AGOA Status
Somalia is not eligible for AGOA this year.
Trade Agreements
The U.S. and Somalia do not have any trade agreements.
Somalia Trade Summary
U.S. goods and services trade with Somalia totaled an estimated $209.7 million in 2024, up 17.8 percent ($ 31.7 million) from 2023.
U.S. total goods trade (exports plus imports) with Somalia was an estimated $51.7 million in 2024. U.S. goods exports to Somalia in 2024 were $49.2 million, down 1.2 percent ($0.6 million) from 2023. U.S. goods imports from Somalia in 2024 totaled $2.5 million, down 21.9 percent ($0.7 million) from 2023. The U.S. goods trade surplus with Somalia was $46.7 million in 2024, a 0.2 percent increase ($0.1 million) over 2023.
U.S. total services trade (exports plus imports) with Somalia totaled an estimated $158 million in 2024. U.S. services exports to Somalia in 2024 were $83 million, up 45.6 percent ($26 million) from 2023. U.S. services imports from Somalia in 2024 were $75 million, up 10.3 percent ($7 million) from 2023. The U.S. goods trade surplus with Namibia was $9 million in 2024, compared to a $11 million goods trade deficit in 2023.
