GDP$11BCURRENT US$Rnk 148 / 195 GDP GROWTH117%CURRENT US$Rnk 8 / 195
GDP$251BCURRENT US$Rnk 52 / 195 GDP GROWTH6.91%CURRENT US$Rnk 164 / 195 GDP PC $597CURRENT US$Rnk 191 / 195GDP PC GROWTH51.9%CURRENT US$Rnk 45 / 195GDP PC$5,565CURRENT US$Rnk 118 / 196GDP PC GROWTH-16.3%CURRENT US$Rnk 174 / 195In N/A, Somalia did not export any services to Iraq.
Iraq-Somalia In false, Iraq did not export any products to Somalia.
In N/A, Iraq 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, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).
This map shows whether countries import more from Somalia or Iraq. Each country is colored based on the difference in imports they receive from Somalia and Iraq or the difference in the growth in imports.
In 2023, countries that imported more from Somalia than Iraq included Saudi Arabia ($283M), Djibouti ($84.2M), and Macau ($19.9M).
In 2023, countries that imported more from Iraq than Somalia included China ($35.5B), India ($29.8B), and United States ($8.92B).
) and Somalia () (2023)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 Iraq. This means that a dot/product with the flag of Somalia indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Somalia.
) and Iraq () (2014)
Tariffs Simulator (BETA)
Chat OEC
Company Explorer
Tree map
Stacked
Network
Map
Scatter
