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 May 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 1527.00 Mar/18
Brazil 6140.00 Apr/18
Canada -4139.60 Mar/18
China 287.80 Apr/18
Euro Area 26932.60 Mar/18
France -5258.00 Mar/18
Germany 25187.00 Mar/18
India -13720.00 Apr/18
Indonesia -1629.30 Apr/18
Italy 4531.06 Mar/18
Japan 625.98 Apr/18
Mexico 1917.55 Mar/18
Netherlands 5280.00 Mar/18
Russia 15001.00 Mar/18
South Korea 6611.00 Apr/18
Spain -830631.00 Mar/18
Switzerland 2315.30 Mar/18
Turkey -5855.00 Mar/18
United Kingdom -3091.00 Mar/18
United States -48956.00 Mar/18


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