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Somalia

Somalia Flag

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 185th largest goods trading partner with $40 million in total (two way) goods trade during 2016. Goods exports totaled $39 million; goods imports totaled $988 thousand. The U.S. goods trade surplus with Somalia was $38 million in 2016. 

According to the Department of Commerce, U.S. exports of goods to Somalia supported an estimated 3 hundred jobs in 2015 (latest data available). 

Exports

  • Somalia was the United States' 174th largest goods export market in 2016.

  • U.S. goods exports to Somalia in 2016 were $39 million, down 13.8% ($6 million) from 2015 but up 94.7% from 2006.  

  • The top export categories (2-digit HS) in 2016 were: cereals ($11 million), vehicles ($8 million), machinery ($4 million), special other ($3 million), and miscellaneous food  ($3 million).

  • U.S. total exports of agricultural products to Somalia totaled $18 million in 2016. Leading domestic export categories include: coarse grains (ex. corn) ($11 million), prepared food ($3 million), pulses ($2 million), vegetable oils (ex. soybean) ($878 thousand), and dairy products ($13 thousand). 

Imports

  • Somalia was the United States' 209th largest supplier of goods imports in 2016.

  • U.S. goods imports from Somalia totaled $988 thousand in 2016, up 10.2% ($92 thousand) from 2015, and up 154.9% from 2006.  

  • The top import categories (2-digit HS) in 2016 were: vegetable saps and extracts  ($797 thousand), animal or vegetable fats and oils  ($129 thousand), special other ($21 thousand), milling products ($16 thousand), and optical and medical instruments ($12 thousand).

  • U.S. total imports of agricultural products from Somalia totaled $948 thousand in 2016.  

Trade Balance

  • The U.S. goods trade surplus with Somalia was $38 million in 2016, a 14.3% decrease ($6 million) over 2015. 

Investment

 

  • Data on U.S. FDI in Somalia are unavailable. 

  • No data on Somalia's FDI in the U.S. are available. 

NOTE: No services trade data with Somalia are available.