2022
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GDP
$529BCURRENT US$
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GDP GROWTH
135%CURRENT US$
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2022
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 GDP
$8.13BCURRENT US$
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GDP GROWTH
0%CURRENT US$
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GDP PC 
$104,039CURRENT US$
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2012-2022
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GDP PC GROWTH
112%CURRENT US$
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GDP PC
$462CURRENT US$
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0%CURRENT US$
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About

Ireland-Somalia In 2022, Ireland exported $516k to Somalia. The main products that Ireland exported to Somalia are Malt Extract ($297k), Pesticides ($110k), and Excavation Machinery ($61.8k). During the last 27 years the exports of Ireland to Somalia have increased at an annualized rate of 2.54%, from $262k in 1995 to $516k in 2022.

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

Somalia-Ireland In 2022, Somalia exported $105k to Ireland. The main products that Somalia exported to Ireland were Other Oily Seeds ($40.1k), Essential Oils ($38.3k), and Electric Motors ($10.5k). During the last 27 years the exports of Somalia to Ireland have increased at an annualized rate of 4.62%, from $31.1k in 1995 to $105k in 2022.

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

Comparison In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27),  and 31 in total exports ($236B). 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, Ireland exported $516k to Somalia. The main products exported from Ireland to Somalia were Malt Extract ($297k), Pesticides ($110k), and Excavation Machinery ($61.8k). During the last 27 years the exports of Ireland to Somalia have increased at an annualized rate of 2.54%, from $262k in 1995 to $516k in 2022.

In 2022, Somalia exported $105k to Ireland. The main products exported from Somalia to Ireland were Other Oily Seeds ($40.1k), Essential Oils ($38.3k), and Electric Motors ($10.5k). During the last 27 years the exports of Somalia to Ireland have increased at an annualized rate of 4.62%, from $31.1k in 1995 to $105k in 2022.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$70.7B
Somalia
Top Destination
United Arab Emirates$283M

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

In 2021, countries that imported more from Ireland than Somalia were United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2021, countries that imported more from Somalia than Ireland were Oman ($173M).

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

Comparative Advantage Ireland - Somalia

Flow
Scale

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

During 2022, Ireland had a large net trade with Somalia in the exports of Foodstuffs ($297k), Chemical Products ($110k), and Machines ($84.6k).

During 2022, Somalia had a large net trade with Ireland in the exports of Vegetable Products ($40.2k), Chemical Products ($38.5k), and Machines ($23.4k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Ireland has comparative advantage over Somalia. Similarly, the more yellow a dot/product is, the more Somalia has comparative advantage over Ireland.

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

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