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2023
Flag → Flag
Exports $16MRnk 165 / 223
2023
Flag → Flag
Top Product $2.1MBroadcasting Equipment
2023
Flag → Flag
Exports $830kRnk 25 / 92
2023
Flag → Flag
Top Product $386kInsect Resins
2023
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Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
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GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
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 GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
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GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
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GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
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GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
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GDP PC$597CURRENT US$
Rnk 191 / 196
2013-2023
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GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195

About

United Kingdom-Somalia Trade: In 2023, United Kingdom exported $16M to Somalia. The main products that United Kingdom exported to Somalia were Broadcasting Equipment ($2.1M), X-Ray Equipment ($1.84M), and Cars ($1.23M). Over the past 5 years the exports of United Kingdom to Somalia have decreased at an annualized rate of 2.4%, from $18.1M in 2018 to $16M in 2023.

In 2023, United Kingdom did not export any services to Somalia.

Somalia-United Kingdom Trade: In 2023, Somalia exported $830k to United Kingdom. The main products that Somalia exported to United Kingdom were Insect Resins ($386k), Raw Nickel ($182k), and Essential Oils ($54.3k). Over the past 5 years the exports of Somalia to United Kingdom have decreased at an annualized rate of 1.31%,  from $959k in 2018 to $830k in 2023.

In 2023, Somalia did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £2.43M and imported £29.4k from Somalia, resulting in a positive trade balance of £2.4M. Between November 2023 and November 2024 the exports of United Kingdom have increased by £1.57M (183%) from £857k to £2.43M, while imports decreased by £-20.7k (-41.3%) from £50.2k to £29.4k.

Trade In November 2024, the top exports of United Kingdom to Somalia were Electric Generating Sets (£625k), Scented Mixtures (£199k), Cars (£126k), Electric Motor Parts (£53.4k), and Malt Extract (£45.1k). In November 2024 the top imports of United Kingdom from Somalia were .

Origins In November 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£1.73M), London Gateway (£615k), Manchester Airport (£60.6k), Felixstowe (£12k), and East Midlands Airport (£6.21k), while imports destinations were mainly Birmingham Airport (£20.6k), London Gateway (£4.44k), and London Heathrow Airport (£4.4k).

Growth In November 2024, the increase in United Kingdom's year-by-year exports to Somalia was explained primarily by an increase in product exports in Cars (£80.6k or 179%), Used Clothing (£31.4k or 241%), and Valves (£20.6k or 1.74k%). In November 2024, the decrease in United Kingdom's year-by-year imports  from Somalia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£1.57M(183%)
IMPORT GROWTH (November 2023 - November 2024)£-20.7k(-41.3%)
MAIN EXPORTER (November 2024)London Heathrow Airport£1.73M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Somalia and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Somalia and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $16M to Somalia. The main products exported from United Kingdom to Somalia were Broadcasting Equipment ($2.1M), X-Ray Equipment ($1.84M), and Cars ($1.23M). During the last 5 years the exports of United Kingdom to Somalia have decreased at an annualized rate of 2.4%, from $18.1M in 2018 to $16M in 2023.

In 2018, Somalia exported $830k to United Kingdom. The main products exported from Somalia to United Kingdom were Insect Resins ($386k), Raw Nickel ($182k), and Essential Oils ($54.3k). During the last 5 years the exports of Somalia to United Kingdom have decreased at an annualized rate of 1.31%, from $959k in 2023 to $830k in 2018.

Exports from United Kingdom (Flag) to Somalia (Flag) (2023)

Exports from Somalia (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Somalia
Top DestinationUnited Arab Emirates$360M

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

In 2023, countries that imported more from United Kingdom than Somalia included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, countries that imported more from Somalia than United Kingdom included Djibouti ($84.2M).

Difference in imports from Somalia (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Somalia

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Somalia in the exports of Machines ($4.96M), Foodstuffs ($2.78M), and Instruments ($2.45M).

During 2018, Somalia had a large net trade with United Kingdom in the exports of Vegetable Products ($413k), Metals ($182k), and Chemical Products ($67.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Somalia+$1.66MCars
Top Product Potential Somalia United Kingdom+$353kInsect Resins

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

Product Space of United Kingdom (Flag) and Somalia (Flag) (2023)

Keep Exploring

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