2023
Flag  
GDP
$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 8 / 195
2023
Flag
 GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 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
$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 195

About

Somalia-Pakistan Trade: In 2023, Somalia exported $2.08M to Pakistan. The main products that Somalia exported to Pakistan were Other Hides and Skins ($1.24M), Industrial Fatty Acids, Oils and Alcohols ($721k), and Tanned Goat Hides ($96.7k). Over the past 5 years the exports of Somalia to Pakistan have decreased at an annualized rate of 18.9%, from $5.95M in 2018 to $2.08M in 2023.

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

Pakistan-Somalia Trade: In 2023, Pakistan exported $73.8M to Somalia. The main products that Pakistan exported to Somalia were Rice ($40.2M), Cement ($9.63M), and Confectionery Sugar ($3.25M). Over the past 5 years the exports of Pakistan to Somalia have increased at an annualized rate of 7.8%,  from $50.7M in 2018 to $73.8M in 2023.

In 2023, Pakistan 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, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Somalia exported $2.08M to Pakistan. The main products exported from Somalia to Pakistan were Other Hides and Skins ($1.24M), Industrial Fatty Acids, Oils and Alcohols ($721k), and Tanned Goat Hides ($96.7k). During the last 5 years the exports of Somalia to Pakistan have decreased at an annualized rate of 18.9%, from $5.95M in 2018 to $2.08M in 2023.

In 2018, Pakistan exported $73.8M to Somalia. The main products exported from Pakistan to Somalia were Rice ($40.2M), Cement ($9.63M), and Confectionery Sugar ($3.25M). During the last 5 years the exports of Pakistan to Somalia have increased at an annualized rate of 7.8%, from $50.7M in 2023 to $73.8M in 2018.

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

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

Latest Data

Trade between Somalia (Flag) and Pakistan (Flag)

Pakistan Exports

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$360M
Pakistan
Top Destination
United States$5.18B

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

In 2023, countries that imported more from Somalia than Pakistan included India ($30.9M) and Macau ($19.9M).

In 2023, countries that imported more from Pakistan than Somalia included United States ($5.18B), China ($3.4B), and United Arab Emirates ($3.7B).

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

Comparative Advantage Somalia - Pakistan

Flow
Scale

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

During 2023, Somalia had a large net trade with Pakistan in the exports of Animal Hides ($1.36M) and Chemical Products ($721k).

During 2018, Pakistan had a large net trade with Somalia in the exports of Vegetable Products ($43.1M), Mineral Products ($9.64M), and Foodstuffs ($9.35M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Pakistan+$679kScrap Iron
Top Product Potential Pakistan Somalia+$735kPackaged 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

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

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

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