2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186

About

In N/A, Venezuela did not export any services to Somalia.

Somalia-Venezuela In N/A, Somalia did not export any products to Venezuela.

In N/A, Somalia did not export any services to Venezuela.

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87),  and 132 in total exports ($4.3B). That same year, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value
Year

Venezuela does not register exports to Somalia.

Somalia does not register exports to Venezuela.

Exports from Venezuela (Flag) to Somalia (Flag) (2011)

Exports from Somalia (Flag) to Venezuela (Flag) (2011)

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Somalia
Top Destination
United Arab Emirates$283M

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

In 2022, countries that imported more from Venezuela than Somalia included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Somalia than Venezuela included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).

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

Comparative Advantage Venezuela - Somalia

Flow
Scale
Year

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Venezuela Somalia+N/AN/A
Top Product Potential Somalia Venezuela+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

Year

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

Product Space of Venezuela (Flag) and Somalia (Flag) (2011)

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