2023
Flag  
GDP
$809BCURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 62 / 195
2023
Flag
 GDP
$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC 
$22,057CURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP PC GROWTH
61.9%CURRENT US$
Rnk 28 / 195
2023
Flag
GDP PC
$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH
51.9%CURRENT US$
Rnk 45 / 195

About

Poland-Somalia Trade: In 2023, Poland exported $5.43M to Somalia. The main products that Poland exported to Somalia were Used Clothing ($1.74M), Electric Generating Sets ($898k), and Milk ($781k). Over the past 5 years the exports of Poland to Somalia have decreased at an annualized rate of 4.19%, from $6.72M in 2018 to $5.43M in 2023.

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

Somalia-Poland Trade: In 2023, Somalia exported $24.2k to Poland. The main products that Somalia exported to Poland were Wine ($9.37k), Gold ($6.04k), and Essential Oils ($3.65k). Over the past 5 years the exports of Somalia to Poland have increased at an annualized rate of 6.68%,  from $17.5k in 2018 to $24.2k in 2023.

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

Comparison In 2023,  Poland ranked 24 in the Economic Complexity Index (ECI 1.09),  and 23 in total exports ($339B). 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, Poland exported $5.43M to Somalia. The main products exported from Poland to Somalia were Used Clothing ($1.74M), Electric Generating Sets ($898k), and Milk ($781k). During the last 5 years the exports of Poland to Somalia have decreased at an annualized rate of 4.19%, from $6.72M in 2018 to $5.43M in 2023.

In 2018, Somalia exported $24.2k to Poland. The main products exported from Somalia to Poland were Wine ($9.37k), Gold ($6.04k), and Essential Oils ($3.65k). During the last 5 years the exports of Somalia to Poland have increased at an annualized rate of 6.68%, from $17.5k in 2023 to $24.2k in 2018.

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

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

Latest Data

Trade between Poland (Flag) and Somalia (Flag)

Poland Exports

Market Competitiveness

Color
Poland
Top Destination
Germany$84B
Somalia
Top Destination
United Arab Emirates$360M

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

In 2023, countries that imported more from Poland than Somalia included Germany ($84B), United Kingdom ($19.4B), and Czechia ($19.3B).

In 2023, countries that imported more from Somalia than Poland included Oman ($180M), Djibouti ($84.2M), and Macau ($19.9M).

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

Comparative Advantage Poland - Somalia

Flow
Scale

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

During 2023, Poland had a large net trade with Somalia in the exports of Textiles ($1.74M), Machines ($1.22M), and Foodstuffs ($851k).

During 2018, Somalia had a large net trade with Poland in the exports of Foodstuffs ($9.37k), Precious Metals ($6.04k), and Chemical Products ($3.65k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Poland Somalia+$314kOther Iron Products
Top Product Potential Somalia Poland+$606kGold

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

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

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