Somalia recorded a trade deficit of 1942.90 USD Million in 2019.
Balance of Trade in Somalia averaged -991.99 USD Million from 1998 until 2019, reaching an all time high of -101.76 USD Million in 2003 and a record low of -2971.89 USD Million in 2017. This page provides - Somalia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Somalia Balance of Trade - values, historical data and charts - was last updated on September of 2020.
Balance of Trade in Somalia is expected to reach -2278.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Somalia Balance of Trade is projected to trend around -2278.00 USD Million in 2021 and -2247.00 USD Million in 2022, according to our econometric models.