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Pricing

2022
Flag → Flag
Exports $37.2kRnk 53 / 95
2022
Flag → Flag
Top Product $37kDried/Salted/Smoked/Brined Fish
2022
Flag → Flag
Exports $68.2MRnk 130 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.81Rnk 130 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$58.1BCURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP GROWTH98.1%CURRENT US$
Rnk 15 / 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$586CURRENT US$
Rnk 179 / 186
2012-2022
Flag
GDP PC GROWTH42.1%CURRENT US$
Rnk 45 / 186

About

Somalia-Democratic Republic of the Congo Trade: In 2022, Somalia exported $37.2k to Democratic Republic of the Congo. The main products that Somalia exported to Democratic Republic of the Congo were Dried/Salted/Smoked/Brined Fish ($37k) and Non-fillet Frozen Fish ($220). Over the past 5 years the exports of Somalia to Democratic Republic of the Congo have decreased at an annualized rate of 0.26%, from $37.7k in 2017 to $37.2k in 2022.

In 2022, Somalia did not export any services to Democratic Republic of the Congo.

Democratic Republic of the Congo-Somalia In N/A, Democratic Republic of the Congo did not export any products to Somalia.

In 2022, Democratic Republic of the Congo 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, Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.81), and 71 in total exports ($28.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $37.2k to Democratic Republic of the Congo. The main products exported from Somalia to Democratic Republic of the Congo were Dried/Salted/Smoked/Brined Fish ($37k) and Non-fillet Frozen Fish ($220). During the last 5 years the exports of Somalia to Democratic Republic of the Congo have decreased at an annualized rate of 0.26%, from $37.7k in 2017 to $37.2k in 2022.

Democratic Republic of the Congo does not register exports to Somalia.

Exports from Somalia (Flag) to Democratic Republic of the Congo (Flag) (2022)

Exports from Democratic Republic of the Congo (Flag) to Somalia (Flag) (2022)

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Democratic Republic of the Congo
Top DestinationChina$15.6B

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

In 2022, countries that imported more from Somalia than Democratic Republic of the Congo included Oman ($173M), Bulgaria ($18.5M), and Kuwait ($13.5M).

In 2022, countries that imported more from Democratic Republic of the Congo than Somalia included China ($15.6B), Singapore ($1.36B), and Hong Kong ($1.24B).

Difference in imports from Democratic Republic of the Congo (Flag) and Somalia (Flag) (2022)

Comparative Advantage Somalia - Democratic Republic of the Congo

Flow
Scale

This chart compares trade between Somalia and Democratic Republic of the Congo by product, considering products traded by both, Somalia and Democratic Republic of the Congo.

During 2022, Somalia had a large net trade with Democratic Republic of the Congo in the exports of Animal Products ($37.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Democratic Republic of the Congo+$1.49kNon-fillet Frozen Fish
Top Product Potential Democratic Republic of the Congo Somalia+$1.72kSawn Wood

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

Product Space of Somalia (Flag) and Democratic Republic of the Congo (Flag) (2022)

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