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Pricing

2016
Exports $34.9kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Margarine-0.83Rnk 786 / 1025
2016
Imports $313kWorld Rnk 198 / 219
Flag Rnk 450 / 952

About

Imports In 2022, Somalia imported $313k in Margarine, becoming the 198th largest importer of Margarine in the world. At the same year, Margarine was the 450th most imported product in Somalia. Somalia imports Margarine primarily from: Kenya ($130k), Egypt ($65.3k), Netherlands ($52.7k), United Arab Emirates ($38.8k), and Italy ($15.8k).

The fastest growing import markets in Margarine for Somalia between 2021 and 2022 were Netherlands ($52.7k), United Arab Emirates ($29.2k), and Kenya ($25.8k).

Latest Trends

Jul 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 Margarine. 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 (2016)$34.9k
IMPORTS (2022)$313k
NET TRADE (2022)-$313k

In 2022, Somalia imported $313k in Margarine, mainly from Kenya ($130k), Egypt ($65.3k), Netherlands ($52.7k), United Arab Emirates ($38.8k), and Italy ($15.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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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 Margarine were:
Indonesia $1.98B
Belgium $849M
Netherlands $805M
In 2022, Somalia's main importing competitors in Margarine were:
China $1.33B
France $570M
Germany $519M

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $679
TOP IMPORT POTENTIALKenya+ $55.1k

Margarine’s highest export potential is China. With an export gap of $679.   Margarine’s highest import potential is Kenya with an import gap of $55.1k.

See methodology.

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