2023
Exports
$81.8MWorld Rnk 11 / 180
Flag Rnk 3 / 348
2023
PRODUCT COMPLEXITY IN Documents of title (bonds etc) and unused stamps
-1.1Rnk 856 / 1025
2023
Imports
$39.3kWorld Rnk 176 / 201
Flag Rnk 666 / 965

About

Exports In 2023, Somalia exported $81.8M in Documents of title (bonds etc) and unused stamps, making it the 11th largest exporter of Documents of title (bonds etc) and unused stamps in the world. At the same year, Documents of title (bonds etc) and unused stamps was the 3rd most exported product in Somalia. The main destination of Documents of title (bonds etc) and unused stamps exports from Somalia are: Djibouti ($81.7M), Germany ($48.6k), and China ($3.5k).

The fastest growing export markets for Documents of title (bonds etc) and unused stamps of Somalia between 2022 and 2023 were Djibouti ($58M), Germany ($24.6k), and China ($3.5k).

Imports In 2023, Somalia imported $39.3k in Documents of title (bonds etc) and unused stamps, becoming the 176th largest importer of Documents of title (bonds etc) and unused stamps in the world. At the same year, Documents of title (bonds etc) and unused stamps was the 666th most imported product in Somalia. Somalia imports Documents of title (bonds etc) and unused stamps primarily from: India ($19.7k), United Kingdom ($16.6k), United Arab Emirates ($3.07k), and China ($1).

The fastest growing import markets in Documents of title (bonds etc) and unused stamps for Somalia between 2022 and 2023 were India ($19.7k) and China ($1).

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 Documents of title (bonds etc) and unused stamps. 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 (2023)$81.8M
IMPORTS (2023)$39.3k
NET TRADE (2023)$81.7M

In 2023, Somalia exported $81.8M in Documents of title (bonds etc) and unused stamps. The main destinations of Somalia exports on Documents of title (bonds etc) and unused stamps were Djibouti ($81.7M), Germany ($48.6k), and China ($3.5k).

In 2023, Somalia imported $39.3k in Documents of title (bonds etc) and unused stamps, mainly from India ($19.7k), United Kingdom ($16.6k), United Arab Emirates ($3.07k), and China ($1).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Documents of title (bonds etc) and unused stamps EXPORT MARKETS FOR Somalia WERE (2022 - 2023):
Djibouti$58M (244%)
Germany$24.6k (103%)
China$3.5k (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Somalia's main exporting competitors in Documents of title (bonds etc) and unused stamps were:
In 2023, Somalia's main importing competitors in Documents of title (bonds etc) and unused stamps were:

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Trade Value of Documents of title (bonds etc) and unused stamps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $11.8k
TOP IMPORT POTENTIALUnited Arab Emirates+ $11k

Documents of title (bonds etc) and unused stamps’s highest export potential is Germany. With an export gap of $11.8k.   Documents of title (bonds etc) and unused stamps’s highest import potential is United Arab Emirates with an import gap of $11k.

See methodology.

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