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0%CURRENT US$
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$4.23TCURRENT US$
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-32.5%CURRENT US$
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About

Somalia-Japan Trade: In 2022, Somalia exported $4.24M to Japan. The main products that Somalia exported to Japan were Molluscs ($2.81M), Fish oil ($988k), and Other Oily Seeds ($272k). Over the past 5 years the exports of Somalia to Japan have decreased at an annualized rate of 17.3%, from $10.9M in 2017 to $4.24M in 2022.

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

Japan-Somalia Trade: In 2022, Japan exported $2.48M to Somalia. The main products that Japan exported to Somalia were Delivery Trucks ($657k), X-Ray Equipment ($510k), and Buses ($473k). Over the past 5 years the exports of Japan to Somalia have decreased at an annualized rate of 2.25%,  from $3.73M in 2017 to $2.48M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $4.24M to Japan. The main products exported from Somalia to Japan were Molluscs ($2.81M), Fish oil ($988k), and Other Oily Seeds ($272k). During the last 5 years the exports of Somalia to Japan have decreased at an annualized rate of 17.3%, from $10.9M in 2017 to $4.24M in 2022.

In 2017, Japan exported $2.48M to Somalia. The main products exported from Japan to Somalia were Delivery Trucks ($657k), X-Ray Equipment ($510k), and Buses ($473k). During the last 5 years the exports of Japan to Somalia have decreased at an annualized rate of 2.25%, from $3.73M in 2022 to $2.48M in 2017.

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

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

Latest Data

Trade between Somalia (Flag) and Japan (Flag)

Japan Exports

Market Competitiveness

Color
Somalia
Top Destination
United Arab Emirates$283M
Japan
Top Destination
United States$137B

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

In 2022, no countries were registered that imported more from Somalia than from Japan.

In 2022, countries that imported more from Japan than Somalia included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage Somalia - Japan

Flow
Scale

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

During 2022, Somalia had a large net trade with Japan in the exports of Animal Products ($2.83M), Animal and Vegetable Bi-Products ($988k), and Vegetable Products ($293k).

During 2017, Japan had a large net trade with Somalia in the exports of Transportation ($1.58M), Instruments ($522k), and Machines ($202k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Japan+$1.24MMolluscs
Top Product Potential Japan Somalia+$1.15MCars

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 Japan. This means that a dot/product with the flag of Somalia indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Somalia.

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

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