Somalia (SOM) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Somalia-Norway Trade: In 2022, Somalia exported $31.9k to Norway. The main products that Somalia exported to Norway were Other Oily Seeds ($27.3k), Shaving Products ($1.55k), and Tea ($1.08k). Over the past 5 years the exports of Somalia to Norway have increased at an annualized rate of 27.9%, from $9.33k in 2017 to $31.9k in 2022.

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

Norway-Somalia Trade: In 2022, Norway exported $278k to Somalia. The main products that Norway exported to Somalia were Medical Instruments ($92.1k), Cars ($42.9k), and Delivery Trucks ($38.1k). Over the past 5 years the exports of Norway to Somalia have decreased at an annualized rate of 45.8%, from $5.93M in 2017 to $278k in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Somalia exported $31.9k to Norway. The main products exported from Somalia to Norway were Other Oily Seeds ($27.3k), Shaving Products ($1.55k), and Tea ($1.08k). During the last 5 years the exports of Somalia to Norway have increased at an annualized rate of 27.9%, from $9.33k in 2017 to $31.9k in 2022.

In 2017, Norway exported $278k to Somalia. The main products exported from Norway to Somalia were Medical Instruments ($92.1k), Cars ($42.9k), and Delivery Trucks ($38.1k). During the last 5 years the exports of Norway to Somalia have decreased at an annualized rate of 45.8%, from $5.93M in 2022 to $278k in 2017.

Exports from Somalia () to Norway () (2022)

Exports from Norway () to Somalia () (2022)

Latest Data

Trade between Somalia () and Norway ()

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationUnited Arab Emirates$283M

Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Somalia than Norway included Oman ($173M).

In 2022, countries that imported more from Norway than Somalia included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Somalia - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Somalia had a large net trade with Norway in the exports of Vegetable Products ($30.1k), Chemical Products ($1.55k), and Machines ($293).

During 2017, Norway had a large net trade with Somalia in the exports of Instruments ($97.8k), Transportation ($89.6k), and Machines ($59k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Somalia Norway+$33.4kOther Oily Seeds

Top Product Potential Norway Somalia+$78.3kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Somalia () to Norway () (2022)

Exports from Norway () to Somalia () (2022)

Latest Data

Trade between Somalia () and Norway ()

Norway Exports

Market Competitiveness

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

Comparative Advantage Somalia - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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