2022
Flag  
GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
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GDP GROWTH
0%CURRENT US$
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2022
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 GDP
$46.7BCURRENT US$
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2012-2022
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GDP GROWTH
-1.37%CURRENT US$
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2022
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GDP PC 
$462CURRENT US$
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2012-2022
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GDP PC GROWTH
0%CURRENT US$
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2022
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GDP PC
$3,777CURRENT US$
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2012-2022
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GDP PC GROWTH
-10.8%CURRENT US$
Rnk 164 / 186

About

Somalia-Tunisia Trade: In 2022, Somalia exported $4.48k to Tunisia. The main products that Somalia exported to Tunisia were Essential Oils ($4.48k). Over the past 5 years the exports of Somalia to Tunisia have increased at an annualized rate of 43.2%, from $743 in 2017 to $4.48k in 2022.

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

Tunisia-Somalia Trade: In 2022, Tunisia exported $128k to Somalia. The main products that Tunisia exported to Somalia were Pure Olive Oil ($65.1k) and Olive Oil ($62.7k). Over the past 5 years the exports of Tunisia to Somalia have decreased at an annualized rate of 3.3%,  from $156k in 2017 to $128k in 2022.

In 2022, Tunisia 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, Tunisia ranked 54 in the Economic Complexity Index (ECI 0.2), and 76 in total exports ($21.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $4.48k to Tunisia. The main products exported from Somalia to Tunisia were Essential Oils ($4.48k). During the last 5 years the exports of Somalia to Tunisia have increased at an annualized rate of 43.2%, from $743 in 2017 to $4.48k in 2022.

In 2017, Tunisia exported $128k to Somalia. The main products exported from Tunisia to Somalia were Pure Olive Oil ($65.1k) and Olive Oil ($62.7k). During the last 5 years the exports of Tunisia to Somalia have decreased at an annualized rate of 3.3%, from $156k in 2022 to $128k in 2017.

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

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

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$283M
Tunisia
Top Destination
France$4.8B

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

In 2022, countries that imported more from Somalia than Tunisia included Oman ($173M), United Arab Emirates ($283M), and Bahrain ($9M).

In 2022, countries that imported more from Tunisia than Somalia included France ($4.8B), Italy ($3.45B), and Germany ($3.01B).

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

Comparative Advantage Somalia - Tunisia

Flow
Scale

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

During 2022, Somalia had a large net trade with Tunisia in the exports of Chemical Products ($4.48k).

During 2017, Tunisia had a large net trade with Somalia in the exports of Animal and Vegetable Bi-Products ($128k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Tunisia+$2.25kGold
Top Product Potential Tunisia Somalia+$2.57kTelephones

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

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

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