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Pricing

2023
Flag → Flag
Exports $7.07kRnk 63 / 92
2023
Flag → Flag
Top Product $5.21kLow-voltage Protection Equipment
2023
Flag → Flag
Exports $55.2kRnk 171 / 192
2023
Flag → Flag
Top Product $55.2kOther Edible Preparations
2023
Flag  
GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
 GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
GDP PC $597CURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195
2023
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GDP PC$30,133CURRENT US$
Rnk 47 / 196
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195

About

Somalia-Estonia Trade: In 2023, Somalia exported $7.07k to Estonia. The main products that Somalia exported to Estonia were Low-voltage Protection Equipment ($5.21k), Motor vehicles; parts and accessories (8701 to 8705) ($943), and Other Measuring Instruments ($624). Over the past 6 years the exports of Somalia to Estonia have increased at an annualized rate of 118%, from $66 in 2017 to $7.07k in 2023.

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

Estonia-Somalia Trade: In 2023, Estonia exported $55.2k to Somalia. The main products that Estonia exported to Somalia were Other Edible Preparations ($55.2k). Over the past 6 years the exports of Estonia to Somalia have increased at an annualized rate of 3.55%,  from $37.6k in 2017 to $55.2k in 2023.

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

Comparison In 2023,  Somalia ranked 161 in total exports ($1.03B). That same year, Estonia ranked 79 in total exports ($20B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Somalia exported $7.07k to Estonia. The main products exported from Somalia to Estonia were Low-voltage Protection Equipment ($5.21k), Motor vehicles; parts and accessories (8701 to 8705) ($943), and Other Measuring Instruments ($624). During the last 6 years the exports of Somalia to Estonia have increased at an annualized rate of 118%, from $66 in 2017 to $7.07k in 2023.

In 2018, Estonia exported $55.2k to Somalia. The main products exported from Estonia to Somalia were Other Edible Preparations ($55.2k). During the last 5 years the exports of Estonia to Somalia have increased at an annualized rate of 3.55%, from $37.6k in 2023 to $55.2k in 2018.

Exports from Somalia (Flag) to Estonia (Flag) (2023)

Exports from Estonia (Flag) to Somalia (Flag) (2023)

Latest Data

Trade between Somalia (Flag) and Estonia (Flag)

Estonia Exports

Date

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$360M
Estonia
Top DestinationFinland$2.71B

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

In 2023, countries that imported more from Somalia than Estonia included United Arab Emirates ($360M), Saudi Arabia ($283M), and Oman ($180M).

In 2023, countries that imported more from Estonia than Somalia included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

Difference in imports from Estonia (Flag) and Somalia (Flag) (2023)

Comparative Advantage Somalia - Estonia

Flow
Scale

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

During 2023, Somalia had a large net trade with Estonia in the exports of Machines ($5.49k), Transportation ($943), and Instruments ($624).

During 2018, Estonia had a large net trade with Somalia in the exports of Foodstuffs ($55.2k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Somalia and Estonia. This means that a dot/product with the flag of Somalia indicates it has a comparative advantage over Estonia. Similarly, a dot/product with the flag of Estonia indicates it has a comparative advantage over Somalia.

Product Space of Somalia (Flag) and Estonia (Flag) (2023)

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