2022
Flag  
GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP
$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH
73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC 
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC
$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 55 / 186

About

Somalia-Rwanda Trade: In 2022, Somalia exported $36 to Rwanda. The main products that Somalia exported to Rwanda were Air Pumps ($36). Over the past 12 years the exports of Somalia to Rwanda have increased at an annualized rate of 14.6%, from $7 in 2010 to $36 in 2022.

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

Rwanda-Somalia Trade: In 2022, Rwanda exported $866k to Somalia. The main products that Rwanda exported to Somalia were Concentrated Milk ($350k), Other Edible Preparations ($258k), and Milk ($144k). Over the past 12 years the exports of Rwanda to Somalia have increased at an annualized rate of 27.3%,  from $204k in 2010 to $866k in 2022.

In 2022, Rwanda 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, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $36 to Rwanda. The main products exported from Somalia to Rwanda were Air Pumps ($36). During the last 12 years the exports of Somalia to Rwanda have increased at an annualized rate of 14.6%, from $7 in 2010 to $36 in 2022.

In 2017, Rwanda exported $866k to Somalia. The main products exported from Rwanda to Somalia were Concentrated Milk ($350k), Other Edible Preparations ($258k), and Milk ($144k). During the last 5 years the exports of Rwanda to Somalia have increased at an annualized rate of 27.3%, from $204k in 2022 to $866k in 2017.

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

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

Latest Data

Trade between Somalia (Flag) and Rwanda (Flag)

Rwanda Exports

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$283M
Rwanda
Top Destination
United Arab Emirates$568M

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

In 2022, countries that imported more from Somalia than Rwanda included Oman ($173M), Bulgaria ($18.5M), and Kuwait ($13.5M).

In 2022, countries that imported more from Rwanda than Somalia included Democratic Republic of the Congo ($450M), United Arab Emirates ($568M), and Thailand ($83.9M).

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

Comparative Advantage Somalia - Rwanda

Flow
Scale

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

During 2022, Somalia had a large net trade with Rwanda in the exports of Machines ($36).

During 2017, Rwanda had a large net trade with Somalia in the exports of Animal Products ($494k), Foodstuffs ($279k), and Vegetable Products ($93k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Rwanda+$1.76kGold
Top Product Potential Rwanda Somalia+$1.37kOther Vegetables

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

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

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