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AGOA Status: Somalia is not eligible for AGOA this year.
Trade Agreements: The U.S. and Somalia do not have any trade agreements.
U.S.-Somalia Trade Facts
Somalia is currently our 175th largest goods trading partner with $72 million in total (two way) goods trade during 2017. Goods exports totaled $71 million; goods imports totaled $987 thousand. The U.S. goods trade surplus with Somalia was $70 million in 2017.
According to the Department of Commerce, U.S. exports of goods to Somalia supported an estimated 3 hundred jobs in 2015 (latest data available).
Somalia was the United States' 157th largest goods export market in 2017.
U.S. goods exports to Somalia in 2017 were $71 million, up 81.8% ($32 million) from 2016 and up 241.1% from 2007.
The top export categories (2-digit HS) in 2017 were: vehicles ($16 million), cereals ($14 million), miscellaneous food ($10 million), electrical machinery ($6 million), and animal or vegetable fats and oils ($5 million).
U.S. total exports of agricultural products to Somalia totaled $38 million in 2017. Leading domestic export categories include: coarse grains (ex. corn) ($14 million), prepared food ($10 million), vegetable oils (ex. soybean) ($5 million), pulses ($3 million), and dairy products ($19 thousand).
Somalia was the United States' 211th largest supplier of goods imports in 2017.
U.S. goods imports from Somalia totaled $987 thousand in 2017, down 0.1% ($1 thousand) from 2016, but up 463.5% from 2007.
The top import categories (2-digit HS) in 2017 were: vegetable saps and extracts ($552 thousand), machinery ($322 thousand), electrical machinery ($33 thousand), dairy, eggs, honey ($26 thousand), and wood and wood products ($18 thousand).
U.S. total imports of agricultural products from Somalia totaled $577 thousand in 2017.
The U.S. goods trade surplus with Somalia was $70 million in 2017, a 84.0% increase ($32 million) over 2016.
Data on U.S. FDI in Somalia are unavailable. There is no information on the distribution of U.S. FDI in Somalia.
No data on Somalia's FDI in the U.S. are available. There is no information on the distribution of Somalia FDI in the U.S.
NOTE: No services trade data with Somalia are available.