GDP$11BCURRENT US$Rnk 148 / 195 GDP GROWTH117%CURRENT US$Rnk 8 / 195
GDP$45.1BCURRENT US$Rnk 96 / 195 GDP GROWTH47.2%CURRENT US$Rnk 80 / 195 GDP PC $597CURRENT US$Rnk 191 / 195GDP PC GROWTH51.9%CURRENT US$Rnk 45 / 195GDP PC$3,686CURRENT US$Rnk 135 / 196GDP PC GROWTH28.4%CURRENT US$Rnk 82 / 195In N/A, Somalia did not export any services to Bolivia.
Bolivia-Somalia In false, Bolivia did not export any products to Somalia.
In N/A, Bolivia did not export any services to Somalia.
Comparison In 2023, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index. That same year, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).
This map shows whether countries import more from Somalia or Bolivia. Each country is colored based on the difference in imports they receive from Somalia and Bolivia or the difference in the growth in imports.
In 2023, countries that imported more from Somalia than Bolivia included Saudi Arabia ($283M), Oman ($180M), and Djibouti ($84.2M).
In 2023, countries that imported more from Bolivia than Somalia included Brazil ($1.54B), India ($1.33B), and China ($1.21B).
) and Somalia () (2023)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.
This visualization shows the product space at the HS4 level with the flags of Somalia and Bolivia. This means that a dot/product with the flag of Somalia indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over Somalia.
) and Bolivia () (2019)
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