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Pricing

2020
Exports $16World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Umbrellas-0.043Rnk 560 / 1025
2020
Imports $342kWorld Rnk 163 / 218
Flag Rnk 438 / 952

About

Imports In 2022, Somalia imported $342k in Umbrellas, becoming the 163rd largest importer of Umbrellas in the world. At the same year, Umbrellas was the 438th most imported product in Somalia. Somalia imports Umbrellas primarily from: China ($243k), United Arab Emirates ($72.1k), United Kingdom ($15.8k), Kenya ($8.26k), and United States ($2.5k).

The fastest growing import markets in Umbrellas for Somalia between 2021 and 2022 were United Kingdom ($15.8k), United Arab Emirates ($13.2k), and Kenya ($6.87k).

Latest Trends

Jul 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 Umbrellas. 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)$16
IMPORTS (2022)$342k
NET TRADE (2022)-$342k

In 2022, Somalia imported $342k in Umbrellas, mainly from China ($243k), United Arab Emirates ($72.1k), United Kingdom ($15.8k), Kenya ($8.26k), and United States ($2.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Umbrellas were:
China $3.07B
Germany $83.4M
Netherlands $75.5M
In 2022, Somalia's main importing competitors in Umbrellas were:
United States $680M
Germany $267M
Japan $233M

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Trade Value of Umbrellas by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $525
TOP IMPORT POTENTIALChina+ $127k

Umbrellas’s highest export potential is United States. With an export gap of $525.   Umbrellas’s highest import potential is China with an import gap of $127k.

See methodology.

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