2022
Flag  
GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
GDP PC 
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

In 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 2022,  Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index. That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

Somalia does not register exports to Bolivia.

Bolivia does not register exports to Somalia.

Exports from Somalia (Flag) to Bolivia (Flag) (2019)

Exports from Bolivia (Flag) to Somalia (Flag) (2019)

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$283M
Bolivia
Top Destination
India$2.27B

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 2022, countries that imported more from Somalia than Bolivia included Oman ($173M), Bulgaria ($18.5M), and Kuwait ($13.5M).

In 2022, countries that imported more from Bolivia than Somalia included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

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

Comparative Advantage Somalia - Bolivia

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Bolivia+$1.04kGold
Top Product Potential Bolivia Somalia+$2.21kPetroleum 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

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.

Product Space of Somalia (Flag) and Bolivia (Flag) (2019)

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