Somalia (SOM) and Netherlands (NLD) Trade | The Observatory of Economic Complexity

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Somalia-Netherlands Trade: In 2023, Somalia exported $46.6k to Netherlands. The main products that Somalia exported to Netherlands were Trunks and Cases ($43.5k), Knit Sweaters ($1.71k), and Computers ($1.33k). Over the past 5 years the exports of Somalia to Netherlands have increased at an annualized rate of 168%, from $339 in 2018 to $46.6k in 2023.

In 2023, Somalia did not export any services to Netherlands.

Netherlands-Somalia Trade: In 2023, Netherlands exported $10.8M to Somalia. The main products that Netherlands exported to Somalia were Concentrated Milk ($1.63M), Packaged Medicaments ($1.47M), and Used Clothing ($719k). Over the past 5 years the exports of Netherlands to Somalia have decreased at an annualized rate of 6.96%, from $15.5M in 2018 to $10.8M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Somalia exported $46.6k to Netherlands. The main products exported from Somalia to Netherlands were Trunks and Cases ($43.5k), Knit Sweaters ($1.71k), and Computers ($1.33k). During the last 5 years the exports of Somalia to Netherlands have increased at an annualized rate of 168%, from $339 in 2018 to $46.6k in 2023.

In 2018, Netherlands exported $10.8M to Somalia. The main products exported from Netherlands to Somalia were Concentrated Milk ($1.63M), Packaged Medicaments ($1.47M), and Used Clothing ($719k). During the last 5 years the exports of Netherlands to Somalia have decreased at an annualized rate of 6.96%, from $15.5M in 2023 to $10.8M in 2018.

Exports from Somalia () to Netherlands () (2023)

Exports from Netherlands () to Somalia () (2023)

Latest Data

Trade between Somalia () and Netherlands ()

Netherlands Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationUnited Arab Emirates$360M

Netherlands
Top DestinationGermany$96.9B

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

In 2023, countries that imported more from Somalia than Netherlands included Djibouti ($84.2M).

In 2023, countries that imported more from Netherlands than Somalia included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

Difference in imports from Netherlands () and Somalia () (2023)

Comparative Advantage Somalia - Netherlands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Somalia had a large net trade with Netherlands in the exports of Animal Hides ($43.5k), Textiles ($1.71k), and Machines ($1.33k).

During 2018, Netherlands had a large net trade with Somalia in the exports of Animal Products ($2.89M), Chemical Products ($2.01M), and Machines ($1.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Somalia Netherlands+$213kOther Oily Seeds

Top Product Potential Netherlands Somalia+$2.14MPackaged Medicaments

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Somalia () to Netherlands () (2023)

Exports from Netherlands () to Somalia () (2023)

Latest Data

Trade between Somalia () and Netherlands ()

Netherlands Exports

Market Competitiveness

Difference in imports from Netherlands () and Somalia () (2023)

Comparative Advantage Somalia - Netherlands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Somalia () and Netherlands () (2023)

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