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2022
Flag → Flag
Exports $542kRnk 29 / 95
2022
Flag → Flag
Top Product $413kVideo Recording Equipment
2022
Flag → Flag
Exports $1.4MRnk 171 / 217
2022
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Top Product $620kCars
2022
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Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
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GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
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 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 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
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GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Somalia-Sweden In 2022, Somalia exported $542k to Sweden. The main products that Somalia exported to Sweden are Video Recording Equipment ($413k), Other Pure Vegetable Oils ($44.9k), and Dried Legumes ($30k). During the last 26 years the exports of Somalia to Sweden have increased at an annualized rate of 11.2%, from $34.6k in 1996 to $542k in 2022.

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

Sweden-Somalia In 2022, Sweden exported $1.4M to Somalia. The main products that Sweden exported to Somalia were Cars ($620k), Used Clothing ($164k), and Chemical Analysis Instruments ($126k). During the last 26 years the exports of Sweden to Somalia have increased at an annualized rate of 10.1%, from $116k in 1996 to $1.4M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $542k to Sweden. The main products exported from Somalia to Sweden were Video Recording Equipment ($413k), Other Pure Vegetable Oils ($44.9k), and Dried Legumes ($30k). During the last 26 years the exports of Somalia to Sweden have increased at an annualized rate of 11.2%, from $34.6k in 1996 to $542k in 2022.

In 2022, Sweden exported $1.4M to Somalia. The main products exported from Sweden to Somalia were Cars ($620k), Used Clothing ($164k), and Chemical Analysis Instruments ($126k). During the last 27 years the exports of Sweden to Somalia have increased at an annualized rate of 10.1%, from $116k in 1995 to $1.4M in 2022.

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

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

Latest Data

Trade between Somalia (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Sweden
Top DestinationGermany$19.2B

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

In 2021, countries that imported more from Somalia than Sweden were Oman ($173M).

In 2021, countries that imported more from Sweden than Somalia were Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Somalia - Sweden

Flow
Scale

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

During 2022, Somalia had a large net trade with Sweden in the exports of Machines ($413k), Vegetable Products ($72.6k), and Animal and Vegetable Bi-Products ($44.9k).

During 2022, Sweden had a large net trade with Somalia in the exports of Transportation ($686k), Textiles ($238k), and Instruments ($192k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Somalia has comparative advantage over Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Somalia.

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

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