2021
Exports
$7.81kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Malt Extract
0.015Rnk 542 / 1025
2021
Imports
$15.2MWorld Rnk 134 / 224
Flag Rnk 63 / 952

About

Imports In 2022, Somalia imported $15.2M in Malt Extract, becoming the 134th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 63rd most imported product in Somalia. Somalia imports Malt Extract primarily from: United Arab Emirates ($4.8M), France ($3.71M), Oman ($1.77M), Belgium ($1.06M), and Poland ($979k).

The fastest growing import markets in Malt Extract for Somalia between 2021 and 2022 were United Arab Emirates ($2.12M), Belgium ($1.06M), and Oman ($1.04M).

Latest Trends

Aug 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 Malt Extract. 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)$7.81k
IMPORTS (2022)$15.2M
NET TRADE (2022)-$15.2M

In 2022, Somalia imported $15.2M in Malt Extract, mainly from United Arab Emirates ($4.8M), France ($3.71M), Oman ($1.77M), Belgium ($1.06M), and Poland ($979k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Somalia WERE (N/A - 2021):United Arab Emirates-$7.81k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Malt Extract were:
In 2022, Somalia's main importing competitors in Malt Extract were:

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Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $821
TOP IMPORT POTENTIALIreland+ $240k

Malt Extract’s highest export potential is China. With an export gap of $821.   Malt Extract’s highest import potential is Ireland with an import gap of $240k.

See methodology.

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