2023
Flag  
GDP
$213BCURRENT US$
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2013-2023
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GDP GROWTH
7.18%CURRENT US$
Rnk 163 / 195
2023
Flag
 GDP
$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC 
$80,196CURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP PC GROWTH
-22.7%CURRENT US$
Rnk 182 / 195
2023
Flag
GDP PC
$597CURRENT US$
Rnk 191 / 196
2013-2023
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GDP PC GROWTH
51.9%CURRENT US$
Rnk 45 / 195

About

Qatar-Somalia Trade: In 2023, Qatar exported $143k to Somalia. The main products that Qatar exported to Somalia were Other Zinc Products ($82.4k) and Refined Petroleum ($60.9k). Over the past 6 years the exports of Qatar to Somalia have increased at an annualized rate of 2.43%, from $124k in 2017 to $143k in 2023.

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

Somalia-Qatar Trade: In 2023, Somalia exported $13.2M to Qatar. The main products that Somalia exported to Qatar were Sheep and Goats ($9.54M), Bovine ($2.35M), and Other Animals ($871k). Over the past 6 years the exports of Somalia to Qatar have increased at an annualized rate of 23.1%,  from $4.66M in 2017 to $13.2M in 2023.

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

Comparison In 2023,  Qatar ranked 78 in the Economic Complexity Index (ECI -0.33),  and 36 in total exports ($118B). 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, Qatar exported $143k to Somalia. The main products exported from Qatar to Somalia were Other Zinc Products ($82.4k) and Refined Petroleum ($60.9k). During the last 6 years the exports of Qatar to Somalia have increased at an annualized rate of 2.43%, from $124k in 2017 to $143k in 2023.

In 2018, Somalia exported $13.2M to Qatar. The main products exported from Somalia to Qatar were Sheep and Goats ($9.54M), Bovine ($2.35M), and Other Animals ($871k). During the last 5 years the exports of Somalia to Qatar have increased at an annualized rate of 23.1%, from $4.66M in 2023 to $13.2M in 2018.

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

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

Latest Data

Trade between Qatar (Flag) and Somalia (Flag)

Qatar Exports

Market Competitiveness

Color
Qatar
Top Destination
China$20.9B
Somalia
Top Destination
United Arab Emirates$360M

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

In 2023, countries that imported more from Qatar than Somalia included China ($20.9B), India ($12.9B), and South Korea ($12.1B).

In 2023, countries that imported more from Somalia than Qatar included Djibouti ($84.2M), Macau ($19.9M), and Israel ($7.01k).

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

Comparative Advantage Qatar - Somalia

Flow
Scale

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

During 2023, Qatar had a large net trade with Somalia in the exports of Metals ($82.4k) and Mineral Products ($60.9k).

During 2018, Somalia had a large net trade with Qatar in the exports of Animal Products ($12.8M), Vegetable Products ($407k), and Wood Products ($14.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Qatar Somalia+$276kRefined Petroleum
Top Product Potential Somalia Qatar+$184kBovine

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

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

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