Insect Resins in Somalia | The Observatory of Economic Complexity

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Exports In 2022, Somalia exported $32.3M in Insect Resins, making it the 9th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 4th most exported product in Somalia. The main destination of Insect Resins exports from Somalia are: Bulgaria ($17.7M), France ($3.16M), China ($2.49M), Germany ($2.1M), and Spain ($1.43M).

The fastest growing export markets for Insect Resins of Somalia between 2021 and 2022 were Bulgaria ($7.96M), Serbia ($290k), and United Kingdom ($247k).

Imports In 2022, Somalia imported $1.19M in Insect Resins, becoming the 66th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 288th most imported product in Somalia. Somalia imports Insect Resins primarily from: Spain ($343k), India ($269k), Morocco ($229k), United Arab Emirates ($176k), and Turkey ($143k).

The fastest growing import markets in Insect Resins for Somalia between 2021 and 2022 were Spain ($343k), Morocco ($229k), and India ($222k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Insect Resins from Somalia to the United States.

Feb 2024

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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 Insect Resins. Countries are shown based on data availability.

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

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EXPORTS (2022)$32.3M

IMPORTS (2022)$1.19M

NET TRADE (2022)$31.1M

In 2022, Somalia exported $32.3M in Insect Resins. The main destinations of Somalia exports on Insect Resins were Bulgaria ($17.7M), France ($3.16M), China ($2.49M), Germany ($2.1M), and Spain ($1.43M).

In 2022, Somalia imported $1.19M in Insect Resins, mainly from Spain ($343k), India ($269k), Morocco ($229k), United Arab Emirates ($176k), and Turkey ($143k).