On 7 February 2023, Ambassador Sasirit Tangulrat had a discussion with Mr. Mohamed Saney Dalmar, Director General and Mr. Abdirizak Hassan Yusuf, Director of Investment , Ministey of Trade of Somalia, to promote and enhance trade and investment relations between Thailand and Somalia.
Somalia is the 38th trade partner in Africa. The trade volume in 2022 was approximately 18 million USD. The main exports from Thailand are processed seafood, plastic products, pharmaceutical, rubber products, and machinery. Whereas main imports from Somalia are plants, soap and cosmetics.
On the investment front, both sides discussed on the foreign investment in fisheries industry in Somalia, and hope that there will be more Thai investors in the region.