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Pricing

undefined
Flag → Flag
Top Product $849Used Clothing
undefined
Flag → Flag
Exports $147Rnk 94 / 0
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH88.1%CURRENT US$
Rnk 21 / 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$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH68.3%CURRENT US$
Rnk 18 / 186

About

In N/A, Somalia did not export any services to Nepal.

Nepal-Somalia Trade: In N/A, Nepal exported $147 to Somalia. The main products that Nepal exported to Somalia were N/A. Over the past N/A years the exports of Nepal to Somalia have decreased at an annualized rate of 0.16%,  from $150 in N/A to $147 in N/A.

In N/A, Nepal did not export any services to Somalia.

Comparison In 2022,  Somalia ranked 167 in total exports ($569M). That same year, Nepal ranked 153 in total exports ($1.43B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Somalia does not register exports to Nepal. The main products exported from Somalia to Nepal were Used Clothing ($849), Non-Knit Women's Suits ($82), and Other Ceramic Articles ($75).

In 2016, Nepal exported $147 to Somalia. There were not main exports from Nepal to Somalia in 2016. During the last 5 years the exports of Nepal to Somalia have decreased at an annualized rate of 0.16%, from $150 in 2021 to $147 in 2016.

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

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

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Nepal
Top DestinationIndia$956M

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

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

In 2022, countries that imported more from Nepal than Somalia included India ($956M), United States ($152M), and Germany ($43M).

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

Comparative Advantage Somalia - Nepal

Flow
Scale

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

During 2016, Nepal had a large net trade with Somalia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Nepal+$3.42kGold
Top Product Potential Nepal Somalia+$2.36kPalm 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 Nepal. This means that a dot/product with the flag of Somalia indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over Somalia.

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

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