Merchandise imports by the reporting economy in Somalia
Somalia: Merchandise imports by the reporting economy was 4.02 billion current US$ in 2023. ◆ Volatile
Merchandise imports by the reporting economy in Somalia, 1962–2023
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$, in 1966.
Somalia ranks 147th of 204 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 36.41 million current US$ | 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
- 144 Montenegro 4.08 billion current US$ compare
- 145 Afghanistan 4.08 billion current US$ compare
- 146 Turkmenistan 4.02 billion current US$ compare
- 148 Benin 3.91 billion current US$ compare
- 149 Rwanda 3.82 billion current US$ compare
- 150 Bhutan 3.82 billion current US$ compare
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 imports from economies in the Arab World 10.9% (2023)
- Merchandise imports from high-income economies 15.8% (2023)
- Merchandise imports from low- and middle-income economies outside regi 75.3% (2023)
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 147th out of 204 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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About this data
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.