2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
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About

United States-Somalia Trade: In 2022, United States exported $83.8M to Somalia. The main products that United States exported to Somalia were Wheat ($17.8M), Sorghum ($12.4M), and Other Edible Preparations ($10.1M). Over the past 5 years the exports of United States to Somalia have increased at an annualized rate of 4.68%, from $66.7M in 2017 to $83.8M in 2022.

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

Somalia-United States Trade: 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). Over the past 5 years the exports of Somalia to United States have decreased at an annualized rate of 3.79%,  from $995k in 2017 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 1.47),  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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of United States to Somalia have increased at an annualized rate of 4.68%, from $66.7M in 2017 to $83.8M in 2022.

In 2017, 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 5 years the exports of Somalia to United States have decreased at an annualized rate of 3.79%, from $995k in 2022 to $477k in 2017.

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

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

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Somalia
Top Destination
United 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 2022, countries that imported more from United States than Somalia included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, no countries were registered that imported more from Somalia than from United States.

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

Comparative Advantage United States - Somalia

Flow
Scale

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 2017, 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Somalia+$4.28MTelephones
Top Product Potential Somalia United States+$395kInsect Resins

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

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

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