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2022
Exports $2.01kWorld Rnk 170 / 200
Flag Rnk 179 / 317
2022
Destination $2.01k New Zealand
2021 - 2022
FASTEST GROWING MARKET $2.01kNew Zealand
2022
PRODUCT COMPLEXITY IN Knit Men's Shirts-1.58Rnk 957 / 1025
2022
Imports $2.83MWorld Rnk 107 / 222
Flag Rnk 196 / 952
2022
Origin $42.3k India
2021 - 2022
FASTEST GROWING ORIGIN $42.3kChina

About

Exports In 2022, Somalia exported $2.01k in Knit Men's Shirts, making it the 170th largest exporter of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 179th most exported product in Somalia. The main destination of Knit Men's Shirts exports from Somalia are: New Zealand ($2.01k).

The fastest growing export markets for Knit Men's Shirts of Somalia between 2021 and 2022 were New Zealand ($2.01k).

Imports In 2022, Somalia imported $2.83M in Knit Men's Shirts, becoming the 107th largest importer of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 196th most imported product in Somalia. Somalia imports Knit Men's Shirts primarily from: India ($1.89M), China ($543k), Turkey ($211k), United Arab Emirates ($160k), and Switzerland ($10.2k).

The fastest growing import markets in Knit Men's Shirts for Somalia between 2021 and 2022 were China ($42.3k), Switzerland ($10.2k), and Italy ($3.92k).

Latest Trends

Oct 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 Knit Men's Shirts. 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 (2022)$2.01k
IMPORTS (2022)$2.83M
NET TRADE (2022)-$2.83M

In 2022, Somalia exported $2.01k in Knit Men's Shirts. The main destinations of Somalia exports on Knit Men's Shirts were New Zealand ($2.01k).

In 2022, Somalia imported $2.83M in Knit Men's Shirts, mainly from India ($1.89M), China ($543k), Turkey ($211k), United Arab Emirates ($160k), and Switzerland ($10.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Shirts EXPORT MARKETS FOR Somalia WERE (2021 - 2022):New Zealand$2.01k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Shirts BY Somalia WERE (2021 - 2022):
Singapore-$805 (-100%)
Ireland-$252 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Knit Men's Shirts were:
Bangladesh $1.44B
China $1.42B
Vietnam $920M
In 2022, Somalia's main importing competitors in Knit Men's Shirts were:
United States $2.7B
Germany $804M
United Kingdom $512M

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Trade Value of Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.2k
TOP IMPORT POTENTIALChina+ $282k

Knit Men's Shirts’s highest export potential is United States. With an export gap of $1.2k.   Knit Men's Shirts’s highest import potential is China with an import gap of $282k.

See methodology.

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