were Sheep Hides ($36k), Equine and Bovine Hides ($10.6k), and Liquid Pumps ($1.79k). Over the past 7 years the exports of Somalia to Indonesia have decreased at an annualized rate of 15.7%, from $171k in 2015 to $51.5k in 2022.

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

Indonesia-Somalia Trade: In 2022, Indonesia exported $101M to Somalia. The main products that Indonesia exported to Somalia were Palm Oil ($41.1M), Non-Knit Active Wear ($10.6M), and Plastic Lids ($8.65M). Over the past 7 years the exports of Indonesia to Somalia have increased at an annualized rate of 5.95%,  from $75.5M in 2015 to $101M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $51.5k to Indonesia. The main products exported from Somalia to Indonesia were Sheep Hides ($36k), Equine and Bovine Hides ($10.6k), and Liquid Pumps ($1.79k). During the last 7 years the exports of Somalia to Indonesia have decreased at an annualized rate of 15.7%, from $171k in 2015 to $51.5k in 2022.

In 2017, Indonesia exported $101M to Somalia. The main products exported from Indonesia to Somalia were Palm Oil ($41.1M), Non-Knit Active Wear ($10.6M), and Plastic Lids ($8.65M). During the last 5 years the exports of Indonesia to Somalia have increased at an annualized rate of 5.95%, from $75.5M in 2022 to $101M in 2017.

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

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

Latest Data

Trade between Somalia (Flag) and Indonesia (Flag)

Indonesia Exports

Market Competitiveness

Color
Somalia
Top DestinationN/AN/A
Indonesia
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage Somalia - Indonesia

Flow
Scale

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

During 2022, Somalia had a large net trade with Indonesia in the exports of Animal Hides ($46.5k), Machines ($4.15k), and Vegetable Products ($521).

During 2017, Indonesia had a large net trade with Somalia in the exports of Animal and Vegetable Bi-Products ($41.1M), Textiles ($28.4M), and Plastics and Rubbers ($9.37M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Indonesia+$22.5kEquine and Bovine Hides
Top Product Potential Indonesia Somalia+$9.32MPalm Oil

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

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

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