2023
Flag  
GDP
$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH
24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
 GDP
$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC 
$3,771CURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP PC GROWTH
11.6%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC
$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH
51.9%CURRENT US$
Rnk 45 / 195

About

Morocco-Somalia Trade: In 2023, Morocco exported $317k to Somalia. The main products that Morocco exported to Somalia were Refined Petroleum ($177k), Packaged Medicaments ($75.1k), and Confectionery Sugar ($44.8k). Over the past 5 years the exports of Morocco to Somalia have increased at an annualized rate of 4.63%, from $253k in 2018 to $317k in 2023.

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

Somalia-Morocco Trade: In 2023, Somalia exported $587k to Morocco. The main products that Somalia exported to Morocco were Insect Resins ($587k). Over the past 5 years the exports of Somalia to Morocco have decreased at an annualized rate of 0.0019%,  from $587k in 2018 to $587k in 2023.

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

Comparison In 2023,  Morocco ranked 79 in the Economic Complexity Index (ECI -0.36),  and 60 in total exports ($49.2B). That same year, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Morocco exported $317k to Somalia. The main products exported from Morocco to Somalia were Refined Petroleum ($177k), Packaged Medicaments ($75.1k), and Confectionery Sugar ($44.8k). During the last 5 years the exports of Morocco to Somalia have increased at an annualized rate of 4.63%, from $253k in 2018 to $317k in 2023.

In 2018, Somalia exported $587k to Morocco. The main products exported from Somalia to Morocco were Insect Resins ($587k). During the last 5 years the exports of Somalia to Morocco have decreased at an annualized rate of 0.0019%, from $587k in 2023 to $587k in 2018.

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

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

Latest Data

Trade between Morocco (Flag) and Somalia (Flag)

Morocco Exports

Market Competitiveness

Color
Morocco
Top Destination
Spain$9.8B
Somalia
Top Destination
United Arab Emirates$360M

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

In 2023, countries that imported more from Morocco than Somalia included Spain ($9.8B), France ($8.23B), and Germany ($2.89B).

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

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

Comparative Advantage Morocco - Somalia

Flow
Scale

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

During 2023, Morocco had a large net trade with Somalia in the exports of Mineral Products ($177k), Chemical Products ($75.1k), and Foodstuffs ($54.4k).

During 2018, Somalia had a large net trade with Morocco in the exports of Vegetable Products ($587k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Morocco Somalia+$250kRefined Petroleum
Top Product Potential Somalia Morocco+$5.92kSynthetic Fabrics

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

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

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