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Flag → Flag
Exports $147Rnk 100 / 0
2023
Flag  
GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
 GDP$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC $597CURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195
2023
Flag
GDP PC$1,378CURRENT US$
Rnk 169 / 196
2013-2023
Flag
GDP PC GROWTH71.5%CURRENT US$
Rnk 24 / 195

About

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

Nepal-Somalia Trade: In N/A, Nepal exported $147 to Somalia. The main products that Nepal exported to Somalia were N/A. Over the past N/A years the exports of Nepal to Somalia have decreased at an annualized rate of 0.4%,  from $150 in N/A to $147 in N/A.

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

Comparison In 2023,  Somalia ranked 161 in total exports ($1.03B). That same year, Nepal ranked 156 in total exports ($1.21B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Somalia does not register exports to Nepal.

In 2016, Nepal exported $147 to Somalia. There were not main exports from Nepal to Somalia in 2016. During the last 5 years the exports of Nepal to Somalia have decreased at an annualized rate of 0.4%, from $150 in 2021 to $147 in 2016.

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

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

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$360M
Nepal
Top DestinationIndia$811M

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

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

In 2023, countries that imported more from Nepal than Somalia included India ($811M), United States ($140M), and Germany ($38.8M).

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

Comparative Advantage Somalia - Nepal

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Nepal+$3.42kGold
Top Product Potential Nepal Somalia+$2.36kPalm Oil

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

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

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