2022
Flag  
GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 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 
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 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, Algeria did not export any services to Somalia.

Somalia-Algeria Trade: In N/A, Somalia exported $4.06k to Algeria. The main products that Somalia exported to Algeria were N/A. Over the past N/A years the exports of Somalia to Algeria have increased at an annualized rate of 132%,  from $61 in N/A to $4.06k in N/A.

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

Comparison In 2022,  Algeria ranked 95 in the Economic Complexity Index (ECI -0.64),  and 55 in total exports ($58.6B). 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

Algeria does not register exports to Somalia.

In 2012, Somalia exported $4.06k to Algeria. There were not main exports from Somalia to Algeria in 2012. During the last 5 years the exports of Somalia to Algeria have increased at an annualized rate of 132%, from $61 in 2017 to $4.06k in 2012.

Exports from Algeria (Flag) to Somalia (Flag) (2017)

Exports from Somalia (Flag) to Algeria (Flag) (2017)

Market Competitiveness

Color
Algeria
Top Destination
Italy$16.9B
Somalia
Top Destination
United Arab Emirates$283M

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

In 2022, countries that imported more from Algeria than Somalia included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

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

Comparative Advantage Algeria - Somalia

Flow
Scale

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

During 2012, Somalia had a large net trade with Algeria in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria Somalia+$3.66kRefined Petroleum
Top Product Potential Somalia Algeria+$2.71kGold

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

Product Space of Algeria (Flag) and Somalia (Flag) (2017)

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