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Exports In 2022, Somalia exported $431k in Other Pure Vegetable Oils, making it the 102nd largest exporter of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 22nd most exported product in Somalia. The main destination of Other Pure Vegetable Oils exports from Somalia are: United States ($180k), United Arab Emirates ($69.2k), Turkey ($62.4k), Sweden ($44.9k), and United Kingdom ($41.6k).

The fastest growing export markets for Other Pure Vegetable Oils of Somalia between 2021 and 2022 were United States ($148k), United Arab Emirates ($16.1k), and Canada ($13.7k).

Imports In 2022, Somalia imported $29.6k in Other Pure Vegetable Oils, becoming the 197th largest importer of Other Pure Vegetable Oils in the world. At the same year, Other Pure Vegetable Oils was the 709th most imported product in Somalia. Somalia imports Other Pure Vegetable Oils primarily from: United Arab Emirates ($26.2k), Italy ($1.81k), Netherlands ($928), and Kenya ($663).

The fastest growing import markets in Other Pure Vegetable Oils for Somalia between 2021 and 2022 were Italy ($1.81k) and Kenya ($663).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Other Pure Vegetable Oils. 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)$431k
IMPORTS (2022)$29.6k
NET TRADE (2022)$402k

In 2022, Somalia exported $431k in Other Pure Vegetable Oils. The main destinations of Somalia exports on Other Pure Vegetable Oils were United States ($180k), United Arab Emirates ($69.2k), Turkey ($62.4k), Sweden ($44.9k), and United Kingdom ($41.6k).

In 2022, Somalia imported $29.6k in Other Pure Vegetable Oils, mainly from United Arab Emirates ($26.2k), Italy ($1.81k), Netherlands ($928), and Kenya ($663).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Pure Vegetable Oils EXPORT MARKETS FOR Somalia WERE (2021 - 2022):
United States$148k (456%)
United Arab Emirates$16.1k (30.3%)
Canada$13.7k (548%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Pure Vegetable Oils BY Somalia WERE (2021 - 2022):
Turkey-$61.3k (-49.6%)
United Kingdom-$51.2k (-55.2%)
Oman-$7.19k (-65.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Somalia's main exporting competitors in Other Pure Vegetable Oils were:
In 2022, Somalia's main importing competitors in Other Pure Vegetable Oils were:

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Trade Value of Other Pure Vegetable Oils by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $246k
TOP IMPORT POTENTIALItaly+ $2.98k

Other Pure Vegetable Oils’s highest export potential is United States. With an export gap of $246k.   Other Pure Vegetable Oils’s highest import potential is Italy with an import gap of $2.98k.

See methodology.

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