Trade with Somalia
Hub of East African Commerce
Comprehensive trade intelligence, verified suppliers, and market insights for doing business with Somalia.
GDP
$14.8BProjection
IMF WEO October 2026 · 2026 projectionLatest reported actual: $13.0B (World Bank · 2025)Population
19.7M
World Bank · 2025Mogadishu
Capital
SOS
Currency
0+
Verified Suppliers
0+
Products Listed
Somalia Trade Intelligence
Comprehensive economic data, market insights, and trade information to help you make informed business decisions.
Economic Overview
Official sources: IMF World Economic Outlook and World Bank. Source and year shown per figure.
GDP
$14.8BProjection
IMF WEO October 2026 · 2026 projectionLatest reported actual: $13.0B (World Bank · 2025)Real GDP growth
2.3%Projection
IMF WEO October 2026 · 2026 projectionLatest reported actual: 3.0% (World Bank · 2025)GDP per person
$850Projection
IMF WEO October 2026 · 2026 projectionLatest reported actual: $661 (World Bank · 2025)Inflation
6.3%Projection
IMF WEO October 2026 · 2026 projectionLoading Somalia trade chart
Trade Agreements & Market Access
View AllAfCFTA Member
African Continental Free Trade Area
54
Countries
90%
Tariff Elimination
$3.4T
Market Size
Ratified: 2019 • Trading Status: Active
Learn moreOther Trade Agreements
IGADbilateral
activePreferential access
Regional
Total Active Agreements2
Preferential Market Access0+ countries
Export Strengths & Competitive Advantages
Top Export Products
Livestock
Bananas
Fish
Hides
Charcoal
Frankincense
Competitive Advantages
Indian Ocean trade corridorEAC common market accessAfCFTA member stateCompetitive labor costs
Export Incentives & Benefits
✓
Livestock sector support✓
Fishing industry incentivesRegulatory & Compliance Requirements
Full GuideRequired Export Documents
Commercial Invoice
Packing List
Certificate of Origin
Health Certificate (for livestock)
Customs Declaration
Export Procedure Steps
1Register with trade ministry
2Obtain export license
3Apply for Certificate of Origin
4Submit customs declaration
Logistics Performance IndexImproving
Overall LPI Score
2.70/ 5.00
Below Average
World Rank
#95
of 160
Score Breakdown
Customs Efficiency2.50
Infrastructure Quality2.40
Int'l Shipments2.80
Logistics Competence2.60
Tracking & Tracing2.50
Timeliness3.00
Data Source: World Bank Logistics Performance Index
Ports & Entry Points Performance
View AllLoading SOS currency chart
Key Trade Institutions in Somalia
Ministry of Commerce and Industry
Export Authoritywww.moci.gov.so
+252 61 555 5555
Somalia Customs Authority
CustomsSomali Bureau of Standards
Standards BodyNeed help navigating Somalia's trade requirements?
