2021
Exports
$15.2kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Wheat
-0.42Rnk 677 / 1025
2021
Imports
$42.6MWorld Rnk 114 / 194
Flag Rnk 26 / 952

About

Imports In 2022, Somalia imported $42.6M in Wheat, becoming the 114th largest importer of Wheat in the world. At the same year, Wheat was the 26th most imported product in Somalia. Somalia imports Wheat primarily from: Ukraine ($22.6M), United States ($17.8M), India ($1.07M), Turkey ($474k), and China ($439k).

The fastest growing import markets in Wheat for Somalia between 2021 and 2022 were United States ($17.8M), Ukraine ($14.1M), and Turkey ($474k).

Latest Trends

Oct 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 Wheat. 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 (2021)$15.2k
IMPORTS (2022)$42.6M
NET TRADE (2022)-$42.6M

In 2022, Somalia imported $42.6M in Wheat, mainly from Ukraine ($22.6M), United States ($17.8M), India ($1.07M), Turkey ($474k), and China ($439k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Somalia WERE (N/A - 2021):
Botswana-$13.5k (-100%)
United Kingdom-$1.72k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Wheat were:
In 2022, Somalia's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $772
TOP IMPORT POTENTIALIndia+ $1.21M

Wheat’s highest export potential is China. With an export gap of $772.   Wheat’s highest import potential is India with an import gap of $1.21M.

See methodology.

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