United States (USA) and Somalia (SOM) Trade | The Observatory of Economic Complexity

- Company Explorer
  PREMIUM
- Trend Explorer
  PRO
- - Tree map
  - Stacked
  - Network
  - Map
  - Scatter
- Data Availability
- - API Documentation
    PRO
  - Notebooks
    NEW
  - Data Explorer
    PRO
- - Bill of Lading
    PREMIUM
  - National Datasets
    PREMIUM
  - Product Datasets
    NEW
  - International Datasets
- - Countries (ECI)
  - Products (PCI)
- ECI Legacy Rankings
- PCI Legacy Rankings

Pricing

United States (USA) and Somalia (SOM) Trade

2022

→

Exports $83.8MRnk 164 / 219

2022

→

About

United States-Somalia In 2022, United States exported $83.8M to Somalia. The main products that United States exported to Somalia are Wheat ($17.8M), Sorghum ($12.4M), and Other Edible Preparations ($10.1M). During the last 27 years the exports of United States to Somalia have increased at an annualized rate of 9.13%, from $7.92M in 1995 to $83.8M in 2022.

In 2022, United States did not export any services to Somalia.

Somalia-United States In 2022, Somalia exported $477k to United States. The main products that Somalia exported to United States were Other Pure Vegetable Oils ($180k), Insect Resins ($139k), and Jewellery ($76.7k). During the last 27 years the exports of Somalia to United States have increased at an annualized rate of 6.24%, from $93.2k in 1995 to $477k in 2022.

In 2022, Somalia did not export any services to United States.

Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

COMPANIES In 2023, leading companies such as were at the forefront of exporting goods from Somalia to the United States. Conversely, were notable for importing Somalia products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $1.23M and imported $136k from Somalia, resulting in a positive trade balance of $1.09M. Between January 2023 and January 2024 the exports of United States have increased by $424k (52.7%) from $805k to $1.23M, while imports decreased by $-650k (-82.7%) from $787k to $136k.

Trade In January 2024, the top exports of United States to Somalia were Poultry Meat ($155k), Telephones ($101k), Aircraft Parts ($100k), Other Plastic Products ($94.2k), and Plastic Housewares ($77.8k). In January 2024 the top imports of United States from Somalia were Commodities not elsewhere specified ($690k), Other Pure Vegetable Oils ($60.7k), Insect Resins ($18.3k), and Collector's Items ($18.1k).

Origins In January 2024 the exports of United States were mainly from New York ($401k), North Carolina ($194k), Maryland ($179k), Florida ($116k), and Texas ($108k), while imports destinations were mainly Arizona ($102k), Florida ($22.9k), Pennsylvania ($3.72k), Montana ($2.74k), and Minnesota ($2.52k).

Growth In January 2024, the increase in United States's year-by-year exports to Somalia was explained primarily by an increase in product exports in Poultry Meat ($95.7k or 161%), Other Plastic Products ($89.8k or 2.02k%), and Plastic Housewares ($17.2k or 28.3%). In January 2024, the decrease in United States's year-by-year imports from Somalia was explained primarily by an decrease in product imports in Insect Resins ($-53.9k or -74.7%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$424k(52.7%)

IMPORT GROWTH (January 2023 - January 2024)$-650k(-82.7%)

MAIN EXPORTER (January 2024)New York$401k

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Somalia and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Somalia and United States Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $83.8M to Somalia. The main products exported from United States to Somalia were Wheat ($17.8M), Sorghum ($12.4M), and Other Edible Preparations ($10.1M). During the last 27 years the exports of United States to Somalia have increased at an annualized rate of 9.13%, from $7.92M in 1995 to $83.8M in 2022.

In 2022, Somalia exported $477k to United States. The main products exported from Somalia to United States were Other Pure Vegetable Oils ($180k), Insect Resins ($139k), and Jewellery ($76.7k). During the last 27 years the exports of Somalia to United States have increased at an annualized rate of 6.24%, from $93.2k in 1995 to $477k in 2022.

Exports from United States () to Somalia () (2022)

Exports from Somalia () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2021, countries that imported more from United States than Somalia were Canada ($308B), Mexico ($294B), and China ($151B).

In 2019, no countries were registered that imported more from Somalia than from United States.

Difference in imports from Somalia () and United States () (2022)

Comparative Advantage United States - Somalia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United States had a large net trade with Somalia in the exports of Vegetable Products ($36.6M), Foodstuffs ($10.3M), and Transportation ($8.44M).

During 2022, Somalia had a large net trade with United States in the exports of Animal and Vegetable Bi-Products ($180k), Vegetable Products ($154k), and Precious Metals ($79.4k).

Economic Complexity

Competitive Landscape

Year

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 United States has comparative advantage over Somalia. Similarly, the more yellow a dot/product is, the more Somalia has comparative advantage over United States.

Product Space of United States () and Somalia () (2022)

Keep Exploring

United States
Sierra Leone
United States
South Sudan
Saint Vincent and the Grenadines
Somalia
British Virgin Islands
Somalia

Have questions, comments, or concerns?
Send us an e-mail: [email protected]

Follow @OECtoday on

Created, Designed, and Developed by:

In collaboration with

About the OEC Privacy Policy Terms