Zimbabwe (ZWE) and Somalia (SOM) Trade | The Observatory of Economic Complexity

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Zimbabwe-Somalia Trade: In 2023, Zimbabwe exported $14.8k to Somalia. The main products that Zimbabwe exported to Somalia were Other Plastic Products ($7.55k) and Non-Knit Active Wear ($7.28k). Over the past 7 years the exports of Zimbabwe to Somalia have increased at an annualized rate of 176%, from $12 in 2016 to $14.8k in 2023.

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

Somalia-Zimbabwe Trade: In 2023, Somalia exported $102 to Zimbabwe. The main products that Somalia exported to Zimbabwe were N/A. Over the past 7 years the exports of Somalia to Zimbabwe have increased at an annualized rate of 3.47%, from $86 in 2016 to $102 in 2023.

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

Comparison In 2023, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Zimbabwe exported $14.8k to Somalia. The main products exported from Zimbabwe to Somalia were Other Plastic Products ($7.55k) and Non-Knit Active Wear ($7.28k). During the last 7 years the exports of Zimbabwe to Somalia have increased at an annualized rate of 176%, from $12 in 2016 to $14.8k in 2023.

In 2017, Somalia exported $102 to Zimbabwe. There were not main exports from Somalia to Zimbabwe in 2017. During the last 5 years the exports of Somalia to Zimbabwe have increased at an annualized rate of 3.47%, from $86 in 2022 to $102 in 2017.

Exports from Zimbabwe () to Somalia () (2023)

Exports from Somalia () to Zimbabwe () (2023)

Latest Data

Trade between Zimbabwe () and Somalia ()

Zimbabwe Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zimbabwe
Top DestinationUnited Arab Emirates$4.1B

Somalia
Top DestinationUnited Arab Emirates$360M

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

In 2023, countries that imported more from Zimbabwe than Somalia included United Arab Emirates ($4.1B), China ($1.6B), and South Africa ($1.39B).

In 2023, countries that imported more from Somalia than Zimbabwe included Saudi Arabia ($283M), Oman ($180M), and Djibouti ($84.2M).

Difference in imports from Somalia () and Zimbabwe () (2023)

Comparative Advantage Zimbabwe - Somalia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Zimbabwe had a large net trade with Somalia in the exports of Plastics and Rubbers ($7.55k) and Textiles ($7.28k).

During 2017, Somalia had a large net trade with Zimbabwe in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zimbabwe Somalia+$2.03kRaw Sugar

Top Product Potential Somalia Zimbabwe+$2.46kGold

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Zimbabwe () to Somalia () (2023)

Exports from Somalia () to Zimbabwe () (2023)

Latest Data

Trade between Zimbabwe () and Somalia ()

Zimbabwe Exports

Market Competitiveness

Difference in imports from Somalia () and Zimbabwe () (2023)

Comparative Advantage Zimbabwe - Somalia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Zimbabwe () and Somalia () (2023)

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