Rice in Somalia | The Observatory of Economic Complexity

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2020
Exports $3World Rnk 0 / 0
Flag

Rnk 0 / 0

falsefalseN/A

2022
PRODUCT COMPLEXITY IN Rice-1.95Rnk 998 / 1025

2020
Imports $243MWorld Rnk 43 / 221
Flag

Rnk 4 / 952

Image 1

Link: custom-image-1708

Image 2

Image by AMISOM Public Information
Link: https://flic.kr/p/cMaH8S

Latest Trends
Historical Data
Potential Exports

About

Imports In 2022, Somalia imported $243M in Rice, becoming the 43rd largest importer of Rice in the world. At the same year, Rice was the 4th most imported product in Somalia. Somalia imports Rice primarily from: N/A.

The fastest growing import markets in Rice for Somalia between 2021 and 2022 were India ($39.2M), Pakistan ($5.21M), and United Arab Emirates ($1.35M).

Latest Trends

May 2024

Subnational Monthly Trade

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Exports

Imports

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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 Rice. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2020)$3

IMPORTS (2022)$243M

NET TRADE (2022)-$243M

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Export Destinations (2022)

Import Origins (2022)

Market Growth

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Exports

Imports

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Change in Exports by Market (2021 - 2022)

Market Concentration

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Import

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In 2022, Somalia's main exporting competitors in Rice were:

Thailand $4.29B

In 2022, Somalia's main importing competitors in Rice were:

Philippines $1.63B

Saudi Arabia $1.23B

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow

Exports

Imports

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TOP EXPORT POTENTIALChina+ $743

TOP IMPORT POTENTIALChina+ $1.01M

Rice’s highest export potential is China. With an export gap of $743. Rice’s highest import potential is China with an import gap of $1.01M.

See methodology.

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