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Pricing

2022
Flag → Flag
Exports $386MRnk 87 / 219
2022
Flag → Flag
Top Product $94.9MPasta
2022
Flag → Flag
Exports $2.5MRnk 13 / 95
2022
Flag → Flag
Top Product $1.46MOther Oily Seeds
2022
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Economic Complexity (ECI) ECI 0.59Rnk 39 / 124
2022
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GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
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 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
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GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
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GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186
2022
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GDP PC$462CURRENT US$
Rnk 183 / 186
2012-2022
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GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

Turkey-Somalia In 2022, Turkey exported $386M to Somalia. The main products that Turkey exported to Somalia are Pasta ($94.9M), Wheat Flours ($56.8M), and Raw Iron Bars ($52M). During the last 27 years the exports of Turkey to Somalia have increased at an annualized rate of 25.2%, from $897k in 1995 to $386M in 2022.

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

Somalia-Turkey In 2022, Somalia exported $2.5M 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). During the last 27 years the exports of Somalia to Turkey have increased at an annualized rate of 4.51%, from $759k in 1995 to $2.5M in 2022.

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

Comparison In 2022,  Turkey ranked 39 in the Economic Complexity Index (ECI 0.59),  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
Value

In 2022, Turkey exported $386M 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 27 years the exports of Turkey to Somalia have increased at an annualized rate of 25.2%, from $897k in 1995 to $386M in 2022.

In 2022, Somalia exported $2.5M 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 27 years the exports of Somalia to Turkey have increased at an annualized rate of 4.51%, from $759k in 1995 to $2.5M in 2022.

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

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

Latest Data

Trade between Turkey (Flag) and Somalia (Flag)

Turkey Exports

Market Competitiveness

Color
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 2021, countries that imported more from Turkey than Somalia were Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2019, no countries were registered that imported more from Somalia than from Turkey.

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

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

During 2022, 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).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Turkey has comparative advantage over Somalia. Similarly, the more yellow a dot/product is, the more Somalia has comparative advantage over Turkey.

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

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