Somalia (SOM) and Iran (IRN) Trade | The Observatory of Economic Complexity

About

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

Iran-Somalia Trade: In N/A, Iran exported $30.9M to Somalia. The main products that Iran exported to Somalia were N/A. Over the past N/A years the exports of Iran to Somalia have increased at an annualized rate of 704%, from $919 in N/A to $30.9M in N/A.

In N/A, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Somalia does not register exports to Iran.

In 2016, Iran exported $30.9M to Somalia. There were not main exports from Iran to Somalia in 2016. During the last 17 years the exports of Iran to Somalia have increased at an annualized rate of 704%, from $919 in 1999 to $30.9M in 2016.

Exports from Somalia () to Iran () (2021)

Exports from Iran () to Somalia () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationUnited Arab Emirates$283M

Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Somalia than Iran included Macau ($2.24M), Israel ($13k), and Palestine ($7.72k).

In 2022, countries that imported more from Iran than Somalia included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Somalia - Iran

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2016, Iran had a large net trade with Somalia in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Somalia () to Iran () (2021)

Exports from Iran () to Somalia () (2021)

Market Competitiveness

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

Comparative Advantage Somalia - Iran

Economic Complexity

Competitive Landscape

Product Space of Somalia () and Iran () (2021)

Keep Exploring