Insect Resins in Somalia

2019
Exports | Imports
: $35.7M | $102k, World Rnk 8 / 137
Flag Rnk 4 / 293 | World Rnk 120 / 183
Flag Rnk 527 / 939

2019
Destination | Origin
: $16.3M | $73.2k, Bulgaria | India

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $4.91M | false, China |  false

2019
ECONOMIC COMPLEXITY of Somalia
: -1.28, Rnk 144 / 157

2019
PRODUCT COMPLEXITY  IN Insect Resins
: -2.26, Rnk 1016 / 1029

Exports: In 2019, Somalia exported $35.7M in Insect Resins, making it the 8th 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 ($16.3M), China ($7.28M), France ($4.2M), Spain ($1.91M), and Turkey ($1.74M).

The fastest growing export markets for Insect Resins of Somalia between 2018 and 2019 were China ($4.91M), Spain ($721k), and Morocco ($596k).

Imports: In 2019, Somalia imported $102k in Insect Resins, becoming the 120th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 527th most imported product in Somalia. Somalia imports Insect Resins primarily from: India ($73.2k), Kenya ($22.8k), and United Arab Emirates ($5.91k).

Value

EXPORTS (2019): $35.7M

IMPORTS (2019): $102k

NET TRADE (2019): $35.6M

In 2019, Somalia exported $35.7M in Insect Resins. The main destinations of Somalia exports on Insect Resins were Bulgaria ($16.3M), China ($7.28M), France ($4.2M), Spain ($1.91M), and Turkey ($1.74M).

In 2019, Somalia imported $102k in Insect Resins, mainly from India ($73.2k), Kenya ($22.8k), and United Arab Emirates ($5.91k).

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IN 2019, Somalia HAD A POSITIVE NET TRADE IN Insect Resins WITH:

Flow

THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Somalia WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Somalia WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Somalia's main exporting competitors in Insect Resins were:

In 2018, Somalia's main importing competitors in Insect Resins were:

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