2023
Flag  
GDP
$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 8 / 195
2023
Flag
 GDP
$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH
-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC 
$597CURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP PC GROWTH
51.9%CURRENT US$
Rnk 45 / 195
2023
Flag
GDP PC
$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH
-17.9%CURRENT US$
Rnk 178 / 195

About

Somalia-South Africa Trade: In 2023, Somalia exported $5.4k to South Africa. The main products that Somalia exported to South Africa were Insect Resins ($2.06k), Aircraft parts (gliders, balloons, and powered aircraft) ($1.29k), and Essential Oils ($753). Over the past 5 years the exports of Somalia to South Africa have decreased at an annualized rate of 42.3%, from $84.2k in 2018 to $5.4k in 2023.

In 2023, Somalia did not export any services to South Africa.

South Africa-Somalia Trade: In 2023, South Africa exported $13.4M to Somalia. The main products that South Africa exported to Somalia were Other Processed Fruits and Nuts ($4.94M), Apples and Pears ($1.25M), and Processed Fish ($851k). Over the past 5 years the exports of South Africa to Somalia have increased at an annualized rate of 0.62%,  from $13M in 2018 to $13.4M in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Somalia exported $5.4k to South Africa. The main products exported from Somalia to South Africa were Insect Resins ($2.06k), Aircraft parts (gliders, balloons, and powered aircraft) ($1.29k), and Essential Oils ($753). During the last 5 years the exports of Somalia to South Africa have decreased at an annualized rate of 42.3%, from $84.2k in 2018 to $5.4k in 2023.

In 2018, South Africa exported $13.4M to Somalia. The main products exported from South Africa to Somalia were Other Processed Fruits and Nuts ($4.94M), Apples and Pears ($1.25M), and Processed Fish ($851k). During the last 5 years the exports of South Africa to Somalia have increased at an annualized rate of 0.62%, from $13M in 2023 to $13.4M in 2018.

Exports from Somalia (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Somalia (Flag) (2023)

Latest Data

Trade between Somalia (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$360M
South Africa
Top Destination
China$29.5B

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

In 2023, countries that imported more from Somalia than South Africa included Oman ($180M), Djibouti ($84.2M), and Macau ($19.9M).

In 2023, countries that imported more from South Africa than Somalia included China ($29.5B), United States ($13B), and Germany ($10.8B).

Difference in imports from South Africa (Flag) and Somalia (Flag) (2023)

Comparative Advantage Somalia - South Africa

Flow
Scale

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

During 2023, Somalia had a large net trade with South Africa in the exports of Vegetable Products ($2.06k), Transportation ($1.57k), and Chemical Products ($933).

During 2018, South Africa had a large net trade with Somalia in the exports of Foodstuffs ($6.78M), Vegetable Products ($2.58M), and Chemical Products ($899k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia South Africa+$95.8kInsect Resins
Top Product Potential South Africa Somalia+$375kMotor vehicles; parts and accessories (8701 to 8705)

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

Product Space of Somalia (Flag) and South Africa (Flag) (2023)

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