Merchandise exports by the reporting economy (current US$), annual in Somalia

Somalia: Merchandise exports by the reporting economy (current US$), annual was 35.56 % change on previous year in 2023. ◆ Volatile

Latest (2023)
35.56 % change on previous year
Change on year
down 22.6%
World rank
11th
of 206 countries
All-time high
170.79 % change on previous year
in 1969
All-time low
-47.82 % change on previous year
in 2007
Years of data
57
1961–2023

Merchandise exports by the reporting economy (current US$), annual in Somalia, 1961–2023

-50050100150196119922023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for merchandise exports by the reporting economy (current us$), annual in Somalia is 35.56 % change on previous year, measured in 2023.

That represents a change of down 22.6% on the previous year and up 26.5% over ten years.

Over the whole period, merchandise exports by the reporting economy (current us$), annual in Somalia peaked at 170.79 % change on previous year in 1969 and was at its lowest, -47.82 % change on previous year, in 2007.

That places Somalia 11th out of 206 countries with data for 2023, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise exports by the reporting economy (current US$), annual in Somalia, year by year

Annual values for Merchandise exports by the reporting economy (current US$), annual growth rate in Somalia, 1961 to 2023.
Year % change on previous year Change
1961 19.42 % change on previous year
1964 20.7 % change on previous year +6.6%
1967 -33.22 % change on previous year -260.4%
1968 -45.7 % change on previous year +37.6%
1969 170.79 % change on previous year -473.7%
1970 -6.9 % change on previous year -104.0%
1971 8.52 % change on previous year -223.5%
1972 29.2 % change on previous year +242.6%
1973 -1.48 % change on previous year -105.1%
1974 24.87 % change on previous year -1775.8%
1975 52.15 % change on previous year +109.7%
1976 26.02 % change on previous year -50.1%
1977 -32.52 % change on previous year -225.0%
1978 81.97 % change on previous year -352.0%
1981 14.96 % change on previous year -81.7%
1982 34.59 % change on previous year +131.2%
1983 -45.84 % change on previous year -232.5%
1984 -41.01 % change on previous year -10.5%
1985 62.63 % change on previous year -252.7%
1986 -32.88 % change on previous year -152.5%
1987 65.94 % change on previous year -300.6%
1988 -8.83 % change on previous year -113.4%
1989 -7.77 % change on previous year -11.9%
1990 54.91 % change on previous year -806.3%
1991 -35.03 % change on previous year -163.8%
1992 33.2 % change on previous year -194.8%
1993 -6.73 % change on previous year -120.3%
1994 25.46 % change on previous year -478.2%
1995 13.23 % change on previous year -48.0%
1996 11.74 % change on previous year -11.3%
1997 -18.15 % change on previous year -254.6%
1998 -19.44 % change on previous year +7.1%
1999 -8.22 % change on previous year -57.7%
2000 5.67 % change on previous year -169.0%
2001 -31.95 % change on previous year -663.7%
2002 50.46 % change on previous year -257.9%
2003 21.93 % change on previous year -56.5%
2004 13.54 % change on previous year -38.3%
2005 17.83 % change on previous year +31.7%
2006 55.43 % change on previous year +210.8%
2007 -47.82 % change on previous year -186.3%
2008 11.07 % change on previous year -123.2%
2009 34.82 % change on previous year +214.5%
2010 47.6 % change on previous year +36.7%
2011 21.51 % change on previous year -54.8%
2012 7.57 % change on previous year -64.8%
2013 28.12 % change on previous year +271.5%
2014 11.74 % change on previous year -58.3%
2015 -1.94 % change on previous year -116.5%
2016 -7.86 % change on previous year +306.0%
2017 -24.77 % change on previous year +215.3%
2018 12.24 % change on previous year -149.4%
2019 6.6 % change on previous year -46.1%
2020 -10.4 % change on previous year -257.7%
2021 -0.0542 % change on previous year -99.5%
2022 45.92 % change on previous year -84810.2%
2023 35.56 % change on previous year -22.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 26.4 % change on previous year -45.7 % change on previous year 170.79 % change on previous year 5
1970s 20.2 % change on previous year -32.52 % change on previous year 81.97 % change on previous year 9
1980s 4.64 % change on previous year -45.84 % change on previous year 65.94 % change on previous year 9
1990s 5.1 % change on previous year -35.03 % change on previous year 54.91 % change on previous year 10
2000s 13.1 % change on previous year -47.82 % change on previous year 55.43 % change on previous year 10
2010s 10.08 % change on previous year -24.77 % change on previous year 47.6 % change on previous year 10
2020s 17.76 % change on previous year -10.4 % change on previous year 45.92 % change on previous year 4

Countries ranked near Somalia

  1. 8 Armenia 59.69 % change on previous year compare
  2. 9 Grenada 58.24 % change on previous year compare
  3. 10 Kyrgyzstan 54.86 % change on previous year compare
  4. 12 Korea, Democratic People's Republic of 24.06 % change on previous year compare
  5. 13 South Sudan 22.58 % change on previous year compare
  6. 14 Dominican Republic 21.49 % change on previous year compare

See the full ranking of 253 places →

More private sector data for Somalia

All data for Somalia →

Frequently asked questions

What is merchandise exports by the reporting economy (current us$), annual in Somalia?
Merchandise exports by the reporting economy (current us$), annual in Somalia was 35.56 % change on previous year in 2023, according to Statizoid (derived).
What is the highest merchandise exports by the reporting economy (current us$), annual recorded in Somalia?
The highest recorded value was 170.79 % change on previous year in 1969.
What is the lowest merchandise exports by the reporting economy (current us$), annual recorded in Somalia?
The lowest recorded value was -47.82 % change on previous year in 2007.
How does Somalia rank for merchandise exports by the reporting economy (current us$), annual?
Somalia ranks 11th out of 206 countries with data for 2023.
Is merchandise exports by the reporting economy (current us$), annual rising or falling in Somalia?
Over the last ten years it is up 26.5%. The long-run trend across the full record is volatile.
Where does this Somalia data come from?
The figures come from Statizoid (derived), published as part of Merchandise exports by the reporting economy (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Merchandise exports by the reporting economy (current US$), annual in Somalia. Statizoid, drawing on Statizoid (derived). Retrieved 04 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us-annual-growth-rate/somalia-fed-rep/

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<a href="https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us-annual-growth-rate/somalia-fed-rep/">Merchandise exports by the reporting economy (current US$), annual in Somalia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Merchandise exports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Merchandise exports by the reporting economy (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
253 places, 13,157 data points, 1961–2023
Last refreshed

The year-on-year percentage change in Merchandise exports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.