2022
Flag  
GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC 
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186

About

In N/A, Somalia did not export any services to Georgia.

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

In N/A, Georgia 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, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth
Value

Somalia does not register exports to Georgia.

Georgia does not register exports to Somalia. The main products exported from Georgia to Somalia were Packaged Medicaments ($79.2k), Wheat Flours ($32.8k), and Other Edible Preparations ($14.4k).

Exports from Somalia (Flag) to Georgia (Flag) (2022)

Exports from Georgia (Flag) to Somalia (Flag) (2022)

Latest Data

Trade between Somalia (Flag) and Georgia (Flag)

Georgia Exports

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$283M
Georgia
Top Destination
China$759M

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

In 2022, countries that imported more from Somalia than Georgia included United Arab Emirates ($283M), Oman ($173M), and Bahrain ($9M).

In 2022, countries that imported more from Georgia than Somalia included China ($759M), Azerbaijan ($668M), and Russia ($642M).

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

Comparative Advantage Somalia - Georgia

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Georgia+$1.04kNon-fillet Frozen Fish
Top Product Potential Georgia Somalia+$1.49kRefined 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 Georgia. This means that a dot/product with the flag of Somalia indicates it has a comparative advantage over Georgia. Similarly, a dot/product with the flag of Georgia indicates it has a comparative advantage over Somalia.

Product Space of Somalia (Flag) and Georgia (Flag) (2022)

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