2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP
$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC
$597CURRENT US$
Rnk 191 / 196
2013-2023
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GDP PC GROWTH
51.9%CURRENT US$
Rnk 45 / 195

About

Estonia-Somalia Trade: In 2023, Estonia exported $55.2k to Somalia. The main products that Estonia exported to Somalia were Other Edible Preparations ($55.2k). Over the past 25 years the exports of Estonia to Somalia have increased at an annualized rate of 14.5%, from $1.87k in 1998 to $55.2k in 2023.

In 2023, Estonia did not export any services to Somalia.

Somalia-Estonia Trade: In 2023, Somalia exported $7.07k to Estonia. The main products that Somalia exported to Estonia were Low-voltage Protection Equipment ($5.21k), Motor vehicles; parts and accessories (8701 to 8705) ($943), and Other Measuring Instruments ($624). Over the past 25 years the exports of Somalia to Estonia have increased at an annualized rate of 11%,  from $4.2k in 1998 to $7.07k in 2023.

In 2023, Somalia did not export any services to Estonia.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B). That same year, Somalia ranked 161 in total exports ($1.03B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $55.2k to Somalia. The main products exported from Estonia to Somalia were Other Edible Preparations ($55.2k). During the last 25 years the exports of Estonia to Somalia have increased at an annualized rate of 14.5%, from $1.87k in 1998 to $55.2k in 2023.

In 2018, Somalia exported $7.07k to Estonia. The main products exported from Somalia to Estonia were Low-voltage Protection Equipment ($5.21k), Motor vehicles; parts and accessories (8701 to 8705) ($943), and Other Measuring Instruments ($624). During the last 5 years the exports of Somalia to Estonia have increased at an annualized rate of 11%, from $4.2k in 2023 to $7.07k in 2018.

Exports from Estonia (Flag) to Somalia (Flag) (2023)

Exports from Somalia (Flag) to Estonia (Flag) (2023)

Latest Data

Trade between Estonia (Flag) and Somalia (Flag)

Estonia Exports

Date

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Somalia
Top Destination
United Arab Emirates$360M

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

In 2023, countries that imported more from Estonia than Somalia included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Somalia than Estonia included United Arab Emirates ($360M), Saudi Arabia ($283M), and Oman ($180M).

Difference in imports from Somalia (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - Somalia

Flow
Scale

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

During 2023, Estonia had a large net trade with Somalia in the exports of Foodstuffs ($55.2k).

During 2018, Somalia had a large net trade with Estonia in the exports of Machines ($5.49k), Transportation ($943), and Instruments ($624).

Economic Complexity

Competitive Landscape

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

Product Space of Estonia (Flag) and Somalia (Flag) (2023)

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