EXPORTS (2018): $675k, World Rnk 96 / 154
Rnk 23 / 173
TOP DESTINATION (2018): $675k, United Kingdom
FASTEST GROWING MARKET (2016 - 2018): $675k, United Kingdom
IMPORTS (2018): $27.9M, World Rnk 77 / 217 Rnk 22 / 865
TOP ORIGIN (2018): $20.4M, United Arab Emirates
FASTEST GROWING ORIGIN (2017 - 2018): $20.4M, United Arab Emirates
PRODUCT COMPLEXITY IN Processed Fish (2018): -1.3, Rnk 900 / 1018
Exports: In 2018, Somalia exported $675k in Processed Fish, making it the 96th largest exporter of Processed Fish in the world. At the same year, Processed Fish was the 23rd most exported product in Somalia. The main destination of Processed Fish exports from Somalia are: United Kingdom ($675k).
The fastest growing export markets for Processed Fish of Somalia between 2016 and 2018 were United Kingdom ($675k).
Imports: In 2018, Somalia imported $27.9M in Processed Fish, becoming the 77th largest importer of Processed Fish in the world. At the same year, Processed Fish was the 22nd most imported product in Somalia. Somalia imports Processed Fish primarily from: United Arab Emirates ($20.4M), Thailand ($7.35M), United Kingdom ($83.2k), South Africa ($37.3k), and Netherlands ($14k).
The fastest growing import markets in Processed Fish for Somalia between 2017 and 2018 were United Arab Emirates ($20.4M), Thailand ($7.35M), and United Kingdom ($42.3k).
EXPORTS (2018): $675k
IMPORTS (2018): $27.9M
NET TRADE (2018): -$27.3M
In 2018, Somalia exported $675k in Processed Fish. The main destinations of Somalia exports on Processed Fish were United Kingdom ($675k).
In 2018, Somalia imported $27.9M in Processed Fish, mainly from United Arab Emirates ($20.4M), Thailand ($7.35M), United Kingdom ($83.2k), South Africa ($37.3k), and Netherlands ($14k).
IN 2018, Somalia HAD A POSITIVE NET TRADE IN Processed Fish WITH:: United Kingdom , $592k ($675k - $83.2k)
THE FASTEST GROWING Processed Fish EXPORT MARKETS FOR Somalia WERE (2016 - 2018):: United Kingdom, $675k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Fish BY Somalia WERE (2016 - 2018):: United Arab Emirates, -$68.5k (-100%)
In 2018, Somalia's main exporting competitors in Processed Fish were:
In 2018, Somalia's main importing competitors in Processed Fish were:
This section shows forecasts for total exports and imports, for Processed Fish in Somalia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.
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