GDP$8.13BCURRENT US$Rnk 148 / 186 GDP GROWTH0%CURRENT US$Rnk 165 / 186
GDP$24.6BCURRENT US$Rnk 109 / 186 GDP GROWTH49.2%CURRENT US$Rnk 64 / 186 GDP PC $462CURRENT US$Rnk 183 / 186GDP PC GROWTH0%CURRENT US$Rnk 143 / 186GDP PC$6,628CURRENT US$Rnk 99 / 186GDP PC GROWTH49.9%CURRENT US$Rnk 36 / 186In 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).
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).
) to Georgia () (2022)) to Somalia () (2022)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).
) and Somalia () (2022)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.
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.
) and Georgia () (2022)
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