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Pricing

2022
Flag → Flag
Exports $1.88BRnk 36 / 219
2022
Flag → Flag
Top Product $480MRolled Tobacco
2022
Flag → Flag
Exports $283MRnk 1 / 95
2022
Flag → Flag
Top Product $246MGold
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
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GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
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GDP PC$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

United Arab Emirates-Somalia Trade: In 2022, United Arab Emirates exported $1.88B to Somalia. The main products that United Arab Emirates exported to Somalia were Rolled Tobacco ($480M), Broadcasting Equipment ($165M), and Concentrated Milk ($126M). Over the past 5 years the exports of United Arab Emirates to Somalia have increased at an annualized rate of 24%, from $643M in 2017 to $1.88B in 2022.

In 2022, United Arab Emirates did not export any services to Somalia.

Somalia-United Arab Emirates Trade: In 2022, Somalia exported $283M to United Arab Emirates. The main products that Somalia exported to United Arab Emirates were Gold ($246M), Crustaceans ($20.8M), and Sheep and Goats ($9.48M). Over the past 5 years the exports of Somalia to United Arab Emirates have increased at an annualized rate of 6.99%,  from $126M in 2017 to $283M in 2022.

In 2022, Somalia did not export any services to United Arab Emirates.

Comparison In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24),  and 18 in total exports ($402B). 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, United Arab Emirates exported $1.88B to Somalia. The main products exported from United Arab Emirates to Somalia were Rolled Tobacco ($480M), Broadcasting Equipment ($165M), and Concentrated Milk ($126M). During the last 5 years the exports of United Arab Emirates to Somalia have increased at an annualized rate of 24%, from $643M in 2017 to $1.88B in 2022.

In 2017, Somalia exported $283M to United Arab Emirates. The main products exported from Somalia to United Arab Emirates were Gold ($246M), Crustaceans ($20.8M), and Sheep and Goats ($9.48M). During the last 5 years the exports of Somalia to United Arab Emirates have increased at an annualized rate of 6.99%, from $126M in 2022 to $283M in 2017.

Exports from United Arab Emirates (Flag) to Somalia (Flag) (2022)

Exports from Somalia (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Somalia (Flag)

United Arab Emirates Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from United Arab Emirates than Somalia included India ($51B), Japan ($40.9B), and China ($32.5B).

In 2022, no countries were registered that imported more from Somalia than from United Arab Emirates.

Difference in imports from Somalia (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Somalia

Flow
Scale

This chart compares trade between United Arab Emirates and Somalia by product, considering products traded by both, United Arab Emirates and Somalia.

During 2022, United Arab Emirates had a large net trade with Somalia in the exports of Foodstuffs ($600M), Machines ($365M), and Animal Products ($149M).

During 2017, Somalia had a large net trade with United Arab Emirates in the exports of Precious Metals ($246M), Animal Products ($33.6M), and Vegetable Products ($2.58M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Somalia+$836kPackaged Medicaments
Top Product Potential Somalia United Arab Emirates+$22.6MGold

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

Product Space of United Arab Emirates (Flag) and Somalia (Flag) (2022)

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