Salt in Somalia | The Observatory of Economic Complexity

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2021
Exports $1.63kWorld Rnk 0 / 0
Flag

Rnk 0 / 0

falsefalseN/A

2022
PRODUCT COMPLEXITY IN Salt-1.11Rnk 857 / 1025

2021
Imports $188kWorld Rnk 181 / 222
Flag

Rnk 503 / 952

Image 1

Link: custom-image-1705

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 $188k in Salt, becoming the 181st largest importer of Salt in the world. At the same year, Salt was the 503rd most imported product in Somalia. Somalia imports Salt primarily from: United Arab Emirates ($53k), Oman ($32.6k), Turkey ($28.2k), Egypt ($26.5k), and India ($24.2k).

The fastest growing import markets in Salt for Somalia between 2021 and 2022 were Oman ($27.5k), Egypt ($26.5k), and Turkey ($11.9k).

Latest Trends

Aug 2024

Subnational Monthly Trade

View

LinePlot

StackedArea

Flow

Exports

Imports

Y-AXIS SCALE

Linear

Log

Value

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 Salt. 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 (2021)$1.63k

IMPORTS (2022)$188k

NET TRADE (2022)-$188k

In 2022, Somalia imported $188k in Salt, mainly from United Arab Emirates ($53k), Oman ($32.6k), Turkey ($28.2k), Egypt ($26.5k), and India ($24.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Exports

Imports

Starting

Ending

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Salt BY Somalia WERE (N/A - 2021):

Ethiopia-$1.32k (-100%)

United Arab Emirates-$306 (-100%)

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Change in Exports by Market (2021 - 2022)

Market Concentration

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LinePlot

StackedArea

Flow

Export

Import

Type

Value

Share

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

Australia $512M

Netherlands $448M

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

United States $627M

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Trade Value of Salt by Exporters

Potential Exports

Potential Exports

Flow

Exports

Imports

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World Map

Bar Chart

TOP EXPORT POTENTIALUnited States+ $582

TOP IMPORT POTENTIALIndia+ $34.2k

Salt’s highest export potential is United States. With an export gap of $582. Salt’s highest import potential is India with an import gap of $34.2k.

See methodology.

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