Somalia (SOM) and China (CHN) Trade | The Observatory of Economic Complexity

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Somalia-China Trade: In 2023, Somalia exported $6.7M to China. The main products that Somalia exported to China were Molluscs ($2.04M), Insect Resins ($1.44M), and Non-fillet Frozen Fish ($1.12M). Over the past 5 years the exports of Somalia to China have decreased at an annualized rate of 16.5%, from $16.5M in 2018 to $6.7M in 2023.

In 2023, Somalia did not export any services to China.

China-Somalia Trade: In 2023, China exported $1.01B to Somalia. The main products that China exported to Somalia were Woven Fabric of Synthetic Staple Fibers ($142M), Coated Flat-Rolled Iron ($69.7M), and Synthetic Filament Yarn Woven Fabric ($36.9M). Over the past 5 years the exports of China to Somalia have increased at an annualized rate of 9.78%, from $635M in 2018 to $1.01B in 2023.

In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Somalia exported $6.7M to China. The main products exported from Somalia to China were Molluscs ($2.04M), Insect Resins ($1.44M), and Non-fillet Frozen Fish ($1.12M). During the last 5 years the exports of Somalia to China have decreased at an annualized rate of 16.5%, from $16.5M in 2018 to $6.7M in 2023.

In 2018, China exported $1.01B to Somalia. The main products exported from China to Somalia were Woven Fabric of Synthetic Staple Fibers ($142M), Coated Flat-Rolled Iron ($69.7M), and Synthetic Filament Yarn Woven Fabric ($36.9M). During the last 5 years the exports of China to Somalia have increased at an annualized rate of 9.78%, from $635M in 2023 to $1.01B in 2018.

Exports from Somalia () to China () (2023)

Exports from China () to Somalia () (2023)

Latest Data

Trade between Somalia () and China ()

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationUnited Arab Emirates$360M

China
Top DestinationUnited States$436B

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

In 2023, no countries were registered that imported more from Somalia than from China.

In 2023, countries that imported more from China than Somalia included United States ($436B), Hong Kong ($259B), and Japan ($169B).

Difference in imports from China () and Somalia () (2023)

Comparative Advantage Somalia - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Somalia had a large net trade with China in the exports of Animal Products ($3.18M), Vegetable Products ($1.49M), and Metals ($857k).

During 2018, China had a large net trade with Somalia in the exports of Textiles ($287M), Metals ($176M), and Machines ($162M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Somalia China+$2.9MMolluscs

Top Product Potential China Somalia+$31.7MTelephones

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

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Historical Data

Bilateral Trade by Products

Exports from Somalia () to China () (2023)

Exports from China () to Somalia () (2023)

Latest Data

Trade between Somalia () and China ()

China Exports

Market Competitiveness

Difference in imports from China () and Somalia () (2023)

Comparative Advantage Somalia - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Somalia () and China () (2023)

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