2022
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GDP
$8.13BCURRENT US$
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2012-2022
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GDP GROWTH
0%CURRENT US$
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2022
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 GDP
$134BCURRENT US$
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2012-2022
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GDP GROWTH
25.5%CURRENT US$
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2022
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GDP PC 
$462CURRENT US$
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2012-2022
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GDP PC GROWTH
0%CURRENT US$
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2022
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GDP PC
$3,528CURRENT US$
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2012-2022
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GDP PC GROWTH
11.5%CURRENT US$
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About

Somalia-Morocco Trade: In 2022, Somalia exported $1.07M to Morocco. The main products that Somalia exported to Morocco were Insect Resins ($1.06M), Synthetic Fabrics ($7.72k), and Artificial Filament Yarn Woven Fabric ($1.1k). Over the past 5 years the exports of Somalia to Morocco have increased at an annualized rate of 32.5%, from $261k in 2017 to $1.07M in 2022.

In 2022, Somalia did not export any services to Morocco.

Morocco-Somalia Trade: In 2022, Morocco exported $809k to Somalia. The main products that Morocco exported to Somalia were Refined Petroleum ($494k), Insect Resins ($229k), and Packaged Medicaments ($60.1k). Over the past 5 years the exports of Morocco to Somalia have decreased at an annualized rate of 33.1%,  from $6.05M in 2017 to $809k in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $1.07M to Morocco. The main products exported from Somalia to Morocco were Insect Resins ($1.06M), Synthetic Fabrics ($7.72k), and Artificial Filament Yarn Woven Fabric ($1.1k). During the last 5 years the exports of Somalia to Morocco have increased at an annualized rate of 32.5%, from $261k in 2017 to $1.07M in 2022.

In 2017, Morocco exported $809k to Somalia. The main products exported from Morocco to Somalia were Refined Petroleum ($494k), Insect Resins ($229k), and Packaged Medicaments ($60.1k). During the last 5 years the exports of Morocco to Somalia have decreased at an annualized rate of 33.1%, from $6.05M in 2022 to $809k in 2017.

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

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

Latest Data

Trade between Somalia (Flag) and Morocco (Flag)

Morocco Exports

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$283M
Morocco
Top Destination
Spain$8.55B

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

In 2022, countries that imported more from Somalia than Morocco included Oman ($173M), United Arab Emirates ($283M), and Macau ($2.24M).

In 2022, countries that imported more from Morocco than Somalia included Spain ($8.55B), France ($7.92B), and India ($2.99B).

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

Comparative Advantage Somalia - Morocco

Flow
Scale

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

During 2022, Somalia had a large net trade with Morocco in the exports of Vegetable Products ($1.06M) and Textiles ($8.81k).

During 2017, Morocco had a large net trade with Somalia in the exports of Mineral Products ($494k), Vegetable Products ($229k), and Chemical Products ($60.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Morocco+$5.92kSynthetic Fabrics
Top Product Potential Morocco Somalia+$250kRefined 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 Morocco. This means that a dot/product with the flag of Somalia indicates it has a comparative advantage over Morocco. Similarly, a dot/product with the flag of Morocco indicates it has a comparative advantage over Somalia.

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

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