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Pricing

2017
Flag → Flag
Exports $320kRnk 38 / 0
2017
Flag → Flag
Exports $987kRnk 24 / 95
2017
Flag → Flag
Top Product $983kInsect Resins
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC $13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

Argentina-Somalia Trade: In 2017, Argentina exported $320k to Somalia. The main products that Argentina exported to Somalia were N/A. Over the past 17 years the exports of Argentina to Somalia have decreased at an annualized rate of 2.17%, from $465k in 2000 to $320k in 2017.

In 2017, Argentina did not export any services to Somalia.

Somalia-Argentina Trade: In 2017, Somalia exported $987k to Argentina. The main products that Somalia exported to Argentina were Insect Resins ($983k) and Motor vehicles; parts and accessories (8701 to 8705) ($4.07k). Over the past 17 years the exports of Somalia to Argentina have increased at an annualized rate of 77.7%,  from $9.94k in 2000 to $987k in 2017.

In 2017, Somalia did not export any services to Argentina.

Comparison In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064),  and 47 in total exports ($87.2B). 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 2017, Argentina exported $320k to Somalia. There were not main exports from Argentina to Somalia in 2017. During the last 17 years the exports of Argentina to Somalia have decreased at an annualized rate of 2.17%, from $465k in 2000 to $320k in 2017.

In 2017, Somalia exported $987k to Argentina. The main products exported from Somalia to Argentina were Insect Resins ($983k) and Motor vehicles; parts and accessories (8701 to 8705) ($4.07k). During the last 5 years the exports of Somalia to Argentina have increased at an annualized rate of 77.7%, from $9.94k in 2022 to $987k in 2017.

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

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

Latest Data

Trade between Argentina (Flag) and Somalia (Flag)

Argentina Exports

Market Competitiveness

Color
Argentina
Top DestinationN/AN/A
Somalia
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage Argentina - Somalia

Flow
Scale

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

During 2017, Argentina had a large net trade with Somalia in the exports of .

During 2017, Somalia had a large net trade with Argentina in the exports of Vegetable Products ($983k) and Transportation ($4.07k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Somalia+$2.67kCars
Top Product Potential Somalia Argentina+$1.54kGold

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

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

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