2022
Exports
$6.19kWorld Rnk 130 / 148
Flag Rnk 126 / 317
falsefalse Oman
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$356kWorld Rnk 177 / 220
Flag Rnk 433 / 952

About

Exports In 2022, Somalia exported $6.19k in Butter, making it the 130th largest exporter of Butter in the world. At the same year, Butter was the 126th most exported product in Somalia. The main destination of Butter exports from Somalia are: Oman ($6.19k).

Imports In 2022, Somalia imported $356k in Butter, becoming the 177th largest importer of Butter in the world. At the same year, Butter was the 433rd most imported product in Somalia. Somalia imports Butter primarily from: United Arab Emirates ($210k), Netherlands ($69.2k), Italy ($63k), and Turkey ($14k).

The fastest growing import markets in Butter for Somalia between 2021 and 2022 were Italy ($61.8k), Netherlands ($41k), and United Arab Emirates ($26k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Butter. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.19k
IMPORTS (2022)$356k
NET TRADE (2022)-$350k

In 2022, Somalia exported $6.19k in Butter. The main destinations of Somalia exports on Butter were Oman ($6.19k).

In 2022, Somalia imported $356k in Butter, mainly from United Arab Emirates ($210k), Netherlands ($69.2k), Italy ($63k), and Turkey ($14k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Somalia WERE (2021 - 2022):
Oman-$17k (-73.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Butter were:
In 2022, Somalia's main importing competitors in Butter were:

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALOman+ $2.8k
TOP IMPORT POTENTIALNetherlands+ $59.3k

Butter’s highest export potential is Oman. With an export gap of $2.8k.   Butter’s highest import potential is Netherlands with an import gap of $59.3k.

See methodology.

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