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2023
Flag → Flag
Exports $5.12MRnk 193 / 211
2023
Flag → Flag
Top Product $1.31MIron Pipes
2023
Flag → Flag
Exports $7.98MRnk 9 / 92
2023
Flag → Flag
Top Product $5.26MMolluscs
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 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 $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 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

Japan-Somalia Trade: In 2023, Japan exported $5.12M to Somalia. The main products that Japan exported to Somalia were Iron Pipes ($1.31M), Other Nitrogen Compounds ($753k), and X-Ray Equipment ($675k). Over the past 5 years the exports of Japan to Somalia have decreased at an annualized rate of 3.62%, from $6.16M in 2018 to $5.12M in 2023.

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

Somalia-Japan Trade: In 2023, Somalia exported $7.98M to Japan. The main products that Somalia exported to Japan were Molluscs ($5.26M), Fish Oil ($2.15M), and Fish Fillets ($280k). Over the past 5 years the exports of Somalia to Japan have decreased at an annualized rate of 11.1%,  from $14.3M in 2018 to $7.98M in 2023.

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

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). That same year, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Japan exported ¥24.2M and imported ¥87.2M from Somalia, resulting in a negative trade balance of ¥63M. Between December 2023 and December 2024 the exports of Japan have decreased by ¥-11.1M (-31.5%) from ¥35.3M to ¥24.2M, while imports increased by ¥49.8M (133%) from ¥37.4M to ¥87.2M.

Trade In December 2024, the top exports of Japan to Somalia were Delivery Trucks (¥10.6M), Cars (¥5.61M), Motor vehicles; parts and accessories (8701... (¥2.07M), Spark-Ignition Engines (¥1.65M), and Pesticides (¥648k). In December 2024 the top imports of Japan from Somalia were Fish Oil (¥12.5M), Molluscs (¥6.59M), Fish Fillets (¥6.49M), Essential Oils (¥3.65M), and Live Fish (¥296k).

Origins In December 2024 the exports of Japan were mainly from Kanagawa (¥12.4M), Aichi (¥7.44M), Chiba (¥2.23M), and Osaka (¥2.1M), while imports destinations were mainly Aichi (¥68.8M), Kanagawa (¥16.5M), and Tokyo (¥1.88M).

Growth In December 2024, the decrease in Japan's year-by-year exports to Somalia was explained primarily by an decrease in product exports in . In December 2024, the increase in Japan's year-by-year imports  from Somalia was explained primarily by an increase in product imports  in Essential Oils (¥1.51M or 70.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)¥-11.1M(-31.5%)
IMPORT GROWTH (December 2023 - December 2024)¥49.8M(133%)
MAIN EXPORTER (December 2024)Kanagawa¥12.4M

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

To check Somalia and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Somalia and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $5.12M to Somalia. The main products exported from Japan to Somalia were Iron Pipes ($1.31M), Other Nitrogen Compounds ($753k), and X-Ray Equipment ($675k). During the last 5 years the exports of Japan to Somalia have decreased at an annualized rate of 3.62%, from $6.16M in 2018 to $5.12M in 2023.

In 2018, Somalia exported $7.98M to Japan. The main products exported from Somalia to Japan were Molluscs ($5.26M), Fish Oil ($2.15M), and Fish Fillets ($280k). During the last 5 years the exports of Somalia to Japan have decreased at an annualized rate of 11.1%, from $14.3M in 2023 to $7.98M in 2018.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Somalia
Top DestinationUnited Arab Emirates$360M

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

In 2023, countries that imported more from Japan than Somalia included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, no countries were registered that imported more from Somalia than from Japan.

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

Comparative Advantage Japan - Somalia

Flow
Scale

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

During 2023, Japan had a large net trade with Somalia in the exports of Transportation ($1.82M), Metals ($1.73M), and Chemical Products ($758k).

During 2018, Somalia had a large net trade with Japan in the exports of Animal Products ($5.67M), Animal and Vegetable Bi-Products ($2.15M), and Chemical Products ($145k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Somalia+$1.15MCars
Top Product Potential Somalia Japan+$1.24MMolluscs

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

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

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