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2023
Flag → Flag
Exports $424MRnk 79 / 216
2023
Flag → Flag
Top Product $142MPasta
2023
Flag → Flag
Exports $1.02MRnk 22 / 92
2023
Flag → Flag
Top Product $278kOther Oily Seeds
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag  
GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 195
2023
Flag
 GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC $13,106CURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 195
2023
Flag
GDP PC$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $424M in 2023.

In 2018, 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 2023 to $1.02M in 2018.

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

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

Latest Data

Trade between Turkey (Flag) and Somalia (Flag)

Turkey Exports

Market Competitiveness

Color
Turkey
Top DestinationGermany$24.7B
Somalia
Top DestinationUnited Arab Emirates$360M

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

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

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

Comparative Advantage Turkey - Somalia

Flow
Scale

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

During 2023, Turkey had a large net trade with Somalia in the exports of Foodstuffs ($157M), Vegetable Products ($97.5M), and Metals ($42.5M).

During 2018, Somalia had a large net trade with Turkey in the exports of Vegetable Products ($572k), Animal Products ($181k), and Foodstuffs ($105k).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

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

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