Africa · Country profile
Somalia
India-Somalia trade corridor: $19.4B bilateral trade, $9.0B FDI into India.
$19.4B
Trade with India
+5.9% YoY
$1.64T
GDP
Nominal
$9.0B
FDI into India
Cumulative
-$4.3B
Trade balance
India deficit
Top exports to Somalia
- Machinery
- Gems and jewellery
- Rice and cereals
Top imports from Somalia
- Machinery
- Aircraft parts
- Crude oil and LNG
Trade corridor with India
2025: $19.4B · 5-yr CAGR 12.3%
Goods trade in USD billion, illustrative demo figures.
Latest Somalia stories
Trade6h ago7 min read
India-Somalia bilateral trade hits a new quarterly high
FDI9h ago3 min read
Somalia investors commit fresh capital to Indian manufacturing
Policy12h ago4 min read
Revised tariff schedule for India-Somalia goods notified
Technology15h ago5 min read
India and Somalia deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 5% to 4% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 7 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Somalia Business Forum
Apr 2027 · New Delhi
Delegation
Trade delegation to Somalia
Dec 2026 · Somalia
Buyer meet
Somalia buyers-sellers meet
Jan 2027 · Mumbai
Policy
Joint working group on market access
Mar 2027 · Virtual
Opportunity sectors
⚛️S05Atomic Energy25% projected demand growth🧪S10Chemicals & Fertilizers & Minerals27% projected demand growth🗄️S15Data Centres & Cloud Infrastructure28% projected demand growth🌐S20Earth Sciences29% projected demand growth🌱S25Fertilizers18% projected demand growth🥫S30Food Processing Industries13% projected demand growth