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Pricing

2020
Flag → Flag
Exports $156Rnk 140 / 0
2020
Flag → Flag
Exports $726kRnk 78 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.029Rnk 68 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$32.5BCURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP GROWTH51.9%CURRENT US$
Rnk 57 / 186
2022
Flag
GDP PC $462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC$5,127CURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP PC GROWTH47.7%CURRENT US$
Rnk 38 / 186

About

Somalia-El Salvador Trade: In 2020, Somalia exported $156 to El Salvador. The main products that Somalia exported to El Salvador were N/A. Over the past 8 years the exports of Somalia to El Salvador have decreased at an annualized rate of 51.5%, from $51k in 2012 to $156 in 2020.

In 2020, Somalia did not export any services to El Salvador.

El Salvador-Somalia In false, El Salvador did not export any products to Somalia.

In 2020, El Salvador 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, El Salvador ranked 68 in the Economic Complexity Index (ECI -0.029), and 114 in total exports ($7.47B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Somalia exported $156 to El Salvador. There were not main exports from Somalia to El Salvador in 2020. During the last 8 years the exports of Somalia to El Salvador have decreased at an annualized rate of 51.5%, from $51k in 2012 to $156 in 2020.

El Salvador does not register exports to Somalia.

Exports from Somalia (Flag) to El Salvador (Flag) (2020)

Exports from El Salvador (Flag) to Somalia (Flag) (2020)

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
El Salvador
Top DestinationUnited States$2.87B

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

In 2022, countries that imported more from Somalia than El Salvador included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).

In 2022, countries that imported more from El Salvador than Somalia included United States ($2.87B), Guatemala ($1.21B), and Honduras ($1.18B).

Difference in imports from El Salvador (Flag) and Somalia (Flag) (2022)

Comparative Advantage Somalia - El Salvador

Flow
Scale

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

During 2020, Somalia had a large net trade with El Salvador in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia El Salvador+$1.05kGold
Top Product Potential El Salvador Somalia+$2.17kRaw Sugar

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

Product Space of Somalia (Flag) and El Salvador (Flag) (2020)

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