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Pricing

2017
Flag → Flag
Exports $4.06kRnk 16 / 0
2017
Flag → Flag
Exports $2.37MRnk 91 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.64Rnk 95 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH-8.2%CURRENT US$
Rnk 173 / 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$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH-23.8%CURRENT US$
Rnk 175 / 186

About

Somalia-Algeria Trade: In 2017, Somalia exported $4.06k to Algeria. The main products that Somalia exported to Algeria were N/A. Over the past 7 years the exports of Somalia to Algeria have increased at an annualized rate of 11%, from $1.96k in 2010 to $4.06k in 2017.

In 2017, Somalia did not export any services to Algeria.

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

In 2017, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2017, Somalia exported $4.06k to Algeria. There were not main exports from Somalia to Algeria in 2017. During the last 7 years the exports of Somalia to Algeria have increased at an annualized rate of 11%, from $1.96k in 2010 to $4.06k in 2017.

Algeria does not register exports to Somalia.

Exports from Somalia (Flag) to Algeria (Flag) (2017)

Exports from Algeria (Flag) to Somalia (Flag) (2017)

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Algeria
Top DestinationItaly$16.9B

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

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

In 2022, countries that imported more from Algeria than Somalia included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

Comparative Advantage Somalia - Algeria

Flow
Scale

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

During 2017, Somalia had a large net trade with Algeria in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Algeria+$2.71kGold
Top Product Potential Algeria Somalia+$3.66kRefined 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 Algeria. This means that a dot/product with the flag of Somalia indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Somalia.

Product Space of Somalia (Flag) and Algeria (Flag) (2017)

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