2022
Flag  
GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP
$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH
90.9%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC 
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC
$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH
39.5%CURRENT US$
Rnk 49 / 186

About

Somalia-Tanzania Trade: In 2022, Somalia exported $30k to Tanzania. The main products that Somalia exported to Tanzania were Crustaceans ($27.2k), Processed Crustaceans ($1.68k), and Scarves ($1.13k). Over the past 7 years the exports of Somalia to Tanzania have decreased at an annualized rate of 31.5%, from $426k in 2015 to $30k in 2022.

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

Tanzania-Somalia Trade: In 2022, Tanzania exported $1.07M to Somalia. The main products that Tanzania exported to Somalia were Beauty Products ($561k), Fruit Juice ($200k), and Flavored Water ($107k). Over the past 7 years the exports of Tanzania to Somalia have decreased at an annualized rate of 2.07%,  from $1.19M in 2015 to $1.07M in 2022.

In 2022, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $30k to Tanzania. The main products exported from Somalia to Tanzania were Crustaceans ($27.2k), Processed Crustaceans ($1.68k), and Scarves ($1.13k). During the last 7 years the exports of Somalia to Tanzania have decreased at an annualized rate of 31.5%, from $426k in 2015 to $30k in 2022.

In 2017, Tanzania exported $1.07M to Somalia. The main products exported from Tanzania to Somalia were Beauty Products ($561k), Fruit Juice ($200k), and Flavored Water ($107k). During the last 5 years the exports of Tanzania to Somalia have decreased at an annualized rate of 2.07%, from $1.19M in 2022 to $1.07M in 2017.

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

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

Latest Data

Trade between Somalia (Flag) and Tanzania (Flag)

Tanzania Exports

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$283M
Tanzania
Top Destination
India$2.73B

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

In 2022, countries that imported more from Somalia than Tanzania included Oman ($173M), Cote d'Ivoire ($1.46M), and Argentina ($987k).

In 2022, countries that imported more from Tanzania than Somalia included India ($2.73B), South Africa ($939M), and United Arab Emirates ($1.07B).

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

Comparative Advantage Somalia - Tanzania

Flow
Scale

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

During 2022, Somalia had a large net trade with Tanzania in the exports of Animal Products ($27.2k), Foodstuffs ($1.68k), and Textiles ($1.13k).

During 2017, Tanzania had a large net trade with Somalia in the exports of Chemical Products ($565k), Foodstuffs ($307k), and Mineral Products ($95.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Tanzania+$8.51kCrustaceans
Top Product Potential Tanzania Somalia+$127kFlavored Water

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

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

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