2023
Exports
$135kWorld Rnk 105 / 178
Flag Rnk 49 / 348
falsefalse China
2023
PRODUCT COMPLEXITY IN Other Mineral
-1.39Rnk 923 / 1025
2023
Imports
$40.7kWorld Rnk 0 / 0
Flag Rnk 0 / 0

About

Exports In 2023, Somalia exported $135k in Other Mineral, making it the 105th largest exporter of Other Mineral in the world. At the same year, Other Mineral was the 49th most exported product in Somalia. The main destination of Other Mineral exports from Somalia are: China ($128k), India ($6.26k), Turkey ($339), South Africa ($152), and Canada ($77).

The fastest growing export markets for Other Mineral of Somalia between 2022 and 2023 were China ($56.1k), India ($6.26k), and South Africa ($141).

Imports In 2022, Somalia imported $40.7k in Other Mineral, becoming the 0th largest importer of Other Mineral in the world. At the same year, Other Mineral was the 0th most imported product in Somalia. Somalia imports Other Mineral primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2023)$135k
IMPORTS (2022)$40.7k
NET TRADE (2023)$135k

In 2023, Somalia exported $135k in Other Mineral. The main destinations of Somalia exports on Other Mineral were China ($128k), India ($6.26k), Turkey ($339), South Africa ($152), and Canada ($77).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Mineral EXPORT MARKETS FOR Somalia WERE (2022 - 2023):
China$56.1k (77.5%)
India$6.26k (1%)
South Africa$141 (1.28k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Mineral BY Somalia WERE (2022 - 2023):
Turkey-$1.56k (-82.1%)
Ireland-$11 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Somalia's main exporting competitors in Other Mineral were:
In 2023, Somalia's main importing competitors in Other Mineral were:

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Trade Value of Other Mineral by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $149k
TOP IMPORT POTENTIALAustralia+ $1.03k

Other Mineral’s highest export potential is China. With an export gap of $149k.   Other Mineral’s highest import potential is Australia with an import gap of $1.03k.

See methodology.

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