Somalia Balance of Trade  1998-2018 | Data | Chart | Calendar | Forecast

Somalia recorded a trade deficit of 1409.85 USD Million in 2016. Balance of Trade in Somalia averaged -690.15 USD Million from 1998 until 2016, reaching an all time high of -104.18 USD Million in 2003 and a record low of -1844.10 USD Million in 2013.

Somalia Balance of Trade
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Somalia Trade Last Previous Highest Lowest Unit
Balance of Trade -1409.85 -1651.10 -104.18 -1844.10 USD Million [+]
Exports 568.10 689.82 689.82 45.68 USD Million [+]
Imports 1977.92 2340.88 2488.84 163.42 USD Million [+]
Terrorism Index 7.65 7.55 7.65 3.14 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Somalia Balance of Trade

Somalia’s systemic trade deficit is the result of the country’s dependency on imports of food, fuel, construction materials and manufactured goods. Main exports are: livestock, bananas, skins, fish, charcoal and scrap metal. Somalia main trading partners are the United Arab Emirates, Yemen and Oman. This page provides - Somalia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Somalia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1409.85 -1651.10 -104.18 -1844.10 1998 - 2016 USD Million Yearly




balance of trade by Country
Country Last
Australia -1358.00 Dec/17
Brazil 2768.44 Jan/18
Canada -3186.30 Dec/17
China 203.40 Jan/18
Euro Area 25414.60 Dec/17
France -3468.00 Dec/17
Germany 18226.00 Dec/17
India -16298.47 Jan/18
Indonesia -676.90 Jan/18
Italy 5253.08 Dec/17
Japan -943.42 Jan/18
Mexico -156.97 Dec/17
Netherlands 4104.00 Dec/17
Russia 13700.00 Dec/17
South Korea 3700.00 Jan/18
Spain -2050000.00 Dec/17
Switzerland 1323.45 Jan/18
Turkey -9206.19 Dec/17
United Kingdom -4896.00 Dec/17
United States -53118.00 Dec/17


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