Somalia (SOM) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Somalia-Philippines Trade: In 2023, Somalia exported $7.61k to Philippines. The main products that Somalia exported to Philippines were Gaskets ($6.15k) and Particle Board ($1.47k). Over the past 5 years the exports of Somalia to Philippines have decreased at an annualized rate of 11.7%, from $14.2k in 2018 to $7.61k in 2023.

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

Philippines-Somalia Trade: In 2023, Philippines exported $6.92k to Somalia. The main products that Philippines exported to Somalia were Broadcasting Equipment ($6.12k) and Telephones ($800). Over the past 5 years the exports of Philippines to Somalia have decreased at an annualized rate of 26.4%, from $43.5k in 2018 to $6.92k in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Somalia exported $7.61k to Philippines. The main products exported from Somalia to Philippines were Gaskets ($6.15k) and Particle Board ($1.47k). During the last 5 years the exports of Somalia to Philippines have decreased at an annualized rate of 11.7%, from $14.2k in 2018 to $7.61k in 2023.

In 2018, Philippines exported $6.92k to Somalia. The main products exported from Philippines to Somalia were Broadcasting Equipment ($6.12k) and Telephones ($800). During the last 5 years the exports of Philippines to Somalia have decreased at an annualized rate of 26.4%, from $43.5k in 2023 to $6.92k in 2018.

Exports from Somalia () to Philippines () (2023)

Exports from Philippines () to Somalia () (2023)

Latest Data

Trade between Somalia () and Philippines ()

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Somalia
Top DestinationUnited Arab Emirates$360M

Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Somalia than Philippines included Oman ($180M), Saudi Arabia ($283M), and Djibouti ($84.2M).

In 2023, countries that imported more from Philippines than Somalia included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Somalia - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Somalia had a large net trade with Philippines in the exports of Machines ($6.15k) and Wood Products ($1.47k).

During 2018, Philippines had a large net trade with Somalia in the exports of Machines ($6.92k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Somalia Philippines+$3.55kGold

Top Product Potential Philippines Somalia+$3.51kComputers

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

About

Historical Data

Bilateral Trade by Products

Exports from Somalia () to Philippines () (2023)

Exports from Philippines () to Somalia () (2023)

Latest Data

Trade between Somalia () and Philippines ()

Philippines Exports

Market Competitiveness

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

Comparative Advantage Somalia - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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