2022
Exports
$1.85MWorld Rnk 122 / 216
Flag Rnk 15 / 317
falsefalse India
2022
PRODUCT COMPLEXITY IN Industrial Fatty Acids, Oils and Alcohols
-0.69Rnk 753 / 1025
2022
Imports
$2.25MWorld Rnk 171 / 222
Flag Rnk 216 / 952

About

Exports In 2022, Somalia exported $1.85M in Industrial Fatty Acids, Oils and Alcohols, making it the 122nd largest exporter of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 15th most exported product in Somalia. The main destination of Industrial Fatty Acids, Oils and Alcohols exports from Somalia are: India ($1.81M) and United Arab Emirates ($33.7k).

Imports In 2022, Somalia imported $2.25M in Industrial Fatty Acids, Oils and Alcohols, becoming the 171st largest importer of Industrial Fatty Acids, Oils and Alcohols in the world. At the same year, Industrial Fatty Acids, Oils and Alcohols was the 216th most imported product in Somalia. Somalia imports Industrial Fatty Acids, Oils and Alcohols primarily from: China ($566k), Singapore ($558k), United Arab Emirates ($525k), Turkey ($187k), and Ethiopia ($184k).

The fastest growing import markets in Industrial Fatty Acids, Oils and Alcohols for Somalia between 2021 and 2022 were China ($443k), Singapore ($229k), and Ethiopia ($78.8k).

Latest Trends

Oct 2024

Subnational Monthly Trade

View
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 Industrial Fatty Acids, Oils and Alcohols. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.85M
IMPORTS (2022)$2.25M
NET TRADE (2022)-$399k

In 2022, Somalia exported $1.85M in Industrial Fatty Acids, Oils and Alcohols. The main destinations of Somalia exports on Industrial Fatty Acids, Oils and Alcohols were India ($1.81M) and United Arab Emirates ($33.7k).

In 2022, Somalia imported $2.25M in Industrial Fatty Acids, Oils and Alcohols, mainly from China ($566k), Singapore ($558k), United Arab Emirates ($525k), Turkey ($187k), and Ethiopia ($184k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Fatty Acids, Oils and Alcohols BY Somalia WERE (2021 - 2022):
India-$767k (-29.7%)
United Arab Emirates-$230k (-87.2%)
New Zealand-$130 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Somalia's main exporting competitors in Industrial Fatty Acids, Oils and Alcohols were:
In 2022, Somalia's main importing competitors in Industrial Fatty Acids, Oils and Alcohols were:

Explore Visualizations

Trade Value of Industrial Fatty Acids, Oils and Alcohols by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $718
TOP IMPORT POTENTIALIndonesia+ $852

Industrial Fatty Acids, Oils and Alcohols’s highest export potential is China. With an export gap of $718.   Industrial Fatty Acids, Oils and Alcohols’s highest import potential is Indonesia with an import gap of $852.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with