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Exports In 2023, Somalia exported $18.2M in Crustaceans, making it the 65th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 7th most exported product in Somalia. The main destination of Crustaceans exports from Somalia are: United Arab Emirates ($17.1M), Hong Kong ($736k), Thailand ($219k), Oman ($103k), and Djibouti ($10.5k).

The fastest growing export markets for Crustaceans of Somalia between 2022 and 2023 were Hong Kong ($463k), Oman ($103k), and Djibouti ($4.79k).

Imports In 2023, Somalia imported $31.7k in Crustaceans, becoming the 185th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 689th most imported product in Somalia. Somalia imports Crustaceans primarily from: Netherlands ($28.7k) and South Africa ($3k).

The fastest growing import markets in Crustaceans for Somalia between 2022 and 2023 were Netherlands ($3.69k) and South Africa ($3k).

Latest Trends

Dec 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 Crustaceans. 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

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EXPORTS (2023)$18.2M
IMPORTS (2023)$31.7k
NET TRADE (2023)$18.2M

In 2023, Somalia exported $18.2M in Crustaceans. The main destinations of Somalia exports on Crustaceans were United Arab Emirates ($17.1M), Hong Kong ($736k), Thailand ($219k), Oman ($103k), and Djibouti ($10.5k).

In 2023, Somalia imported $31.7k in Crustaceans, mainly from Netherlands ($28.7k) and South Africa ($3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Somalia WERE (2022 - 2023):
Hong Kong$463k (170%)
Oman$103k (1%)
Djibouti$4.79k (83.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Somalia WERE (2022 - 2023):
United Arab Emirates-$3.63M (-17.5%)
Maldives-$54.9k (-100%)
Thailand-$30.8k (-12.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Somalia's main exporting competitors in Crustaceans were:
Ecuador $6.88B
India $4.56B
Canada $2.96B
In 2023, Somalia's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALHong Kong+ $527k
TOP IMPORT POTENTIALNetherlands+ $8.56k

Crustaceans’s highest export potential is Hong Kong. With an export gap of $527k.   Crustaceans’s highest import potential is Netherlands with an import gap of $8.56k.

See methodology.

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