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Pricing

2023
Flag → Flag
Exports $13.4MRnk 129 / 211
2023
Flag → Flag
Top Product $4.94MOther Processed Fruits and Nuts
2023
Flag → Flag
Exports $5.4kRnk 70 / 92
2023
Flag → Flag
Top Product $2.06kInsect Resins
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
Flag  
GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
 GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC $6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195

About

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.

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.

Comparison In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07),  and 34 in total exports ($154B). That same year, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, South Africa exported ZAR10.9M and imported ZAR3.15M from Somalia, resulting in a positive trade balance of ZAR7.73M. Between November 2023 and November 2024 the exports of South Africa have decreased by ZAR-2.97M (-21.4%) from ZAR13.8M to ZAR10.9M, while imports increased by ZAR3.13M (16k%) from ZAR19.5k to ZAR3.15M.

Trade In November 2024, the top exports of South Africa to Somalia were Other Processed Fruits and Nuts (ZAR19.5M), Olive Oil (ZAR1.94M), Corn (ZAR1.57M), Processed Fish (ZAR1.22M), and Other Processed Vegetables (ZAR766k). In November 2024 the top imports of South Africa from Somalia were .

Origins In November 2024 the exports of South Africa were mainly from Durban (ZAR6.66M), Cape Town (ZAR2.08M), O.R. Tambo Int Airport (ZAR1.79M), and Cape Town Int Airport (ZAR343k), while imports destinations were mainly Durban (ZAR3.06M) and O.R. Tambo Int Airport (ZAR91.2k).

Growth In November 2024, the decrease in South Africa's year-by-year exports to Somalia was explained primarily by an decrease in product exports in . In November 2024, the increase in South Africa's year-by-year imports  from Somalia was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)ZAR-2.97M(-21.4%)
IMPORT GROWTH (November 2023 - November 2024)ZAR3.13M(16k%)
MAIN EXPORTER (November 2024)DurbanZAR6.66M

This section shows exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of South Africa over time.

To check Somalia and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Somalia and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $13.4M in 2023.

In 2018, 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 2023 to $5.4k in 2018.

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

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

Market Competitiveness

Color
South Africa
Top DestinationChina$29.5B
Somalia
Top DestinationUnited Arab Emirates$360M

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

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

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

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

Comparative Advantage South Africa - Somalia

Flow
Scale

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

During 2023, South Africa had a large net trade with Somalia in the exports of Foodstuffs ($6.78M), Vegetable Products ($2.58M), and Chemical Products ($899k).

During 2018, Somalia had a large net trade with South Africa in the exports of Vegetable Products ($2.06k), Transportation ($1.57k), and Chemical Products ($933).

Potential Exports

Potential Exports

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

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

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

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