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Pricing

2010
Exports $66.4kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Crude Petroleum-2.25Rnk 1011 / 1025
2010
Imports $2.71kWorld Rnk 0 / 0
Flag Rnk 0 / 0

About

Imports In 2021, Somalia imported $2.71k in Crude Petroleum, becoming the 0th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 0th most imported product in Somalia. Somalia imports Crude Petroleum primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2010)$66.4k
IMPORTS (2021)$2.71k
NET TRADE (2021)-$2.71k

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
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Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Crude Petroleum were:
Saudi Arabia $236B
Russia $133B
Canada $123B
In 2022, Somalia's main importing competitors in Crude Petroleum were:
China $287B
United States $199B
India $170B

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.47k
TOP IMPORT POTENTIALSaudi Arabia+ $788

Crude Petroleum’s highest export potential is China. With an export gap of $1.47k.   Crude Petroleum’s highest import potential is Saudi Arabia with an import gap of $788.

See methodology.

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