Trade balance — all countries

Trade balance — Somalia

Trade balance in Somalia in 2025 — -9,040,300,001 US$. Ranked 118 in the world out of 138. Since 1960, the indicator has fallen by 112,988.4%.

2025 -9.04B US$ −11.25% vs 2024
World rank 118of 138
Period maximum -7.99M US$1960
Period minimum -9.04B US$2025

Trend over time

1960–2025 · US$

Trade balance — Somalia, 1960–2025-10B-7.5B-5B-2.5B019601967197419811988199520022009201620231960: -7,994,015 US$1961: -13,580,012 US$1962: -29,959,995 US$1963: -21,840,005 US$1964: -33,180,009 US$1965: -8,497,983 US$1966: -19,599,992 US$1967: -23,379,991 US$1968: -18,997,992 US$1969: -23,471,429 US$1970: -16,857,157 US$1971: -22,024,117 US$1972: -20,056,952 US$1973: -65,748,612 US$1974: -105,321,658 US$1975: -102,494,073 US$1976: -111,485,331 US$1977: -194,202,889 US$1978: -170,994,343 US$1979: -302,427,801 US$1980: -333,831,294 US$1981: -304,470,475 US$1982: -325,891,971 US$1983: -360,031,823 US$1984: -366,490,400 US$1985: -113,728,919 US$1986: -208,682,717 US$1987: -247,643,145 US$1988: -180,270,963 US$1989: -406,520,818 US$1990: -256,356,574 US$2012: -2,159,151,960 US$2013: -2,334,254,790 US$2014: -2,484,707,930 US$2015: -2,629,194,410 US$2016: -2,783,701,090 US$2017: -3,245,437,170 US$2018: -3,574,000,000 US$2019: -3,823,000,000 US$2020: -4,175,000,000 US$2021: -4,437,000,000 US$2022: -5,652,000,000 US$2023: -6,492,000,000 US$2024: -8,126,000,000 US$2025: -9,040,300,001 US$
Change over the period: −9.03B (−112,988.36%)

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Somalia

Somalia -9.04B US$
Sub-Saharan Africa computed -29.17B US$
Eastern Africa computed -43.36B US$
Low-income countries computed -37.41B US$
Trade balance — Somalia, by year Somalia All countries CSV XLSX
Year US$ Change Change, %
2025 -9.04B −914M −11.25%
2024 -8.13B −1.63B −25.17%
2023 -6.49B −840M −14.86%
2022 -5.65B −1.22B −27.38%
2021 -4.44B −262M −6.28%
2020 -4.18B −352M −9.21%
2019 -3.82B −249M −6.97%
2018 -3.57B −329M −10.12%
2017 -3.25B −462M −16.59%
2016 -2.78B −155M −5.88%
2015 -2.63B −144M −5.82%
2014 -2.48B −150M −6.45%
2013 -2.33B −175M −8.11%
2012 -2.16B
1990 -256M +150M +36.94%
1989 -407M −226M −125.51%
1988 -180M +67.37M +27.21%
1987 -248M −38.96M −18.67%
1986 -209M −94.95M −83.49%
1985 -114M +253M +68.97%
1984 -366M −6.46M −1.79%
1983 -360M −34.14M −10.48%
1982 -326M −21.42M −7.04%
1981 -304M +29.36M +8.8%
1980 -334M −31.4M −10.38%
1979 -302M −131M −76.86%
1978 -171M +23.21M +11.95%
1977 -194M −82.72M −74.2%
1976 -111M −8.99M −8.77%
1975 -102M +2.83M +2.68%
1974 -105M −39.57M −60.19%
1973 -65.75M −45.69M −227.81%
1972 -20.06M +1.97M +8.93%
1971 -22.02M −5.17M −30.65%
1970 -16.86M +6.61M +28.18%
1969 -23.47M −4.47M −23.55%
1968 -19M +4.38M +18.74%
1967 -23.38M −3.78M −19.29%
1966 -19.6M −11.1M −130.64%
1965 -8.5M +24.68M +74.39%
1964 -33.18M −11.34M −51.92%
1963 -21.84M +8.12M +27.1%
1962 -29.96M −16.38M −120.62%
1961 -13.58M −5.59M −69.88%
1960 -7.99M

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

Source: World Development Indicators (World Bank), license CC BY 4.0.