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Pricing

2019
Exports $3.43kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Other Vegetable Oils-1.26Rnk 899 / 1025
2019
Imports $4.85MWorld Rnk 105 / 214
Flag Rnk 153 / 952

About

Imports In 2022, Somalia imported $4.85M in Other Vegetable Oils, becoming the 105th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 153rd most imported product in Somalia. Somalia imports Other Vegetable Oils primarily from: United States ($4.77M), Malaysia ($75.9k), Turkey ($1.91k), Netherlands ($1.82k), and United Arab Emirates ($100).

The fastest growing import markets in Other Vegetable Oils for Somalia between 2021 and 2022 were United States ($4.77M), Malaysia ($75.9k), and Netherlands ($1.82k).

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 Other 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 (2019)$3.43k
IMPORTS (2022)$4.85M
NET TRADE (2022)-$4.85M

In 2022, Somalia imported $4.85M in Other Vegetable Oils, mainly from United States ($4.77M), Malaysia ($75.9k), Turkey ($1.91k), Netherlands ($1.82k), and United Arab Emirates ($100).

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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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Type
In 2022, Somalia's main exporting competitors in Other Vegetable Oils were:
Malaysia $1.66B
Indonesia $1.52B
Netherlands $424M
In 2022, Somalia's main importing competitors in Other Vegetable Oils were:
China $786M
Netherlands $515M
United States $325M

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $630
TOP IMPORT POTENTIALMalaysia+ $159k

Other Vegetable Oils’s highest export potential is China. With an export gap of $630.   Other Vegetable Oils’s highest import potential is Malaysia with an import gap of $159k.

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