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Pricing

2022
Flag → Flag
Exports $1.46MRnk 19 / 95
2022
Flag → Flag
Top Product $1.46MNon-fillet Frozen Fish
2022
Flag → Flag
Exports $2.08MRnk 94 / 160
2022
Flag → Flag
Top Product $2.02MBeauty Products
2022
Flag
Economic Complexity (ECI) ECI -1.1Rnk 117 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$70BCURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP GROWTH92.9%CURRENT US$
Rnk 16 / 186
2022
Flag
GDP PC $462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC$2,486CURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP PC GROWTH50.8%CURRENT US$
Rnk 33 / 186

About

Somalia-Cote d'Ivoire Trade: In 2022, Somalia exported $1.46M to Cote d'Ivoire. The main products that Somalia exported to Cote d'Ivoire were Non-fillet Frozen Fish ($1.46M). Over the past 5 years the exports of Somalia to Cote d'Ivoire have decreased at an annualized rate of 13%, from $2.93M in 2017 to $1.46M in 2022.

In 2022, Somalia did not export any services to Cote d'Ivoire.

Cote d'Ivoire-Somalia Trade: In 2022, Cote d'Ivoire exported $2.08M to Somalia. The main products that Cote d'Ivoire exported to Somalia were Beauty Products ($2.02M), Cleaning Products ($30k), and Soap ($11.5k). Over the past 5 years the exports of Cote d'Ivoire to Somalia have increased at an annualized rate of 73%,  from $44.8k in 2017 to $2.08M in 2022.

In 2022, Cote d'Ivoire did not export any services to Somalia.

Comparison In 2022,  Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index. That same year, Cote d'Ivoire ranked 117 in the Economic Complexity Index (ECI -1.1), and 81 in total exports ($17.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $1.46M to Cote d'Ivoire. The main products exported from Somalia to Cote d'Ivoire were Non-fillet Frozen Fish ($1.46M). During the last 5 years the exports of Somalia to Cote d'Ivoire have decreased at an annualized rate of 13%, from $2.93M in 2017 to $1.46M in 2022.

In 2017, Cote d'Ivoire exported $2.08M to Somalia. The main products exported from Cote d'Ivoire to Somalia were Beauty Products ($2.02M), Cleaning Products ($30k), and Soap ($11.5k). During the last 5 years the exports of Cote d'Ivoire to Somalia have increased at an annualized rate of 73%, from $44.8k in 2022 to $2.08M in 2017.

Exports from Somalia (Flag) to Cote d'Ivoire (Flag) (2022)

Exports from Cote d'Ivoire (Flag) to Somalia (Flag) (2022)

Latest Data

Trade between Somalia (Flag) and Cote d'Ivoire (Flag)

Cote d'Ivoire Exports

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Cote d'Ivoire
Top DestinationSwitzerland$1.6B

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

In 2022, countries that imported more from Somalia than Cote d'Ivoire included Oman ($173M), United Arab Emirates ($283M), and Kuwait ($13.5M).

In 2022, countries that imported more from Cote d'Ivoire than Somalia included Switzerland ($1.6B), Mali ($1.46B), and Netherlands ($1.43B).

Difference in imports from Cote d'Ivoire (Flag) and Somalia (Flag) (2022)

Comparative Advantage Somalia - Cote d'Ivoire

Flow
Scale

This chart compares trade between Somalia and Cote d'Ivoire by product, considering products traded by both, Somalia and Cote d'Ivoire.

During 2022, Somalia had a large net trade with Cote d'Ivoire in the exports of Animal Products ($1.46M).

During 2017, Cote d'Ivoire had a large net trade with Somalia in the exports of Chemical Products ($2.08M) and Vegetable Products ($89).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Cote d'Ivoire+$1.74kNon-fillet Frozen Fish
Top Product Potential Cote d'Ivoire Somalia+$2.42kPalm Oil

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 Somalia and Cote d'Ivoire. This means that a dot/product with the flag of Somalia indicates it has a comparative advantage over Cote d'Ivoire. Similarly, a dot/product with the flag of Cote d'Ivoire indicates it has a comparative advantage over Somalia.

Product Space of Somalia (Flag) and Cote d'Ivoire (Flag) (2022)

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