Merchandise exports by the reporting economy in Somalia

Somalia: Merchandise exports by the reporting economy was 992.04 million current US$ in 2023. ◆ Volatile

Latest (2023)
992.04 million current US$
Change on year
up 35.6%
World rank
152nd
of 206 countries
All-time high
992.04 million current US$
in 2023
All-time low
10.37 million current US$
in 1968
Years of data
61
1960–2023

Merchandise exports by the reporting economy in Somalia, 1960–2023

0200.0M400.0M600.0M800.0M1.0B196019912023

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

The most recent figure for merchandise exports by the reporting economy in Somalia is 992.04 million current US$, measured in 2023. That is the highest value across all 61 years on record.

Compared with earlier readings it is up 35.6% on the previous year and up 61.0% over ten years.

Over the whole period, merchandise exports by the reporting economy in Somalia peaked at 992.04 million current US$ in 2023 and was at its lowest, 10.37 million current US$, in 1968.

Somalia ranks 152nd of 206 countries on this measure, in the middle of the range.

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

Merchandise exports by the reporting economy in Somalia, year by year

Annual values for Merchandise exports by the reporting economy (current US$) in Somalia, 1960 to 2023.
Year current US$ Change
1960 13.90 million current US$
1961 16.60 million current US$ +19.4%
1963 25.60 million current US$ +54.2%
1964 30.90 million current US$ +20.7%
1966 28.60 million current US$ -7.4%
1967 19.10 million current US$ -33.2%
1968 10.37 million current US$ -45.7%
1969 28.08 million current US$ +170.8%
1970 26.15 million current US$ -6.9%
1971 28.37 million current US$ +8.5%
1972 36.66 million current US$ +29.2%
1973 36.11 million current US$ -1.5%
1974 45.09 million current US$ +24.9%
1975 68.61 million current US$ +52.1%
1976 86.47 million current US$ +26.0%
1977 58.35 million current US$ -32.5%
1978 106.17 million current US$ +82.0%
1980 128.61 million current US$ +21.1%
1981 147.85 million current US$ +15.0%
1982 198.99 million current US$ +34.6%
1983 107.78 million current US$ -45.8%
1984 63.58 million current US$ -41.0%
1985 103.41 million current US$ +62.6%
1986 69.41 million current US$ -32.9%
1987 115.17 million current US$ +65.9%
1988 105.00 million current US$ -8.8%
1989 96.84 million current US$ -7.8%
1990 150.01 million current US$ +54.9%
1991 97.47 million current US$ -35.0%
1992 129.82 million current US$ +33.2%
1993 121.08 million current US$ -6.7%
1994 151.91 million current US$ +25.5%
1995 172.02 million current US$ +13.2%
1996 192.21 million current US$ +11.7%
1997 157.33 million current US$ -18.1%
1998 126.75 million current US$ -19.4%
1999 116.33 million current US$ -8.2%
2000 122.92 million current US$ +5.7%
2001 83.64 million current US$ -32.0%
2002 125.85 million current US$ +50.5%
2003 153.45 million current US$ +21.9%
2004 174.23 million current US$ +13.5%
2005 205.30 million current US$ +17.8%
2006 319.09 million current US$ +55.4%
2007 166.50 million current US$ -47.8%
2008 184.94 million current US$ +11.1%
2009 249.33 million current US$ +34.8%
2010 368.02 million current US$ +47.6%
2011 447.16 million current US$ +21.5%
2012 481.01 million current US$ +7.6%
2013 616.26 million current US$ +28.1%
2014 688.61 million current US$ +11.7%
2015 675.28 million current US$ -1.9%
2016 622.23 million current US$ -7.9%
2017 468.09 million current US$ -24.8%
2018 525.38 million current US$ +12.2%
2019 560.04 million current US$ +6.6%
2020 501.80 million current US$ -10.4%
2021 501.52 million current US$ -0.1%
2022 731.81 million current US$ +45.9%
2023 992.04 million current US$ +35.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 21.64 million current US$ 10.37 million current US$ 30.90 million current US$ 8
1970s 54.67 million current US$ 26.15 million current US$ 106.17 million current US$ 9
1980s 113.66 million current US$ 63.58 million current US$ 198.99 million current US$ 10
1990s 141.49 million current US$ 97.47 million current US$ 192.21 million current US$ 10
2000s 178.52 million current US$ 83.64 million current US$ 319.09 million current US$ 10
2010s 545.21 million current US$ 368.02 million current US$ 688.61 million current US$ 10
2020s 681.79 million current US$ 501.52 million current US$ 992.04 million current US$ 4

Countries ranked near Somalia

  1. 149 Macau, China 1.08 billion current US$ compare
  2. 150 Benin 1.05 billion current US$ compare
  3. 151 Greenland 1.01 billion current US$ compare
  4. 153 Malawi 965.51 million current US$ compare
  5. 154 Lesotho 957.67 million current US$ compare
  6. 155 Haiti 953.29 million current US$ 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 in Somalia?
Merchandise exports by the reporting economy in Somalia was 992.04 million current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise exports by the reporting economy recorded in Somalia?
The highest recorded value was 992.04 million current US$ in 2023.
What is the lowest merchandise exports by the reporting economy recorded in Somalia?
The lowest recorded value was 10.37 million current US$ in 1968.
How does Somalia rank for merchandise exports by the reporting economy?
Somalia ranks 152nd out of 206 countries with data for 2023.
Is merchandise exports by the reporting economy rising or falling in Somalia?
Over the last ten years it is up 61.0%. The long-run trend across the full record is volatile.
Where does this Somalia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

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Merchandise exports by the reporting economy in Somalia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 23 August 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us/somalia-fed-rep/

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About this data

Indicator
Merchandise exports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,488 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.