2023
Flag  
GDP
$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 8 / 195
2023
Flag
 GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
Flag
GDP PC 
$597CURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP PC GROWTH
51.9%CURRENT US$
Rnk 45 / 195
2023
Flag
GDP PC
$12,919CURRENT US$
Rnk 79 / 196
2013-2023
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195

About

Somalia-Kazakhstan Trade: In 2021, Somalia exported $151k to Kazakhstan. The main products that Somalia exported to Kazakhstan were N/A. Over the past 8 years the exports of Somalia to Kazakhstan have increased at an annualized rate of 49.1%, from $6.15k in 2013 to $151k in 2021.

In 2021, Somalia did not export any services to Kazakhstan.

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

In 2021, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Somalia exported $151k to Kazakhstan. There were not main exports from Somalia to Kazakhstan in 2021. During the last 8 years the exports of Somalia to Kazakhstan have increased at an annualized rate of 49.1%, from $6.15k in 2013 to $151k in 2021.

Kazakhstan does not register exports to Somalia. The main products exported from Kazakhstan to Somalia were Other Engines ($112k), Other Electrical Machinery ($79.8k), and Aircraft parts (gliders, balloons, and powered aircraft) ($72.9k).

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

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

Latest Data

Trade between Somalia (Flag) and Kazakhstan (Flag)

Kazakhstan Exports

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$360M
Kazakhstan
Top Destination
China$15.2B

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

In 2023, countries that imported more from Somalia than Kazakhstan included Saudi Arabia ($283M), Oman ($180M), and United Arab Emirates ($360M).

In 2023, countries that imported more from Kazakhstan than Somalia included China ($15.2B), United Kingdom ($14.3B), and Russia ($9.78B).

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

Comparative Advantage Somalia - Kazakhstan

Flow
Scale

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

During 2021, Somalia had a large net trade with Kazakhstan in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Kazakhstan+$3.26kGold
Top Product Potential Kazakhstan Somalia+$23.7kElectrical Transformers

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

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

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