2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 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 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186
2022
Flag
GDP PC
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186

About

In N/A, Chile did not export any services to Somalia.

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

In N/A, Somalia did not export any services to Chile.

Comparison In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18),  and 44 in total exports ($99B). 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

Chile does not register exports to Somalia.

Somalia does not register exports to Chile.

Exports from Chile (Flag) to Somalia (Flag) (2020)

Exports from Somalia (Flag) to Chile (Flag) (2020)

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Somalia
Top Destination
United Arab Emirates$283M

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

In 2022, countries that imported more from Chile than Somalia included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Somalia than Chile included Oman ($173M), United Arab Emirates ($283M), and Kuwait ($13.5M).

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

Comparative Advantage Chile - Somalia

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Somalia+$2.11kRefined Petroleum
Top Product Potential Somalia Chile+$1.6kCrustaceans

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

Product Space of Chile (Flag) and Somalia (Flag) (2020)

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