2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186

About

Brazil-Somalia Trade: In 2022, Brazil exported $42.1M to Somalia. The main products that Brazil exported to Somalia were Raw Sugar ($35.9M), Poultry Meat ($5.85M), and Confectionery Sugar ($333k). Over the past 5 years the exports of Brazil to Somalia have decreased at an annualized rate of 9.6%, from $69.7M in 2017 to $42.1M in 2022.

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

Somalia-Brazil Trade: In 2022, Somalia exported $70.3k to Brazil. The main products that Somalia exported to Brazil were Insect Resins ($62.9k), Essential Oils ($6.26k), and Live Fish ($1.18k). Over the past 5 years the exports of Somalia to Brazil have increased at an annualized rate of 212%,  from $236 in 2017 to $70.3k in 2022.

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

Comparison In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36),  and 25 in total exports ($341B). 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, Brazil exported $42.1M to Somalia. The main products exported from Brazil to Somalia were Raw Sugar ($35.9M), Poultry Meat ($5.85M), and Confectionery Sugar ($333k). During the last 5 years the exports of Brazil to Somalia have decreased at an annualized rate of 9.6%, from $69.7M in 2017 to $42.1M in 2022.

In 2017, Somalia exported $70.3k to Brazil. The main products exported from Somalia to Brazil were Insect Resins ($62.9k), Essential Oils ($6.26k), and Live Fish ($1.18k). During the last 5 years the exports of Somalia to Brazil have increased at an annualized rate of 212%, from $236 in 2022 to $70.3k in 2017.

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

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

Market Competitiveness

Color
Brazil
Top Destination
N/AN/A
Somalia
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Brazil - Somalia

Flow
Scale

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

During 2022, Brazil had a large net trade with Somalia in the exports of Foodstuffs ($36.2M), Animal Products ($5.85M), and Textiles ($50).

During 2017, Somalia had a large net trade with Brazil in the exports of Vegetable Products ($62.9k), Chemical Products ($6.26k), and Animal Products ($1.18k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Somalia+$3.49MRaw Sugar
Top Product Potential Somalia Brazil+$92.4kInsect 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brazil and Somalia. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Brazil.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with