2022
Flag  
GDP
$237BCURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP GROWTH
27%CURRENT US$
Rnk 105 / 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 
$88,046CURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP PC GROWTH
-10.2%CURRENT US$
Rnk 163 / 186
2022
Flag
GDP PC
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186

About

Qatar-Somalia Trade: In 2022, Qatar exported $62.3k to Somalia. The main products that Qatar exported to Somalia were Refined Petroleum ($62.3k). Over the past 8 years the exports of Qatar to Somalia have increased at an annualized rate of 12.8%, from $23.8k in 2014 to $62.3k in 2022.

In 2022, Qatar did not export any services to Somalia.

Somalia-Qatar Trade: In 2022, Somalia exported $8.77M to Qatar. The main products that Somalia exported to Qatar were Sheep and Goats ($8.1M), Citrus ($351k), and Bovine ($294k). Over the past 8 years the exports of Somalia to Qatar have increased at an annualized rate of 90%,  from $354k in 2014 to $8.77M in 2022.

In 2022, Somalia did not export any services to Qatar.

Comparison In 2022,  Qatar ranked 71 in the Economic Complexity Index (ECI -0.15),  and 38 in total exports ($119B). 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

In 2022, Qatar exported $62.3k to Somalia. The main products exported from Qatar to Somalia were Refined Petroleum ($62.3k). During the last 8 years the exports of Qatar to Somalia have increased at an annualized rate of 12.8%, from $23.8k in 2014 to $62.3k in 2022.

In 2017, Somalia exported $8.77M to Qatar. The main products exported from Somalia to Qatar were Sheep and Goats ($8.1M), Citrus ($351k), and Bovine ($294k). During the last 5 years the exports of Somalia to Qatar have increased at an annualized rate of 90%, from $354k in 2022 to $8.77M in 2017.

Exports from Qatar (Flag) to Somalia (Flag) (2022)

Exports from Somalia (Flag) to Qatar (Flag) (2022)

Latest Data

Trade between Qatar (Flag) and Somalia (Flag)

Qatar Exports

Market Competitiveness

Color
Qatar
Top Destination
China$21.1B
Somalia
Top Destination
United Arab Emirates$283M

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

In 2022, countries that imported more from Qatar than Somalia included China ($21.1B), India ($17.4B), and Japan ($12B).

In 2022, countries that imported more from Somalia than Qatar included Bahrain ($9M), Israel ($13k), and Dominican Republic ($3.54k).

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

Comparative Advantage Qatar - Somalia

Flow
Scale

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

During 2022, Qatar had a large net trade with Somalia in the exports of Mineral Products ($62.3k).

During 2017, Somalia had a large net trade with Qatar in the exports of Animal Products ($8.4M), Vegetable Products ($351k), and Miscellaneous ($20.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Qatar Somalia+$276kRefined Petroleum
Top Product Potential Somalia Qatar+$184kBovine

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of Qatar (Flag) and Somalia (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with