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2022
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Exports $1.32MRnk 185 / 219
2022
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Top Product $840kPackaged Medicaments
2022
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Exports $47.6kRnk 50 / 95
2022
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Top Product $14.6kBroadcasting Equipment
2022
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Economic Complexity (ECI) ECI 1.97Rnk 2 / 133
2022
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GDP$808BCURRENT US$
Rnk 20 / 186
2012-2022
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GDP GROWTH17.7%CURRENT US$
Rnk 128 / 186
2022
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 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
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GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
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GDP PC $92,101CURRENT US$
Rnk 5 / 186
2012-2022
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GDP PC GROWTH7.3%CURRENT US$
Rnk 125 / 186
2022
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GDP PC$462CURRENT US$
Rnk 183 / 186
2012-2022
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GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

Switzerland-Somalia In 2022, Switzerland exported $1.32M to Somalia. The main products that Switzerland exported to Somalia are Packaged Medicaments ($840k), Hydrometers ($156k), and Special purpose motor vehicles ($104k). During the last 27 years the exports of Switzerland to Somalia have increased at an annualized rate of 9.25%, from $122k in 1995 to $1.32M in 2022.

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

Somalia-Switzerland In 2022, Somalia exported $47.6k to Switzerland. The main products that Somalia exported to Switzerland were Broadcasting Equipment ($14.6k), Insect Resins ($12.9k), and Other Oily Seeds ($6.45k). During the last 27 years the exports of Somalia to Switzerland have increased at an annualized rate of 2.28%, from $25.9k in 1995 to $47.6k in 2022.

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

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97),  and 17 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, Switzerland exported $1.32M to Somalia. The main products exported from Switzerland to Somalia were Packaged Medicaments ($840k), Hydrometers ($156k), and Special purpose motor vehicles ($104k). During the last 27 years the exports of Switzerland to Somalia have increased at an annualized rate of 9.25%, from $122k in 1995 to $1.32M in 2022.

In 2022, Somalia exported $47.6k to Switzerland. The main products exported from Somalia to Switzerland were Broadcasting Equipment ($14.6k), Insect Resins ($12.9k), and Other Oily Seeds ($6.45k). During the last 27 years the exports of Somalia to Switzerland have increased at an annualized rate of 2.28%, from $25.9k in 1995 to $47.6k in 2022.

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

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

Latest Data

Trade between Switzerland (Flag) and Somalia (Flag)

Switzerland Exports

Market Competitiveness

Color
Switzerland
Top DestinationUnited States$61.7B
Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2021, countries that imported more from Switzerland than Somalia were United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2019, no countries were registered that imported more from Somalia than from Switzerland.

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

Comparative Advantage Switzerland - Somalia

Flow
Scale

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

During 2022, Switzerland had a large net trade with Somalia in the exports of Chemical Products ($899k), Instruments ($173k), and Transportation ($167k).

During 2022, Somalia had a large net trade with Switzerland in the exports of Vegetable Products ($23.3k), Machines ($15.5k), and Chemical Products ($6.88k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Switzerland has comparative advantage over Somalia. Similarly, the more yellow a dot/product is, the more Somalia has comparative advantage over Switzerland.

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

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