Somalia Trade Balance 1960-2022
External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
- Somalia trade balance for 2020 was $-4.48B, a 2.29% increase from 2019.
- Somalia trade balance for 2019 was $-4.38B, a 9.41% increase from 2018.
- Somalia trade balance for 2018 was $-4.00B, a 10.33% increase from 2017.
- Somalia trade balance for 2017 was $-3.63B, a 16.08% increase from 2016.
| Somalia Trade Balance - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2020 |
$-4.48B |
-91.14% |
| 2019 |
$-4.38B |
-88.65% |
| 2018 |
$-4.00B |
-84.83% |
| 2017 |
$-3.63B |
-80.50% |
| 2016 |
$-3.13B |
-74.48% |
| 2015 |
$-2.95B |
-72.84% |
| 2014 |
$-2.96B |
-74.66% |
| 2013 |
$-2.62B |
-67.27% |
| 1990 |
$-0.26B |
-27.95% |
| 1989 |
$-0.41B |
-37.21% |
| 1988 |
$-0.18B |
-17.36% |
| 1987 |
$-0.25B |
-24.52% |
| 1986 |
$-0.21B |
-22.43% |
| 1985 |
$-0.11B |
-12.98% |
| 1984 |
$-0.37B |
-46.49% |
| 1983 |
$-0.36B |
-49.06% |
| 1982 |
$-0.33B |
-42.08% |
| 1981 |
$-0.30B |
-43.55% |
| 1980 |
$-0.33B |
-55.31% |
| 1979 |
$-0.30B |
-51.22% |
| 1978 |
$-0.17B |
-30.27% |
| 1977 |
$-0.19B |
-38.95% |
| 1976 |
$-0.11B |
-13.81% |
| 1975 |
$-0.10B |
-14.42% |
| 1974 |
$-0.11B |
-22.53% |
| 1973 |
$-0.07B |
-12.97% |
| 1972 |
$-0.02B |
-4.81% |
| 1971 |
$-0.02B |
-6.65% |
| 1970 |
$-0.02B |
-5.23% |
| 1969 |
$-0.02B |
-7.66% |
| 1968 |
$-0.02B |
-6.63% |
| 1967 |
$-0.02B |
-8.60% |
| 1966 |
$-0.02B |
-7.62% |
| 1965 |
$-0.01B |
-3.49% |
| 1964 |
$-0.03B |
-14.46% |
| 1963 |
$-0.02B |
-10.10% |
| 1962 |
$-0.03B |
-14.72% |
| 1961 |
$-0.01B |
-7.09% |
| 1960 |
$-0.01B |
-4.43% |
