2021
Exports
$5.9kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils
-0.34Rnk 660 / 1025
2021
Imports
$2World Rnk 186 / 186
Flag Rnk 951 / 952

About

Imports In 2022, Somalia imported $2 in Inedible Fats and Oils, becoming the 186th largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 951st most imported product in Somalia. Somalia imports Inedible Fats and Oils primarily from: Turkey ($2).

Latest Trends

Jul 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 Inedible Fats and Oils. 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 (2021)$5.9k
IMPORTS (2022)$2
NET TRADE (2022)-$2

In 2022, Somalia imported $2 in Inedible Fats and Oils, mainly from Turkey ($2).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Somalia WERE (N/A - 2021):United Arab Emirates-$5.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Inedible Fats and Oils were:
In 2022, Somalia's main importing competitors in Inedible Fats and Oils were:

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $543
TOP IMPORT POTENTIALChina+ $451

Inedible Fats and Oils’s highest export potential is United States. With an export gap of $543.   Inedible Fats and Oils’s highest import potential is China with an import gap of $451.

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