2023
Flag  
GDP
$48.5BCURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP GROWTH
-0.32%CURRENT US$
Rnk 171 / 195
2023
Flag
 GDP
$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC 
$3,978CURRENT US$
Rnk 131 / 195
2013-2023
Flag
GDP PC GROWTH
-8.97%CURRENT US$
Rnk 166 / 195
2023
Flag
GDP PC
$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH
51.9%CURRENT US$
Rnk 45 / 195

About

Tunisia-Somalia Trade: In 2023, Tunisia exported $160k to Somalia. The main products that Tunisia exported to Somalia were Olive Oil ($80.6k), Pasta ($71k), and Centrifuges ($8.58k). Over the past 5 years the exports of Tunisia to Somalia have decreased at an annualized rate of 14.3%, from $346k in 2018 to $160k in 2023.

In 2023, Tunisia did not export any services to Somalia.

Somalia-Tunisia Trade: In 2023, Somalia exported $41 to Tunisia. The main products that Somalia exported to Tunisia were Essential Oils ($30) and Wrenches ($11). Over the past 5 years the exports of Somalia to Tunisia have decreased at an annualized rate of 57.5%,  from $2.96k in 2018 to $41 in 2023.

In 2023, Somalia did not export any services to Tunisia.

Comparison In 2023,  Tunisia ranked 56 in the Economic Complexity Index (ECI 0.13),  and 74 in total exports ($23.1B). That same year, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Tunisia exported $160k to Somalia. The main products exported from Tunisia to Somalia were Olive Oil ($80.6k), Pasta ($71k), and Centrifuges ($8.58k). During the last 5 years the exports of Tunisia to Somalia have decreased at an annualized rate of 14.3%, from $346k in 2018 to $160k in 2023.

In 2018, Somalia exported $41 to Tunisia. The main products exported from Somalia to Tunisia were Essential Oils ($30) and Wrenches ($11). During the last 5 years the exports of Somalia to Tunisia have decreased at an annualized rate of 57.5%, from $2.96k in 2023 to $41 in 2018.

Exports from Tunisia (Flag) to Somalia (Flag) (2023)

Exports from Somalia (Flag) to Tunisia (Flag) (2023)

Market Competitiveness

Color
Tunisia
Top Destination
France$5.19B
Somalia
Top Destination
United Arab Emirates$360M

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

In 2023, countries that imported more from Tunisia than Somalia included France ($5.19B), Italy ($3.87B), and Germany ($3.09B).

In 2023, countries that imported more from Somalia than Tunisia included Saudi Arabia ($283M), United Arab Emirates ($360M), and Oman ($180M).

Difference in imports from Somalia (Flag) and Tunisia (Flag) (2023)

Comparative Advantage Tunisia - Somalia

Flow
Scale

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

During 2023, Tunisia had a large net trade with Somalia in the exports of Animal and Vegetable Bi-Products ($80.6k), Foodstuffs ($71k), and Machines ($8.58k).

During 2018, Somalia had a large net trade with Tunisia in the exports of Chemical Products ($30) and Metals ($11).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tunisia Somalia+$2.57kTelephones
Top Product Potential Somalia Tunisia+$2.25kGold

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Tunisia (Flag) and Somalia (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with