Somalia (SOM) and Egypt (EGY) Trade | The Observatory of Economic Complexity

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Somalia-Egypt Trade: In 2022, Somalia exported $1.08M to Egypt. The main products that Somalia exported to Egypt were Bovine ($902k), Insect Resins ($182k), and Other Furniture ($563). Over the past 5 years the exports of Somalia to Egypt have increased at an annualized rate of 3.85%, from $898k in 2017 to $1.08M in 2022.

In 2022, Somalia did not export any services to Egypt.

Egypt-Somalia Trade: In 2022, Egypt exported $39M to Somalia. The main products that Egypt exported to Somalia were Wheat Flours ($16.6M), Packaged Medicaments ($6.11M), and Fruit Juice ($3.08M). Over the past 5 years the exports of Egypt to Somalia have decreased at an annualized rate of 15.5%, from $90.8M in 2017 to $39M in 2022.

In 2022, Egypt 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, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Somalia exported $1.08M to Egypt. The main products exported from Somalia to Egypt were Bovine ($902k), Insect Resins ($182k), and Other Furniture ($563). During the last 5 years the exports of Somalia to Egypt have increased at an annualized rate of 3.85%, from $898k in 2017 to $1.08M in 2022.

In 2017, Egypt exported $39M to Somalia. The main products exported from Egypt to Somalia were Wheat Flours ($16.6M), Packaged Medicaments ($6.11M), and Fruit Juice ($3.08M). During the last 5 years the exports of Egypt to Somalia have decreased at an annualized rate of 15.5%, from $90.8M in 2022 to $39M in 2017.

Exports from Somalia () to Egypt () (2022)

Exports from Egypt () to Somalia () (2022)

Latest Data

Trade between Somalia () and Egypt ()

Egypt Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationUnited Arab Emirates$283M

Egypt
Top DestinationTurkey$4.23B

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

In 2022, countries that imported more from Somalia than Egypt included Macau ($2.24M).

In 2022, countries that imported more from Egypt than Somalia included Turkey ($4.23B), Italy ($3.32B), and United States ($3.21B).

Difference in imports from Egypt () and Somalia () (2022)

Comparative Advantage Somalia - Egypt

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Somalia had a large net trade with Egypt in the exports of Animal Products ($902k), Vegetable Products ($182k), and Machines ($662).

During 2017, Egypt had a large net trade with Somalia in the exports of Vegetable Products ($18.9M), Chemical Products ($8.73M), and Foodstuffs ($4.92M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Somalia Egypt+$1.15MBovine

Top Product Potential Egypt Somalia+$718kVideo Displays

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

About

Historical Data

Bilateral Trade by Products

Exports from Somalia () to Egypt () (2022)

Exports from Egypt () to Somalia () (2022)

Latest Data

Trade between Somalia () and Egypt ()

Egypt Exports

Market Competitiveness

Difference in imports from Egypt () and Somalia () (2022)

Comparative Advantage Somalia - Egypt

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Somalia () and Egypt () (2022)

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