Egypt (EGY) and Somalia (SOM) Trade | The Observatory of Economic Complexity

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Egypt-Somalia Trade: In 2022, Egypt exported $39M to Somalia. The main products that Egypt exported to Somalia were Wheat Flours ($16.6M), Packaged Medicaments ($6.11M), and Fruit Juice ($3.08M). Over the past 5 years the exports of Egypt to Somalia have decreased at an annualized rate of 15.5%, from $90.8M in 2017 to $39M in 2022.

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

Somalia-Egypt Trade: In 2022, Somalia exported $1.08M to Egypt. The main products that Somalia exported to Egypt were Bovine ($902k), Insect Resins ($182k), and Other Furniture ($563). Over the past 5 years the exports of Somalia to Egypt have increased at an annualized rate of 3.85%, from $898k in 2017 to $1.08M in 2022.

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

Comparison In 2022, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Egypt exported $39M to Somalia. The main products exported from Egypt to Somalia were Wheat Flours ($16.6M), Packaged Medicaments ($6.11M), and Fruit Juice ($3.08M). During the last 5 years the exports of Egypt to Somalia have decreased at an annualized rate of 15.5%, from $90.8M in 2017 to $39M in 2022.

In 2017, Somalia exported $1.08M to Egypt. The main products exported from Somalia to Egypt were Bovine ($902k), Insect Resins ($182k), and Other Furniture ($563). During the last 5 years the exports of Somalia to Egypt have increased at an annualized rate of 3.85%, from $898k in 2022 to $1.08M in 2017.

Exports from Egypt () to Somalia () (2022)

Exports from Somalia () to Egypt () (2022)

Latest Data

Trade between Egypt () and Somalia ()

Egypt Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Egypt
Top DestinationTurkey$4.23B

Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from Egypt than Somalia included Turkey ($4.23B), Italy ($3.32B), and United States ($3.21B).

In 2022, countries that imported more from Somalia than Egypt included Macau ($2.24M).

Difference in imports from Somalia () and Egypt () (2022)

Comparative Advantage Egypt - Somalia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Egypt had a large net trade with Somalia in the exports of Vegetable Products ($18.9M), Chemical Products ($8.73M), and Foodstuffs ($4.92M).

During 2017, Somalia had a large net trade with Egypt in the exports of Animal Products ($902k), Vegetable Products ($182k), and Machines ($662).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Egypt Somalia+$718kVideo Displays

Top Product Potential Somalia Egypt+$1.15MBovine

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Egypt () to Somalia () (2022)

Exports from Somalia () to Egypt () (2022)

Latest Data

Trade between Egypt () and Somalia ()

Egypt Exports

Market Competitiveness

Difference in imports from Somalia () and Egypt () (2022)

Comparative Advantage Egypt - Somalia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Egypt () and Somalia () (2022)

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