USA-Somalia Bilateral Trade Analysis 2023
Complete trade statistics: $48.74M total volume •USA surplus: $45.67M
USA → Somalia
$47.21M
Exports (2023)
Somalia → USA
$1.54M
Imports (2023)
Trade Balance
$45.67M
Surplus for USA
Total Trade
$48.74M
Combined Volume
Trade Flow Visualization
Direct trade relationship between USA and Somalia. Green line shows exports from USA, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the USA-Somalia commercial relationship and competitive positioning in global markets.
USA → Somalia Exports
Export Market Intelligence
🎯 Strategic Export Focus
USA's export portfolio to Somalia demonstrates strategic specialization, with food preparations: of flour, meal, starch, malt extract or milk products, for uses n.e.c. in heading no. 1901 representing a key competitive advantage in this bilateral market.
Somalia → USA Imports
Import Dependency Profile
📦 Import Strategy Analysis
USA's import pattern from Somalia reveals significant dependencyin oils, essential: n.e.c. in heading no. 3301 (terpeneless or not), including concretes and absolutes, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
USA demonstrates competitive strength in exportingfood preparations: of flour, meal, starch, malt extract or milk products, for uses n.e.c. in heading no. 1901 to Somalia, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $48.74M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: USA-Somalia Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $48.74 millionrepresenting a significant bilateral economic relationship
- Trade Balance: USA maintains a surplus of $45.67 million
- Export Focus: USA's primary exports include food preparations: of flour, meal, starch, malt extract or milk products, for uses n.e.c. in heading no. 1901, food preparations: n.e.c. in item no. 2106.10, turbines: hydraulic turbines and water wheels, of a power not exceeding 1000kw
- Import Dependencies: Key imports from Somalia include oils, essential: n.e.c. in heading no. 3301 (terpeneless or not), including concretes and absolutes, bulldozers and angledozers: self-propelled, other than track laying, vegetable oils: sesame oil and its fractions, whether or not refined, but not chemically modified
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $48.74M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with USA leveraging its comparative advantages in food preparations: of flour, meal, starch, malt extract or milk products, for uses n.e.c. in heading no. 1901.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
USA's specialization in food preparations: of flour, meal, starch, malt extract or milk products, for uses n.e.c. in heading no. 1901complements Somalia's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in oils, essential: n.e.c. in heading no. 3301 (terpeneless or not), including concretes and absolutes.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $48.74M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $48.74M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $48.74 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in food preparations: of flour, meal, starch, malt extract or milk products, for uses n.e.c. in heading no. 1901 and oils, essential: n.e.c. in heading no. 3301 (terpeneless or not), including concretes and absolutes demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
USA's trade surplus of $45.67 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between USA and Somalia represents a total trade volume of $48.74 million in 2023. This partnership demonstrates a favorable trade balance for USA, with exports exceeding importsby $45.67 million.
Export Strengths
USA's exports to Somalia total $47.21 million, with competitive advantages in food preparations: of flour, meal, starch, malt extract or milk products, for uses n.e.c. in heading no. 1901, representing $17.37M or36.8% of bilateral exports.
Import Dependencies
Imports from Somalia amount to $1.54 million, highlighting economic interdependence in oils, essential: n.e.c. in heading no. 3301 (terpeneless or not), including concretes and absolutes, with Oils, essential: n.e.c. in heading no. 3301 (terpeneless or not), including concretes and absolutes comprising41.3% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates USA's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between USA and Somalia in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023