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Pricing

2021
Flag → Flag
Exports $5.6kRnk 57 / 0
2021
Flag → Flag
Exports $86.6kRnk 141 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.82Rnk 32 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC $7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH13.7%CURRENT US$
Rnk 101 / 186
2022
Flag
GDP PC$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

Belarus-Somalia Trade: In 2021, Belarus exported $5.6k to Somalia. The main products that Belarus exported to Somalia were N/A. Over the past 7 years the exports of Belarus to Somalia have increased at an annualized rate of 4.92%, from $4k in 2014 to $5.6k in 2021.

In 2014, Belarus exported services to Somalia worth $700, with Government services, n.i.e. ($700) being the largest in terms of value.

Somalia-Belarus In N/A, Somalia did not export any products to Belarus.

In 2021, Somalia did not export any services to Belarus.

Comparison In 2022,  Belarus ranked 32 in the Economic Complexity Index (ECI 0.82),  and 100 in total exports ($10.4B). 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 2021, Belarus exported $5.6k to Somalia. There were not main exports from Belarus to Somalia in 2021. During the last 7 years the exports of Belarus to Somalia have increased at an annualized rate of 4.92%, from $4k in 2014 to $5.6k in 2021.

Somalia does not register exports to Belarus.

Exports from Belarus (Flag) to Somalia (Flag) (2021)

Exports from Somalia (Flag) to Belarus (Flag) (2021)

Latest Data

Trade between Belarus (Flag) and Somalia (Flag)

Belarus Exports

Market Competitiveness

Color
Belarus
Top DestinationChina$1.6B
Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from Belarus than Somalia included China ($1.6B), Ukraine ($1.29B), and Poland ($933M).

In 2022, countries that imported more from Somalia than Belarus included United Arab Emirates ($283M), Oman ($173M), and Bahrain ($9M).

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

Comparative Advantage Belarus - Somalia

Flow
Scale

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

During 2021, Belarus had a large net trade with Somalia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Somalia+$1.98kConcentrated Milk
Top Product Potential Somalia Belarus+$1.2kNon-fillet Frozen Fish

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

Product Space of Belarus (Flag) and Somalia (Flag) (2021)

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