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2022
Exports $3.1kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food-1.65Rnk 965 / 1025
2022
Imports $26.7kWorld Rnk 137 / 202
Flag Rnk 705 / 965

About

Imports In 2023, Somalia imported $26.7k in Locust beans, seaweed, sugar beet, cane, for food, becoming the 137th largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 705th most imported product in Somalia. Somalia imports Locust beans, seaweed, sugar beet, cane, for food primarily from: United Arab Emirates ($24.5k) and Netherlands ($2.23k).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Somalia between 2022 and 2023 were Netherlands ($2.05k).

Latest Trends

Jan 2025

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 Locust beans, seaweed, sugar beet, cane, for food. 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)$3.1k
IMPORTS (2023)$26.7k
NET TRADE (2023)-$26.7k

In 2023, Somalia imported $26.7k in Locust beans, seaweed, sugar beet, cane, for food, mainly from United Arab Emirates ($24.5k) and Netherlands ($2.23k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Somalia WERE (N/A - 2022):Spain-$3.1k (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Somalia's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
China $500M
Nigeria $70.3M
Laos $65.9M
In 2023, Somalia's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:
China $253M
United States $118M
Germany $103M

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Trade Value of Locust beans, seaweed, sugar beet, cane, for food by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALSpain+ $4.82k
TOP IMPORT POTENTIALTurkey+ $3.19k

Locust beans, seaweed, sugar beet, cane, for food’s highest export potential is Spain. With an export gap of $4.82k.   Locust beans, seaweed, sugar beet, cane, for food’s highest import potential is Turkey with an import gap of $3.19k.

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