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2015
Flag → Flag
Exports $123kRnk 40 / 0
2015
Flag → Flag
Exports $9.52MRnk 177 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC $462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

Somalia-Bangladesh Trade: In 2015, Somalia exported $123k to Bangladesh. The main products that Somalia exported to Bangladesh were N/A. Over the past 6 years the exports of Somalia to Bangladesh have decreased at an annualized rate of 12.8%, from $280k in 2009 to $123k in 2015.

In 2015, Somalia did not export any services to Bangladesh.

Bangladesh-Somalia Trade: In 2015, Bangladesh exported $9.52M to Somalia. The main products that Bangladesh exported to Somalia were N/A. Over the past 6 years the exports of Bangladesh to Somalia have increased at an annualized rate of 49.7%,  from $1.26M in 2009 to $9.52M in 2015.

In 2015, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2015, Somalia exported $123k to Bangladesh. There were not main exports from Somalia to Bangladesh in 2015. During the last 6 years the exports of Somalia to Bangladesh have decreased at an annualized rate of 12.8%, from $280k in 2009 to $123k in 2015.

In 2010, Bangladesh exported $9.52M to Somalia. There were not main exports from Bangladesh to Somalia in 2010. During the last 5 years the exports of Bangladesh to Somalia have increased at an annualized rate of 49.7%, from $1.26M in 2015 to $9.52M in 2010.

Exports from Somalia (Flag) to Bangladesh (Flag) (2015)

Exports from Bangladesh (Flag) to Somalia (Flag) (2015)

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Somalia than Bangladesh included Oman ($173M), Bulgaria ($18.5M), and Senegal ($2.97M).

In 2022, countries that imported more from Bangladesh than Somalia included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

Difference in imports from Bangladesh (Flag) and Somalia (Flag) (2022)

Comparative Advantage Somalia - Bangladesh

Flow
Scale

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

During 2015, Somalia had a large net trade with Bangladesh in the exports of .

During 2010, Bangladesh had a large net trade with Somalia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Bangladesh+$4.2kGold
Top Product Potential Bangladesh Somalia+$2.9kNon-Knit Men's Suits

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

Product Space of Somalia (Flag) and Bangladesh (Flag) (2015)

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