Merchandise exports by the reporting economy in Somalia
Somalia: Merchandise exports by the reporting economy was 992.04 million current US$ in 2023. ◆ Volatile
Merchandise exports by the reporting economy in Somalia, 1960–2023
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$, in 1968.
Somalia ranks 152nd of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy in Somalia, year by year
| Year | current US$ | 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
| Decade | Average | Lowest | Highest | 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
More private sector data for Somalia
- Merchandise trade 40.2% (2025)
- Food imports 22.4% (1982)
- Manufactures imports 54.7% (1982)
- Merchandise imports 3.93 billion current US$ (2025)
- Food exports 93.7% (1982)
- Manufactures exports 1.3% (1982)
- Merchandise exports 1.30 billion current US$ (2025)
- Merchandise exports (current US$), per capita 66.14 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -11.74 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Somalia?
- Merchandise exports by the reporting economy in Somalia was 992.04 million current US$ 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$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.