Merchandise imports by the reporting economy in Somalia

Somalia: Merchandise imports by the reporting economy was 4.02 billion current US$ in 2023. ◆ Volatile

Latest (2023)
4.02 billion current US$
Change on year
down 3.2%
World rank
149th
of 206 countries
All-time high
4.15 billion current US$
in 2022
All-time low
26.50 million current US$
in 1966
Years of data
61
1962–2023

Merchandise imports by the reporting economy in Somalia, 1962–2023

01.0B2.0B3.0B4.0B196219922023

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

Analysis

In 2023, merchandise imports by the reporting economy in Somalia stood at 4.02 billion current US$.

The figure is down 3.2% on the previous year and up 167.3% over ten years.

Over the whole period, merchandise imports by the reporting economy in Somalia peaked at 4.15 billion current US$ in 2022 and was at its lowest, 26.50 million current US$, in 1966.

Somalia ranks 149th 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 imports by the reporting economy in Somalia, year by year

Annual values for Merchandise imports by the reporting economy (current US$) in Somalia, 1962 to 2023.
Year current US$ Change
1962 32.30 million current US$
1963 36.00 million current US$ +11.5%
1964 40.80 million current US$ +13.3%
1965 38.40 million current US$ -5.9%
1966 26.50 million current US$ -31.0%
1967 30.30 million current US$ +14.3%
1968 42.11 million current US$ +39.0%
1969 44.86 million current US$ +6.5%
1970 37.45 million current US$ -16.5%
1971 54.46 million current US$ +45.4%
1972 66.06 million current US$ +21.3%
1973 82.64 million current US$ +25.1%
1974 85.74 million current US$ +3.7%
1975 118.77 million current US$ +38.5%
1976 133.55 million current US$ +12.4%
1977 191.12 million current US$ +43.1%
1978 237.48 million current US$ +24.3%
1980 341.78 million current US$ +43.9%
1981 509.78 million current US$ +49.2%
1982 323.32 million current US$ -36.6%
1983 325.61 million current US$ +0.7%
1984 253.05 million current US$ -22.3%
1985 233.48 million current US$ -7.7%
1986 270.00 million current US$ +15.6%
1987 449.61 million current US$ +66.5%
1988 288.18 million current US$ -35.9%
1989 385.66 million current US$ +33.8%
1990 373.92 million current US$ -3.0%
1991 140.60 million current US$ -62.4%
1992 201.68 million current US$ +43.4%
1993 274.74 million current US$ +36.2%
1994 266.33 million current US$ -3.1%
1995 219.38 million current US$ -17.6%
1996 257.94 million current US$ +17.6%
1997 264.66 million current US$ +2.6%
1998 227.50 million current US$ -14.0%
1999 253.64 million current US$ +11.5%
2000 223.07 million current US$ -12.1%
2001 208.96 million current US$ -6.3%
2002 245.00 million current US$ +17.2%
2003 244.80 million current US$ -0.1%
2004 306.35 million current US$ +25.1%
2005 371.90 million current US$ +21.4%
2006 522.00 million current US$ +40.4%
2007 536.11 million current US$ +2.7%
2008 836.92 million current US$ +56.1%
2009 756.55 million current US$ -9.6%
2010 1.06 billion current US$ +40.4%
2011 1.49 billion current US$ +39.9%
2012 1.64 billion current US$ +10.5%
2013 1.50 billion current US$ -8.4%
2014 1.70 billion current US$ +12.7%
2015 1.83 billion current US$ +8.2%
2016 2.08 billion current US$ +13.3%
2017 2.59 billion current US$ +24.5%
2018 2.65 billion current US$ +2.6%
2019 3.21 billion current US$ +21.0%
2020 3.50 billion current US$ +9.2%
2021 3.84 billion current US$ +9.5%
2022 4.15 billion current US$ +8.2%
2023 4.02 billion current US$ -3.2%

Somalia compared with similar countries

  • Somalia's 4.02 billion current US$ is above the median for low income countries, which is 3.15 billion current US$, 1.3× the median. (25 countries reporting)
  • Somalia's 4.02 billion current US$ is below the median for Sub-Saharan Africa, which is 4.61 billion current US$, 87% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 36.41 million current US$ 26.50 million current US$ 44.86 million current US$ 8
1970s 111.92 million current US$ 37.45 million current US$ 237.48 million current US$ 9
1980s 338.05 million current US$ 233.48 million current US$ 509.78 million current US$ 10
1990s 248.04 million current US$ 140.60 million current US$ 373.92 million current US$ 10
2000s 425.17 million current US$ 208.96 million current US$ 836.92 million current US$ 10
2010s 1.98 billion current US$ 1.06 billion current US$ 3.21 billion current US$ 10
2020s 3.88 billion current US$ 3.50 billion current US$ 4.15 billion current US$ 4

Countries ranked near Somalia

  1. 146 Montenegro 4.08 billion current US$ compare
  2. 147 Afghanistan 4.08 billion current US$ compare
  3. 148 Turkmenistan 4.02 billion current US$ compare
  4. 150 Benin 3.91 billion current US$ compare
  5. 151 Rwanda 3.82 billion current US$ compare
  6. 152 Bhutan 3.82 billion 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 imports by the reporting economy in Somalia?
Merchandise imports by the reporting economy in Somalia was 4.02 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports by the reporting economy recorded in Somalia?
The highest recorded value was 4.15 billion current US$ in 2022.
What is the lowest merchandise imports by the reporting economy recorded in Somalia?
The lowest recorded value was 26.50 million current US$ in 1966.
How does Somalia rank for merchandise imports by the reporting economy?
Somalia ranks 149th out of 206 countries with data for 2023.
Is merchandise imports by the reporting economy rising or falling in Somalia?
Over the last ten years it is up 167.3%. 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 imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

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Merchandise imports by the reporting economy in Somalia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 22 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-by-the-reporting-economy-current-us/somalia-fed-rep/

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About this data

Indicator
Merchandise imports 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, 13,515 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.