2020
Exports
$103kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2020
Imports
$15.3MWorld Rnk 95 / 211
Flag Rnk 62 / 952

About

Imports In 2022, Somalia imported $15.3M in Seed Oils, becoming the 95th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 62nd most imported product in Somalia. Somalia imports Seed Oils primarily from: Turkey ($14.1M), Ukraine ($591k), Spain ($247k), Oman ($178k), and United Arab Emirates ($69.6k).

The fastest growing import markets in Seed Oils for Somalia between 2021 and 2022 were Turkey ($1.96M), Spain ($119k), and Serbia ($25.4k).

Latest Trends

Sep 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 Seed 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 (2020)$103k
IMPORTS (2022)$15.3M
NET TRADE (2022)-$15.3M

In 2022, Somalia imported $15.3M in Seed Oils, mainly from Turkey ($14.1M), Ukraine ($591k), Spain ($247k), Oman ($178k), and United Arab Emirates ($69.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Somalia's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $774
TOP IMPORT POTENTIALSpain+ $205k

Seed Oils’s highest export potential is India. With an export gap of $774.   Seed Oils’s highest import potential is Spain with an import gap of $205k.

See methodology.

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