Somalia

Official Name: Federal Republic of Somalia
Sovereign Status: Sovereign Country
Government Type: Federal Parliamentary Republic
Official Name (Local Language): Jamhuuriyada Demuqraadiga Soomaaliyeed
ISO Country Codes: SO : SOM
Internet Domain: .so
Government Web Site: https://www.somaligov.net/
Capital: Mogadishu Main Airports: Aden Adde International Airport
Language(s): Somali;Arabic Population: 12,386,248
Currency: Somali Shilling ISO Currency Code: SOS
Telephone Dial In: +252 ID Prefix: 00



Travel Guides:

Somalia

Government Website: https://www.somaligov.net/
Central Bank: Central Bank of Somalia
GDP: $19.399 billion (2021 est.)
GDP Pro Capita (PPP): $1,100 (2021 est.)
Currency & USD Exchange Rate: Somali Shilling
Currency Code: SOS
World Bank Classification: Low-Income Economy

GDP Composition:

Agriculture: 60.2% bananas, sorghum, corn, coconuts, rice, sugarcane, mangoes, sesame seeds, beans; cattle, sheep, goats; fish
Industry: 7.4% light industries, including sugar refining, textiles, wireless communication
Services: 32.5%

Source: Central Intelligence Agency Factbook




Financial Exchanges:
Stock & Securities Exchange: Somali Stock Exchange ;

National Statistics Office:

National Dataset(s):

Somalia


Subject to Country Specific Sanctions? EU and OFAC

Business Language(s): English; Somali
Customs & Excise: Ministry of Finance
Development Bank(s): African Development Bank; Trade and Development Bank; Islamic Development Bank; Somali Development and Reconstruction Bank;
Competitive Ind’l Performance: N/A Corruption Perceptions Index: 180/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: N/A
Global Trade Alert Search ITC's Lega Carta

Country Ratings:


Export Credit & Insurance More
Investment & Export Promotion More

Investment & Export Promotion Agency: Trade Invest Somalia ;


Imports:

$94.43 billion (2018 est.)

Main Imports:

manufactures, petroleum products, foodstuffs, construction materials, qat

Exports:

$0.819 billion (2014 est.)

Main Exports:

livestock, bananas, hides, fish, charcoal, scrap metal


Top Export Partners:

UAE 36.1%

Oman 33.4%

Yemen 15.5%

Top Import Partners:

Oman 17.1%

Djibouti 17%

India 15%

China 10.7%

Kenya 5.5%


Source: Central Intelligence Agency Factbook


Regional Trade Agreements & Organisations:

Somalia

Accountancy Associations

N/A

Banking Association

N/A



Company Register

N/A

Customs & Excise

Government Procurement

N/A

Law Associations & Firms

Somalia Bar


Logistics Companies

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Cargo-Cards
Freightnet
SeaRates

Jctrans.net

Major Companies with a Local Operation

CMA CGM
DHL Global

Tax Identification Codes

N/A





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Somalia

British Chambers of Commerce Overseas No resources available

Joint-Venture Chambers of Commerce
Arab British Chamber of Commerce
The Arab-British Chamber of Commerce is a not-for profit membership organisation established in 1975 under the General Union of Chambers of Commerce, Industry and Agriculture for the Arab Countries. The Chamber has a unique function in the promotion of bilateral trade and investment between Britain and the Arab countries. To achieve this we work in close co-operation with government ministries, official trade and investment bodies, Arab diplomatic missions in London, the British Chambers of Commerce, the League of Arab States, leading Arab businesses and Chambers of Commerce in the Arab world.


British Representation Overseas
The British Embassy in Somalia

Foreign Representation in the U.K. No resources available