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Pricing

2022
Flag → Flag
Exports $701kRnk 28 / 95
2022
Flag → Flag
Top Product $233kGas Turbines
2022
Flag → Flag
Exports $27.6MRnk 89 / 191
2022
Flag → Flag
Top Product $22.6MWheat
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 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$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Somalia-Ukraine Trade: In 2022, Somalia exported $701k to Ukraine. The main products that Somalia exported to Ukraine were Gas Turbines ($233k), Other Oily Seeds ($215k), and Transmissions ($94.5k). Over the past 5 years the exports of Somalia to Ukraine have increased at an annualized rate of 28.3%, from $202k in 2017 to $701k in 2022.

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

Ukraine-Somalia Trade: In 2022, Ukraine exported $27.6M to Somalia. The main products that Ukraine exported to Somalia were Wheat ($22.6M), Poultry Meat ($1.46M), and Dried Legumes ($1.05M). Over the past 5 years the exports of Ukraine to Somalia have decreased at an annualized rate of 0.96%,  from $28.9M in 2017 to $27.6M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $701k to Ukraine. The main products exported from Somalia to Ukraine were Gas Turbines ($233k), Other Oily Seeds ($215k), and Transmissions ($94.5k). During the last 5 years the exports of Somalia to Ukraine have increased at an annualized rate of 28.3%, from $202k in 2017 to $701k in 2022.

In 2017, Ukraine exported $27.6M to Somalia. The main products exported from Ukraine to Somalia were Wheat ($22.6M), Poultry Meat ($1.46M), and Dried Legumes ($1.05M). During the last 5 years the exports of Ukraine to Somalia have decreased at an annualized rate of 0.96%, from $28.9M in 2022 to $27.6M in 2017.

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

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

Latest Data

Trade between Somalia (Flag) and Ukraine (Flag)

Ukraine Exports

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Ukraine
Top DestinationPoland$6.7B

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

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

In 2022, countries that imported more from Ukraine than Somalia included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Somalia - Ukraine

Flow
Scale

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

During 2022, Somalia had a large net trade with Ukraine in the exports of Machines ($387k), Vegetable Products ($215k), and Transportation ($51.9k).

During 2017, Ukraine had a large net trade with Somalia in the exports of Vegetable Products ($24.3M), Animal Products ($1.56M), and Animal and Vegetable Bi-Products ($591k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Ukraine+$2.35kGold
Top Product Potential Ukraine Somalia+$2.57kRolled Tobacco

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

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

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