Somalia (SOM) and Turkey (TUR) Trade | The Observatory of Economic Complexity

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Somalia-Turkey Trade: In 2023, Somalia exported $1.02M to Turkey. The main products that Somalia exported to Turkey were Other Oily Seeds ($278k), Insect Resins ($274k), and Cheese ($109k). Over the past 5 years the exports of Somalia to Turkey have decreased at an annualized rate of 31.2%, from $6.63M in 2018 to $1.02M in 2023.

In 2023, Somalia did not export any services to Turkey.

Turkey-Somalia Trade: In 2023, Turkey exported $424M to Somalia. The main products that Turkey exported to Somalia were Pasta ($142M), Wheat Flours ($95.3M), and Raw Iron Bars ($31.8M). Over the past 5 years the exports of Turkey to Somalia have increased at an annualized rate of 18.3%, from $183M in 2018 to $424M in 2023.

In 2023, Turkey did not export any services to Somalia.

Comparison In 2023, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index. That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Somalia exported $1.02M to Turkey. The main products exported from Somalia to Turkey were Other Oily Seeds ($278k), Insect Resins ($274k), and Cheese ($109k). During the last 5 years the exports of Somalia to Turkey have decreased at an annualized rate of 31.2%, from $6.63M in 2018 to $1.02M in 2023.

In 2018, Turkey exported $424M to Somalia. The main products exported from Turkey to Somalia were Pasta ($142M), Wheat Flours ($95.3M), and Raw Iron Bars ($31.8M). During the last 5 years the exports of Turkey to Somalia have increased at an annualized rate of 18.3%, from $183M in 2023 to $424M in 2018.

Exports from Somalia () to Turkey () (2023)

Exports from Turkey () to Somalia () (2023)

Latest Data

Trade between Somalia () and Turkey ()

Turkey Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationUnited Arab Emirates$360M

Turkey
Top DestinationGermany$24.7B

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

In 2023, no countries were registered that imported more from Somalia than from Turkey.

In 2023, countries that imported more from Turkey than Somalia included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

Difference in imports from Turkey () and Somalia () (2023)

Comparative Advantage Somalia - Turkey

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Somalia had a large net trade with Turkey in the exports of Vegetable Products ($572k), Animal Products ($181k), and Foodstuffs ($105k).

During 2018, Turkey had a large net trade with Somalia in the exports of Foodstuffs ($157M), Vegetable Products ($97.5M), and Metals ($42.5M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Somalia Turkey+$765kOther Oily Seeds

Top Product Potential Turkey Somalia+$1.73MRefined Petroleum

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

Year

This visualization shows the product space at the HS4 level with the flags of Somalia and Turkey. This means that a dot/product with the flag of Somalia indicates it has a comparative advantage over Turkey. Similarly, a dot/product with the flag of Turkey indicates it has a comparative advantage over Somalia.

About

Historical Data

Bilateral Trade by Products

Exports from Somalia () to Turkey () (2023)

Exports from Turkey () to Somalia () (2023)

Latest Data

Trade between Somalia () and Turkey ()

Turkey Exports

Market Competitiveness

Difference in imports from Turkey () and Somalia () (2023)

Comparative Advantage Somalia - Turkey

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Somalia () and Turkey () (2023)

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