Somalia (SOM) and Namibia (NAM) Trade | The Observatory of Economic Complexity

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Somalia-Namibia Trade: In 2022, Somalia exported $40.6k to Namibia. The main products that Somalia exported to Namibia were Hard Liquor ($34.7k), Rubber Belting ($5.72k), and Knit T-shirts ($113). Over the past 21 years the exports of Somalia to Namibia have increased at an annualized rate of 41.4%, from $28 in 2001 to $40.6k in 2022.

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

Namibia-Somalia Trade: In 2022, Namibia exported $1 to Somalia. The main products that Namibia exported to Somalia were Flavored Water ($1). Over the past 21 years the exports of Namibia to Somalia have decreased at an annualized rate of 73.6%, from $782 in 2001 to $1 in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Somalia exported $40.6k to Namibia. The main products exported from Somalia to Namibia were Hard Liquor ($34.7k), Rubber Belting ($5.72k), and Knit T-shirts ($113). During the last 21 years the exports of Somalia to Namibia have increased at an annualized rate of 41.4%, from $28 in 2001 to $40.6k in 2022.

In 2017, Namibia exported $1 to Somalia. The main products exported from Namibia to Somalia were Flavored Water ($1). During the last 5 years the exports of Namibia to Somalia have decreased at an annualized rate of 73.6%, from $782 in 2022 to $1 in 2017.

Exports from Somalia () to Namibia () (2022)

Exports from Namibia () to Somalia () (2022)

Latest Data

Trade between Somalia () and Namibia ()

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationUnited Arab Emirates$283M

Namibia
Top DestinationSouth Africa$1.75B

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

In 2022, countries that imported more from Somalia than Namibia included Oman ($173M), United Arab Emirates ($283M), and Bulgaria ($18.5M).

In 2022, countries that imported more from Namibia than Somalia included South Africa ($1.75B), Botswana ($672M), and China ($628M).

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

Comparative Advantage Somalia - Namibia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Somalia had a large net trade with Namibia in the exports of Foodstuffs ($34.7k), Plastics and Rubbers ($5.72k), and Textiles ($152).

During 2017, Namibia had a large net trade with Somalia in the exports of Foodstuffs ($1).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Somalia Namibia+$1.17kCrustaceans

Top Product Potential Namibia Somalia+$2.08kRefined Petroleum

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

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Historical Data

Bilateral Trade by Products

Exports from Somalia () to Namibia () (2022)

Exports from Namibia () to Somalia () (2022)

Latest Data

Trade between Somalia () and Namibia ()

Namibia Exports

Market Competitiveness

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

Comparative Advantage Somalia - Namibia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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