Somalia (SOM) and Indonesia (IDN) Trade | The Observatory of Economic Complexity

About

Somalia-Indonesia Trade: In 2023, Somalia exported $68.8k to Indonesia. The main products that Somalia exported to Indonesia were Sheep Hides ($68.1k), Engine Parts ($487), and Light Rubberized Knitted Fabric ($129). Over the past 5 years the exports of Somalia to Indonesia have increased at an annualized rate of 167%, from $503 in 2018 to $68.8k in 2023.

In 2023, Somalia did not export any services to Indonesia.

Indonesia-Somalia Trade: In 2023, Indonesia exported $97.1M to Somalia. The main products that Indonesia exported to Somalia were Palm Oil ($32.8M), Non-Knit Active Wear ($15.5M), and Synthetic Filament Yarn Woven Fabric ($7.57M). Over the past 5 years the exports of Indonesia to Somalia have increased at an annualized rate of 7.34%, from $68.1M in 2018 to $97.1M in 2023.

In 2023, Indonesia did not export any services to Somalia.

Comparison In 2023, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index. That same year, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Somalia exported $68.8k to Indonesia. The main products exported from Somalia to Indonesia were Sheep Hides ($68.1k), Engine Parts ($487), and Light Rubberized Knitted Fabric ($129). During the last 5 years the exports of Somalia to Indonesia have increased at an annualized rate of 167%, from $503 in 2018 to $68.8k in 2023.

In 2018, Indonesia exported $97.1M to Somalia. The main products exported from Indonesia to Somalia were Palm Oil ($32.8M), Non-Knit Active Wear ($15.5M), and Synthetic Filament Yarn Woven Fabric ($7.57M). During the last 5 years the exports of Indonesia to Somalia have increased at an annualized rate of 7.34%, from $68.1M in 2023 to $97.1M in 2018.

Exports from Somalia () to Indonesia () (2023)

Exports from Indonesia () to Somalia () (2023)

Latest Data

Trade between Somalia () and Indonesia ()

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationUnited Arab Emirates$360M

Indonesia
Top DestinationChina$70.7B

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.

In 2023, no countries were registered that imported more from Somalia than from Indonesia.

In 2023, countries that imported more from Indonesia than Somalia included China ($70.7B), United States ($27.9B), and India ($24B).

Difference in imports from Indonesia () and Somalia () (2023)

Comparative Advantage Somalia - Indonesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Somalia had a large net trade with Indonesia in the exports of Animal Hides ($68.1k), Machines ($487), and Textiles ($164).

During 2018, Indonesia had a large net trade with Somalia in the exports of Animal and Vegetable Bi-Products ($32.8M), Textiles ($32.5M), and Chemical Products ($8.85M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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.

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Somalia () to Indonesia () (2023)

Exports from Indonesia () to Somalia () (2023)

Latest Data

Trade between Somalia () and Indonesia ()

Indonesia Exports

Market Competitiveness

Difference in imports from Indonesia () and Somalia () (2023)

Comparative Advantage Somalia - Indonesia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Somalia () and Indonesia () (2023)

Keep Exploring