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Pricing

undefined
Flag → Flag
Exports $554kRnk 87 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 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$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

In N/A, Somalia did not export any services to Vietnam.

Vietnam-Somalia Trade: In N/A, Vietnam exported $554k to Somalia. The main products that Vietnam exported to Somalia were N/A. Over the past N/A years the exports of Vietnam to Somalia have increased at an annualized rate of 42.8%,  from $32.1k in N/A to $554k in N/A.

In N/A, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

Somalia does not register exports to Vietnam.

In 2002, Vietnam exported $554k to Somalia. There were not main exports from Vietnam to Somalia in 2002. During the last 5 years the exports of Vietnam to Somalia have increased at an annualized rate of 42.8%, from $32.1k in 2007 to $554k in 2002.

Exports from Somalia (Flag) to Vietnam (Flag) (2007)

Exports from Vietnam (Flag) to Somalia (Flag) (2007)

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Somalia than Vietnam included Oman ($173M).

In 2022, countries that imported more from Vietnam than Somalia included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Somalia - Vietnam

Flow
Scale

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

During 2002, Vietnam had a large net trade with Somalia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Vietnam+$3.6kGold
Top Product Potential Vietnam Somalia+$5.78kTelephones

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

Product Space of Somalia (Flag) and Vietnam (Flag) (2007)

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