GDP$17.4BCURRENT US$Rnk 124 / 186 GDP GROWTH56.2%CURRENT US$Rnk 48 / 186
GDP$8.13BCURRENT US$Rnk 148 / 186 GDP GROWTH0%CURRENT US$Rnk 165 / 186 GDP PC $1,303CURRENT US$Rnk 161 / 186GDP PC GROWTH17.1%CURRENT US$Rnk 95 / 186GDP PC$462CURRENT US$Rnk 183 / 186GDP PC GROWTH0%CURRENT US$Rnk 143 / 186In N/A, Benin did not export any services to Somalia.
Somalia-Benin In N/A, Somalia did not export any products to Benin.
In N/A, Somalia did not export any services to Benin.
Comparison In 2022, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B). That same year, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.
This map shows whether countries import more from Benin or Somalia. Each country is colored based on the difference in imports they receive from Benin and Somalia or the difference in the growth in imports.
In 2022, countries that imported more from Benin than Somalia included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).
In 2022, countries that imported more from Somalia than Benin included Oman ($173M), Bulgaria ($18.5M), and Kuwait ($13.5M).
) and Benin () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Benin and Somalia. This means that a dot/product with the flag of Benin indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Benin.
) and Somalia () (2021)
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