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

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Turkey-Somalia Trade: In 2022, Turkey exported $145M to Somalia. The main products that Turkey exported to Somalia were Pasta ($94.9M), Wheat Flours ($56.8M), and Raw Iron Bars ($52M). Over the past 5 years the exports of Turkey to Somalia have increased at an annualized rate of 177%, from $897k in 2017 to $145M in 2022.

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

Somalia-Turkey Trade: In 2022, Somalia exported $1.21M to Turkey. The main products that Somalia exported to Turkey were Other Oily Seeds ($1.46M), Insect Resins ($575k), and Tanned Equine and Bovine Hides ($281k). Over the past 5 years the exports of Somalia to Turkey have increased at an annualized rate of 9.85%, from $759k in 2017 to $1.21M in 2022.

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

Comparison In 2022, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B). That same year, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkey exported $145M to Somalia. The main products exported from Turkey to Somalia were Pasta ($94.9M), Wheat Flours ($56.8M), and Raw Iron Bars ($52M). During the last 5 years the exports of Turkey to Somalia have increased at an annualized rate of 177%, from $897k in 2017 to $145M in 2022.

In 2017, Somalia exported $1.21M to Turkey. The main products exported from Somalia to Turkey were Other Oily Seeds ($1.46M), Insect Resins ($575k), and Tanned Equine and Bovine Hides ($281k). During the last 22 years the exports of Somalia to Turkey have increased at an annualized rate of 9.85%, from $759k in 1995 to $1.21M in 2017.

Exports from Turkey () to Somalia () (2022)

Exports from Somalia () to Turkey () (2022)

Latest Data

Trade between Turkey () and Somalia ()

Turkey Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkey
Top DestinationGermany$21.9B

Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from Turkey than Somalia included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2022, no countries were registered that imported more from Somalia than from Turkey.

Difference in imports from Somalia () and Turkey () (2022)

Comparative Advantage Turkey - Somalia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkey had a large net trade with Somalia in the exports of Foodstuffs ($112M), Metals ($66.6M), and Vegetable Products ($60.9M).

During 2017, Somalia had a large net trade with Turkey in the exports of Vegetable Products ($2.07M), Animal Hides ($353k), and Animal and Vegetable Bi-Products ($62.4k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Turkey Somalia+$1.73MRefined Petroleum

Top Product Potential Somalia Turkey+$765kOther Oily Seeds

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkey () to Somalia () (2022)

Exports from Somalia () to Turkey () (2022)

Latest Data

Trade between Turkey () and Somalia ()

Turkey Exports

Market Competitiveness

Difference in imports from Somalia () and Turkey () (2022)

Comparative Advantage Turkey - Somalia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Turkey () and Somalia () (2022)

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