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Exports In 2022, Somalia exported $5.22k in Used Rubber Tires, making it the 145th largest exporter of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 132nd most exported product in Somalia. The main destination of Used Rubber Tires exports from Somalia are: Kenya ($5.22k).

The fastest growing export markets for Used Rubber Tires of Somalia between 2021 and 2022 were Kenya ($5.22k).

Imports In 2022, Somalia imported $2.39M in Used Rubber Tires, becoming the 103rd largest importer of Used Rubber Tires in the world. At the same year, Used Rubber Tires was the 212th most imported product in Somalia. Somalia imports Used Rubber Tires primarily from: United Arab Emirates ($1.67M), China ($236k), India ($212k), Germany ($180k), and Kenya ($26k).

The fastest growing import markets in Used Rubber Tires for Somalia between 2021 and 2022 were United Arab Emirates ($1.64M), Kenya ($26k), and China ($21.3k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Used Rubber Tires. 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 (2022)$5.22k
IMPORTS (2022)$2.39M
NET TRADE (2022)-$2.38M

In 2022, Somalia exported $5.22k in Used Rubber Tires. The main destinations of Somalia exports on Used Rubber Tires were Kenya ($5.22k).

In 2022, Somalia imported $2.39M in Used Rubber Tires, mainly from United Arab Emirates ($1.67M), China ($236k), India ($212k), Germany ($180k), and Kenya ($26k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Used Rubber Tires EXPORT MARKETS FOR Somalia WERE (2021 - 2022):Kenya$5.22k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used Rubber Tires BY Somalia WERE (2021 - 2022):Netherlands-$13.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Somalia's main exporting competitors in Used Rubber Tires were:
In 2022, Somalia's main importing competitors in Used Rubber Tires were:

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Trade Value of Used Rubber Tires by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALKenya+ $3.44k
TOP IMPORT POTENTIALIndia+ $97.1k

Used Rubber Tires’s highest export potential is Kenya. With an export gap of $3.44k.   Used Rubber Tires’s highest import potential is India with an import gap of $97.1k.

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