2022
Exports
$31kWorld Rnk 112 / 188
Flag Rnk 65 / 317
2022
PRODUCT COMPLEXITY IN Hand-Woven Rugs
-0.91Rnk 811 / 1025
2022
Imports
$8.78MWorld Rnk 73 / 217
Flag Rnk 93 / 952

About

Exports In 2022, Somalia exported $31k in Hand-Woven Rugs, making it the 112th largest exporter of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 65th most exported product in Somalia. The main destination of Hand-Woven Rugs exports from Somalia are: South Africa ($31k).

The fastest growing export markets for Hand-Woven Rugs of Somalia between N/A and 2022 were South Africa ($31k).

Imports In 2022, Somalia imported $8.78M in Hand-Woven Rugs, becoming the 73rd largest importer of Hand-Woven Rugs in the world. At the same year, Hand-Woven Rugs was the 93rd most imported product in Somalia. Somalia imports Hand-Woven Rugs primarily from: Turkey ($6.25M), Egypt ($1.29M), United Arab Emirates ($780k), China ($433k), and Oman ($15.6k).

The fastest growing import markets in Hand-Woven Rugs for Somalia between 2021 and 2022 were China ($324k), Egypt ($183k), and United Arab Emirates ($89k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$31k
IMPORTS (2022)$8.78M
NET TRADE (2022)-$8.75M

In 2022, Somalia exported $31k in Hand-Woven Rugs. The main destinations of Somalia exports on Hand-Woven Rugs were South Africa ($31k).

In 2022, Somalia imported $8.78M in Hand-Woven Rugs, mainly from Turkey ($6.25M), Egypt ($1.29M), United Arab Emirates ($780k), China ($433k), and Oman ($15.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hand-Woven Rugs EXPORT MARKETS FOR Somalia WERE (N/A - 2022):South Africa$31k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Somalia's main exporting competitors in Hand-Woven Rugs were:
Turkey $2.34B
India $785M
China $584M
In 2022, Somalia's main importing competitors in Hand-Woven Rugs were:

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Trade Value of Hand-Woven Rugs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Africa+ $7.53k
TOP IMPORT POTENTIALChina+ $267k

Hand-Woven Rugs’s highest export potential is South Africa. With an export gap of $7.53k.   Hand-Woven Rugs’s highest import potential is China with an import gap of $267k.

See methodology.

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