2018
Exports
$18.1kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2018
Imports
$212MWorld Rnk 32 / 224
Flag Rnk 5 / 952

About

Imports In 2022, Somalia imported $212M in Concentrated Milk, becoming the 32nd largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 5th most imported product in Somalia. Somalia imports Concentrated Milk primarily from: United Arab Emirates ($126M), Oman ($57.8M), Malaysia ($15.1M), Netherlands ($12.8M), and Rwanda ($350k).

The fastest growing import markets in Concentrated Milk for Somalia between 2021 and 2022 were United Arab Emirates ($40.5M), Oman ($10.7M), and Netherlands ($1.98M).

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 Concentrated Milk. 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 (2018)$18.1k
IMPORTS (2022)$212M
NET TRADE (2022)-$212M

In 2022, Somalia imported $212M in Concentrated Milk, mainly from United Arab Emirates ($126M), Oman ($57.8M), Malaysia ($15.1M), Netherlands ($12.8M), and Rwanda ($350k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Concentrated Milk were:
In 2022, Somalia's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $768
TOP IMPORT POTENTIALBelgium+ $404k

Concentrated Milk’s highest export potential is China. With an export gap of $768.   Concentrated Milk’s highest import potential is Belgium with an import gap of $404k.

See methodology.

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