2022
Flag  
GDP
$8.13BCURRENT US$
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2012-2022
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GDP GROWTH
0%CURRENT US$
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2022
Flag
 GDP
$495BCURRENT US$
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2012-2022
Flag
GDP GROWTH
24.6%CURRENT US$
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2022
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GDP PC 
$462CURRENT US$
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2012-2022
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GDP PC GROWTH
0%CURRENT US$
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2022
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GDP PC
$6,909CURRENT US$
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2012-2022
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GDP PC GROWTH
20.2%CURRENT US$
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About

Somalia-Thailand Trade: In 2022, Somalia exported $526k to Thailand. The main products that Somalia exported to Thailand were Molluscs ($272k), Crustaceans ($250k), and Insect Resins ($1.59k). Over the past 5 years the exports of Somalia to Thailand have increased at an annualized rate of 9.66%, from $332k in 2017 to $526k in 2022.

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

Thailand-Somalia Trade: In 2022, Thailand exported $17.2M to Somalia. The main products that Thailand exported to Somalia were Processed Fish ($7.5M), Plastic Lids ($2.22M), and Packaged Medicaments ($766k). Over the past 5 years the exports of Thailand to Somalia have decreased at an annualized rate of 4.58%,  from $21.8M in 2017 to $17.2M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $526k to Thailand. The main products exported from Somalia to Thailand were Molluscs ($272k), Crustaceans ($250k), and Insect Resins ($1.59k). During the last 5 years the exports of Somalia to Thailand have increased at an annualized rate of 9.66%, from $332k in 2017 to $526k in 2022.

In 2017, Thailand exported $17.2M to Somalia. The main products exported from Thailand to Somalia were Processed Fish ($7.5M), Plastic Lids ($2.22M), and Packaged Medicaments ($766k). During the last 5 years the exports of Thailand to Somalia have decreased at an annualized rate of 4.58%, from $21.8M in 2022 to $17.2M in 2017.

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

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

Latest Data

Trade between Somalia (Flag) and Thailand (Flag)

Thailand Exports

Market Competitiveness

Color
Somalia
Top Destination
N/AN/A
Thailand
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Somalia - Thailand

Flow
Scale

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

During 2022, Somalia had a large net trade with Thailand in the exports of Animal Products ($523k), Vegetable Products ($1.65k), and Chemical Products ($1.09k).

During 2017, Thailand had a large net trade with Somalia in the exports of Foodstuffs ($8.31M), Plastics and Rubbers ($4.2M), and Machines ($1.63M).

Economic Complexity

Competitive Landscape

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

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

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