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Pricing

2022
Flag → Flag
Exports $1.69MRnk 15 / 95
2022
Flag → Flag
Top Product $1.16MOther Hides and Skins
2022
Flag → Flag
Exports $85.4MRnk 54 / 199
2022
Flag → Flag
Top Product $53.2MRice
2022
Flag
Economic Complexity (ECI) ECI -0.45Rnk 84 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH67.8%CURRENT US$
Rnk 31 / 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$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH43.9%CURRENT US$
Rnk 43 / 186

About

Somalia-Pakistan Trade: In 2022, Somalia exported $1.69M to Pakistan. The main products that Somalia exported to Pakistan were Other Hides and Skins ($1.16M), Scrap Iron ($314k), and Tanned Goat Hides ($113k). Over the past 5 years the exports of Somalia to Pakistan have decreased at an annualized rate of 24.6%, from $6.94M in 2017 to $1.69M in 2022.

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

Pakistan-Somalia Trade: In 2022, Pakistan exported $85.4M to Somalia. The main products that Pakistan exported to Somalia were Rice ($53.2M), Cement ($9.35M), and Confectionery Sugar ($5.04M). Over the past 5 years the exports of Pakistan to Somalia have increased at an annualized rate of 14.9%,  from $42.6M in 2017 to $85.4M in 2022.

In 2022, Pakistan 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, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $1.69M to Pakistan. The main products exported from Somalia to Pakistan were Other Hides and Skins ($1.16M), Scrap Iron ($314k), and Tanned Goat Hides ($113k). During the last 5 years the exports of Somalia to Pakistan have decreased at an annualized rate of 24.6%, from $6.94M in 2017 to $1.69M in 2022.

In 2017, Pakistan exported $85.4M to Somalia. The main products exported from Pakistan to Somalia were Rice ($53.2M), Cement ($9.35M), and Confectionery Sugar ($5.04M). During the last 5 years the exports of Pakistan to Somalia have increased at an annualized rate of 14.9%, from $42.6M in 2022 to $85.4M in 2017.

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

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

Latest Data

Trade between Somalia (Flag) and Pakistan (Flag)

Pakistan Exports

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Pakistan
Top DestinationUnited States$6.47B

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

In 2022, countries that imported more from Somalia than Pakistan included Macau ($2.24M).

In 2022, countries that imported more from Pakistan than Somalia included United States ($6.47B), Germany ($2.8B), and China ($2.79B).

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

Comparative Advantage Somalia - Pakistan

Flow
Scale

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

During 2022, Somalia had a large net trade with Pakistan in the exports of Animal Hides ($1.36M), Metals ($331k), and Machines ($353).

During 2017, Pakistan had a large net trade with Somalia in the exports of Vegetable Products ($55M), Mineral Products ($9.35M), and Foodstuffs ($9.26M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Pakistan+$679kScrap Iron
Top Product Potential Pakistan Somalia+$735kPackaged Medicaments

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

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

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