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2022
Flag → Flag
Exports $118kRnk 41 / 95
2022
Flag → Flag
Top Product $53.4kOther Oily Seeds
2022
Flag → Flag
Exports $14.4MRnk 88 / 200
2022
Flag → Flag
Top Product $14.1MSawn Wood
2022
Flag
Economic Complexity (ECI) ECI 1.45Rnk 11 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$62.1BCURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP GROWTH33.4%CURRENT US$
Rnk 92 / 186
2022
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GDP PC $462CURRENT US$
Rnk 183 / 186
2012-2022
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GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC$29,457CURRENT US$
Rnk 39 / 186
2012-2022
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GDP PC GROWTH30.1%CURRENT US$
Rnk 63 / 186

About

Somalia-Slovenia Trade: In 2022, Somalia exported $118k to Slovenia. The main products that Somalia exported to Slovenia were Other Oily Seeds ($53.4k), Other Plastic Products ($28.7k), and Essential Oils ($22.1k). Over the past 5 years the exports of Somalia to Slovenia have decreased at an annualized rate of 11.3%, from $214k in 2017 to $118k in 2022.

In 2022, Somalia did not export any services to Slovenia.

Slovenia-Somalia Trade: In 2022, Slovenia exported $14.4M to Somalia. The main products that Slovenia exported to Somalia were Sawn Wood ($14.1M), Milk ($207k), and Wood Carpentry ($50k). Over the past 5 years the exports of Slovenia to Somalia have increased at an annualized rate of 86.6%,  from $637k in 2017 to $14.4M in 2022.

In 2022, Slovenia 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, Slovenia ranked 11 in the Economic Complexity Index (ECI 1.45), and 56 in total exports ($56B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $118k to Slovenia. The main products exported from Somalia to Slovenia were Other Oily Seeds ($53.4k), Other Plastic Products ($28.7k), and Essential Oils ($22.1k). During the last 5 years the exports of Somalia to Slovenia have decreased at an annualized rate of 11.3%, from $214k in 2017 to $118k in 2022.

In 2017, Slovenia exported $14.4M to Somalia. The main products exported from Slovenia to Somalia were Sawn Wood ($14.1M), Milk ($207k), and Wood Carpentry ($50k). During the last 5 years the exports of Slovenia to Somalia have increased at an annualized rate of 86.6%, from $637k in 2022 to $14.4M in 2017.

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

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

Latest Data

Trade between Somalia (Flag) and Slovenia (Flag)

Slovenia Exports

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Slovenia
Top DestinationSwitzerland$9.92B

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

In 2022, countries that imported more from Somalia than Slovenia included United Arab Emirates ($283M), Oman ($173M), and Macau ($2.24M).

In 2022, countries that imported more from Slovenia than Somalia included Switzerland ($9.92B), Germany ($7.92B), and Italy ($6.28B).

Difference in imports from Slovenia (Flag) and Somalia (Flag) (2022)

Comparative Advantage Somalia - Slovenia

Flow
Scale

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

During 2022, Somalia had a large net trade with Slovenia in the exports of Vegetable Products ($53.4k), Plastics and Rubbers ($28.7k), and Chemical Products ($23.6k).

During 2017, Slovenia had a large net trade with Somalia in the exports of Wood Products ($14.1M), Animal Products ($207k), and Machines ($72.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Slovenia+$34.8kOther Oily Seeds
Top Product Potential Slovenia Somalia+$92.3kTelephones

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

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

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