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Pricing

2023
Flag → Flag
Exports $2.8MRnk 13 / 92
2023
Flag → Flag
Top Product $2.58MInsect Resins
2023
Flag → Flag
Exports $37.5MRnk 148 / 219
2023
Flag → Flag
Top Product $25.3MOther Edible Preparations
2023
Flag
Economic Complexity (ECI) ECI 1.34Rnk 16 / 132
2023
Flag  
GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
 GDP$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC $597CURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195
2023
Flag
GDP PC$44,691CURRENT US$
Rnk 30 / 196
2013-2023
Flag
GDP PC GROWTH4.74%CURRENT US$
Rnk 146 / 195

About

Somalia-France Trade: In 2023, Somalia exported $2.8M to France. The main products that Somalia exported to France were Insect Resins ($2.58M), Broadcasting Equipment ($88.1k), and Live Fish ($46.5k). Over the past 5 years the exports of Somalia to France have decreased at an annualized rate of 19.6%, from $8.35M in 2018 to $2.8M in 2023.

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

France-Somalia Trade: In 2023, France exported $37.5M to Somalia. The main products that France exported to Somalia were Other Edible Preparations ($25.3M), Malt Extract ($4.57M), and Air Pumps ($2M). Over the past 5 years the exports of France to Somalia have increased at an annualized rate of 14.5%,  from $19.1M in 2018 to $37.5M in 2023.

In 2023, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Somalia exported $2.8M to France. The main products exported from Somalia to France were Insect Resins ($2.58M), Broadcasting Equipment ($88.1k), and Live Fish ($46.5k). During the last 5 years the exports of Somalia to France have decreased at an annualized rate of 19.6%, from $8.35M in 2018 to $2.8M in 2023.

In 2018, France exported $37.5M to Somalia. The main products exported from France to Somalia were Other Edible Preparations ($25.3M), Malt Extract ($4.57M), and Air Pumps ($2M). During the last 5 years the exports of France to Somalia have increased at an annualized rate of 14.5%, from $19.1M in 2023 to $37.5M in 2018.

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

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

Latest Data

Trade between Somalia (Flag) and France (Flag)

France Exports

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$360M
France
Top DestinationGermany$72.8B

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

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

In 2023, countries that imported more from France than Somalia included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

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

Comparative Advantage Somalia - France

Flow
Scale

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

During 2023, Somalia had a large net trade with France in the exports of Vegetable Products ($2.58M), Machines ($112k), and Animal Products ($46.5k).

During 2018, France had a large net trade with Somalia in the exports of Foodstuffs ($30M), Machines ($4.82M), and Chemical Products ($695k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia France+$537kInsect Resins
Top Product Potential France Somalia+$1.2MPackaged Medicaments

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

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

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