Somalia-Singapore Trade: In 2022, Somalia exported $51.2k to Singapore. The main products that Somalia exported to Singapore were Processed Crustaceans ($11.9k), Transmissions ($8.65k), and Essential Oils ($6.64k). Over the past 5 years the exports of Somalia to Singapore have decreased at an annualized rate of 12.8%, from $102k in 2017 to $51.2k in 2022.
In 2022, Somalia did not export any services to Singapore.
Singapore-Somalia Trade: In 2022, Singapore exported $4.9M to Somalia. The main products that Singapore exported to Somalia were Palm Oil ($3.25M), Industrial Fatty Acids, Oils and Alcohols ($558k), and Malt Extract ($310k). Over the past 5 years the exports of Singapore to Somalia have increased at an annualized rate of 44.6%, from $776k in 2017 to $4.9M in 2022.
In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).