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2023
Exports $377MWorld Rnk 2 / 103
Flag Rnk 1 / 348
falsefalse Saudi Arabia
2022 - 2023
FASTEST GROWING MARKETfalseSaudi Arabia
2023
PRODUCT COMPLEXITY IN Sheep and Goats-1.62Rnk 962 / 1025
2023
Imports $5.97kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022 - 2023
FASTEST GROWING ORIGINfalsefalse

About

Exports In 2023, Somalia exported $377M in Sheep and Goats, making it the 2nd largest exporter of Sheep and Goats in the world. At the same year, Sheep and Goats was the 1st most exported product in Somalia. The main destination of Sheep and Goats exports from Somalia are: Saudi Arabia ($205M), Oman ($139M), United Arab Emirates ($13.5M), Qatar ($9.54M), and Bahrain ($7.05M).

The fastest growing export markets for Sheep and Goats of Somalia between 2022 and 2023 were Saudi Arabia ($95.5M), United Arab Emirates ($3.57M), and Kuwait ($1.26M).

Imports In 2021, Somalia imported $5.97k in Sheep and Goats, becoming the 0th largest importer of Sheep and Goats in the world. At the same year, Sheep and Goats was the 0th most imported product in Somalia. Somalia imports Sheep and Goats primarily from: N/A.

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 Sheep and Goats. 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 (2023)$377M
IMPORTS (2021)$5.97k
NET TRADE (2023)$377M

In 2023, Somalia exported $377M in Sheep and Goats. The main destinations of Somalia exports on Sheep and Goats were Saudi Arabia ($205M), Oman ($139M), United Arab Emirates ($13.5M), Qatar ($9.54M), and Bahrain ($7.05M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goats EXPORT MARKETS FOR Somalia WERE (2022 - 2023):
Saudi Arabia$95.5M (87%)
United Arab Emirates$3.57M (35.8%)
Kuwait$1.26M (159%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sheep and Goats BY Somalia WERE (2022 - 2023):Oman-$4.07M (-2.84%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Somalia's main exporting competitors in Sheep and Goats were:
Sudan $693M
Iran $337M
In 2023, Somalia's main importing competitors in Sheep and Goats were:
Saudi Arabia $1.17B
Oman $345M
Kuwait $283M

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Trade Value of Sheep and Goats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALKuwait+ $1.86M
TOP IMPORT POTENTIALIran+ $287

Sheep and Goats’s highest export potential is Kuwait. With an export gap of $1.86M.   Sheep and Goats’s highest import potential is Iran with an import gap of $287.

See methodology.

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