2020
Exports
$4World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Safes
0.8Rnk 257 / 1025
2020
Imports
$127kWorld Rnk 170 / 216
Flag Rnk 550 / 965

About

Imports In 2023, Somalia imported $127k in Safes, becoming the 170th largest importer of Safes in the world. At the same year, Safes was the 550th most imported product in Somalia. Somalia imports Safes primarily from: United Arab Emirates ($81.4k), China ($22.8k), Turkey ($22.6k), and Kenya ($306).

The fastest growing import markets in Safes for Somalia between 2022 and 2023 were Turkey ($6.43k) and Kenya ($306).

Latest Trends

Dec 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 Safes. 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 (2020)$4
IMPORTS (2023)$127k
NET TRADE (2023)-$127k

In 2023, Somalia imported $127k in Safes, mainly from United Arab Emirates ($81.4k), China ($22.8k), Turkey ($22.6k), and Kenya ($306).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Somalia's main exporting competitors in Safes were:
China $568M
Mexico $86.6M
Germany $57.5M
In 2023, Somalia's main importing competitors in Safes were:

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Trade Value of Safes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $507
TOP IMPORT POTENTIALChina+ $62.6k

Safes’s highest export potential is United States. With an export gap of $507.   Safes’s highest import potential is China with an import gap of $62.6k.

See methodology.

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