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2023
Flag → Flag
Exports $10.8MRnk 180 / 224
2023
Flag → Flag
Top Product $1.63MConcentrated Milk
2023
Flag → Flag
Exports $46.6kRnk 50 / 92
2023
Flag → Flag
Top Product $43.5kTrunks and Cases
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195

About

Netherlands-Somalia Trade: In 2023, Netherlands exported $10.8M to Somalia. The main products that Netherlands exported to Somalia were Concentrated Milk ($1.63M), Packaged Medicaments ($1.47M), and Used Clothing ($719k). Over the past 5 years the exports of Netherlands to Somalia have decreased at an annualized rate of 6.96%, from $15.5M in 2018 to $10.8M in 2023.

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

Somalia-Netherlands Trade: In 2023, Somalia exported $46.6k to Netherlands. The main products that Somalia exported to Netherlands were Trunks and Cases ($43.5k), Knit Sweaters ($1.71k), and Computers ($1.33k). Over the past 5 years the exports of Somalia to Netherlands have increased at an annualized rate of 168%,  from $339 in 2018 to $46.6k in 2023.

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

Comparison In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08),  and 9 in total exports ($599B). That same year, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Netherlands exported €N/A and imported €N/A from Somalia, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Netherlands have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Netherlands to Somalia were Milk and cream and milk products... (€1M). In N/A the top imports of Netherlands from Somalia were .

Latest Trade

Time Scale
Flow
Value

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

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

For full datasets download visit Bulk Download page.

Explore Somalia and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $10.8M to Somalia. The main products exported from Netherlands to Somalia were Concentrated Milk ($1.63M), Packaged Medicaments ($1.47M), and Used Clothing ($719k). During the last 5 years the exports of Netherlands to Somalia have decreased at an annualized rate of 6.96%, from $15.5M in 2018 to $10.8M in 2023.

In 2018, Somalia exported $46.6k to Netherlands. The main products exported from Somalia to Netherlands were Trunks and Cases ($43.5k), Knit Sweaters ($1.71k), and Computers ($1.33k). During the last 5 years the exports of Somalia to Netherlands have increased at an annualized rate of 168%, from $339 in 2023 to $46.6k in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Somalia
Top DestinationUnited Arab Emirates$360M

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

In 2023, countries that imported more from Netherlands than Somalia included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

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

Comparative Advantage Netherlands - Somalia

Flow
Scale

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

During 2023, Netherlands had a large net trade with Somalia in the exports of Animal Products ($2.89M), Chemical Products ($2.01M), and Machines ($1.7M).

During 2018, Somalia had a large net trade with Netherlands in the exports of Animal Hides ($43.5k), Textiles ($1.71k), and Machines ($1.33k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Somalia+$2.14MPackaged Medicaments
Top Product Potential Somalia Netherlands+$213kOther Oily Seeds

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

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

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