2022
Flag  
GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 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
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186

About

In N/A, Somalia did not export any services to Chile.

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

In N/A, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

Somalia does not register exports to Chile.

Chile does not register exports to Somalia.

Exports from Somalia (Flag) to Chile (Flag) (2020)

Exports from Chile (Flag) to Somalia (Flag) (2020)

Latest Data

Trade between Somalia (Flag) and Chile (Flag)

Chile Exports

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$283M
Chile
Top Destination
China$38.5B

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

In 2022, countries that imported more from Somalia than Chile included Oman ($173M), United Arab Emirates ($283M), and Kuwait ($13.5M).

In 2022, countries that imported more from Chile than Somalia included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Somalia - Chile

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Chile+$1.6kCrustaceans
Top Product Potential Chile Somalia+$2.11kRefined Petroleum

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

Product Space of Somalia (Flag) and Chile (Flag) (2020)

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