Somalia (SOM) and Angola (AGO) Trade | The Observatory of Economic Complexity

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Somalia-Angola Trade: In 2022, Somalia exported $17.3k to Angola. The main products that Somalia exported to Angola were Video Recording Equipment ($2.21k), Insulated Wire ($1.57k), and Electrical Transformers ($1.52k). Over the past 10 years the exports of Somalia to Angola have decreased at an annualized rate of 22.1%, from $209k in 2012 to $17.3k in 2022.

In 2022, Somalia did not export any services to Angola.

Angola-Somalia In N/A, Angola did not export any products to Somalia.

In 2022, Angola did not export any services to Somalia.

Comparison In 2022, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index. That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Somalia exported $17.3k to Angola. The main products exported from Somalia to Angola were Video Recording Equipment ($2.21k), Insulated Wire ($1.57k), and Electrical Transformers ($1.52k). During the last 10 years the exports of Somalia to Angola have decreased at an annualized rate of 22.1%, from $209k in 2012 to $17.3k in 2022.

Angola does not register exports to Somalia.

Exports from Somalia () to Angola () (2022)

Exports from Angola () to Somalia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationUnited Arab Emirates$283M

Angola
Top DestinationChina$21.8B

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

In 2022, countries that imported more from Somalia than Angola included Oman ($173M), Bulgaria ($18.5M), and Bahrain ($9M).

In 2022, countries that imported more from Angola than Somalia included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

Difference in imports from Angola () and Somalia () (2022)

Comparative Advantage Somalia - Angola

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Somalia had a large net trade with Angola in the exports of Machines ($11.9k), Textiles ($3.18k), and Instruments ($1.95k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Somalia Angola+$1.09kBovine

Top Product Potential Angola Somalia+$2.91kPetroleum Gas

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

Year

This visualization shows the product space at the HS4 level with the flags of Somalia and Angola. This means that a dot/product with the flag of Somalia indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Somalia.

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Historical Data

Bilateral Trade by Products

Exports from Somalia () to Angola () (2022)

Exports from Angola () to Somalia () (2022)

Market Competitiveness

Difference in imports from Angola () and Somalia () (2022)

Comparative Advantage Somalia - Angola

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Somalia () and Angola () (2022)

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