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Pricing

2022
Flag → Flag
Exports $10.1MRnk 134 / 214
2022
Flag → Flag
Top Product $972kElectrical Power Accessories
2022
Flag → Flag
Exports $150kRnk 38 / 95
2022
Flag → Flag
Top Product $65.7kInsect Resins
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
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 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
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GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC $6,776CURRENT US$
Rnk 95 / 186
2012-2022
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GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
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GDP PC$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

South Africa-Somalia Trade: In 2022, South Africa exported $10.1M to Somalia. The main products that South Africa exported to Somalia were Electrical Power Accessories ($972k), Other Processed Fruits and Nuts ($903k), and Apples and Pears ($679k). Over the past 5 years the exports of South Africa to Somalia have decreased at an annualized rate of 4.1%, from $12.4M in 2017 to $10.1M in 2022.

In 2022, South Africa did not export any services to Somalia.

Somalia-South Africa Trade: In 2022, Somalia exported $150k to South Africa. The main products that Somalia exported to South Africa were Insect Resins ($65.7k), Other Oily Seeds ($34.8k), and Hand-Woven Rugs ($31k). Over the past 5 years the exports of Somalia to South Africa have increased at an annualized rate of 41.3%,  from $26.7k in 2017 to $150k in 2022.

In 2022, Somalia did not export any services to South Africa.

Comparison In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076),  and 34 in total exports ($147B). That same year, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, South Africa exported ZAR9.77M and imported ZAR145k from Somalia, resulting in a positive trade balance of ZAR9.62M. Between September 2023 and September 2024 the exports of South Africa have decreased by ZAR-6.61M (-40.4%) from ZAR16.4M to ZAR9.77M, while imports increased by ZAR144k (26.4k%) from ZAR546 to ZAR145k.

Trade In September 2024, the top exports of South Africa to Somalia were Other Processed Fruits and Nuts (ZAR19.5M), Olive Oil (ZAR1.94M), Corn (ZAR1.57M), Processed Fish (ZAR1.22M), and Other Processed Vegetables (ZAR766k). In September 2024 the top imports of South Africa from Somalia were .

Origins In September 2024 the exports of South Africa were mainly from Cape Town (ZAR3.48M), Durban (ZAR3.07M), Port Elizabeth (ZAR1.89M), O.R. Tambo Int Airport (ZAR934k), and Johannesburg (ZAR391k), while imports destinations were mainly O.R. Tambo Int Airport (ZAR145k).

Growth In September 2024, the decrease in South Africa's year-by-year exports to Somalia was explained primarily by an decrease in product exports in . In September 2024, the increase in South Africa's year-by-year imports  from Somalia was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)ZAR-6.61M(-40.4%)
IMPORT GROWTH (September 2023 - September 2024)ZAR144k(26.4k%)
MAIN EXPORTER (September 2024)Cape TownZAR3.48M

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

To check Somalia and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Somalia and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $10.1M to Somalia. The main products exported from South Africa to Somalia were Electrical Power Accessories ($972k), Other Processed Fruits and Nuts ($903k), and Apples and Pears ($679k). During the last 5 years the exports of South Africa to Somalia have decreased at an annualized rate of 4.1%, from $12.4M in 2017 to $10.1M in 2022.

In 2017, Somalia exported $150k to South Africa. The main products exported from Somalia to South Africa were Insect Resins ($65.7k), Other Oily Seeds ($34.8k), and Hand-Woven Rugs ($31k). During the last 5 years the exports of Somalia to South Africa have increased at an annualized rate of 41.3%, from $26.7k in 2022 to $150k in 2017.

Exports from South Africa (Flag) to Somalia (Flag) (2022)

Exports from Somalia (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Somalia
Top DestinationUnited Arab Emirates$283M

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

In 2022, countries that imported more from South Africa than Somalia included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2022, countries that imported more from Somalia than South Africa included Oman ($173M).

Difference in imports from Somalia (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Somalia

Flow
Scale

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

During 2022, South Africa had a large net trade with Somalia in the exports of Machines ($2.08M), Foodstuffs ($1.72M), and Vegetable Products ($1.65M).

During 2017, Somalia had a large net trade with South Africa in the exports of Vegetable Products ($103k), Textiles ($34.5k), and Machines ($4.97k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Somalia+$375kMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Somalia South Africa+$95.8kInsect 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 South Africa and Somalia. This means that a dot/product with the flag of South Africa indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over South Africa.

Product Space of South Africa (Flag) and Somalia (Flag) (2022)

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