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Pricing

2021
Exports $16World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Chocolate0.14Rnk 508 / 1025
2021
Imports $7.4MWorld Rnk 134 / 225
Flag Rnk 108 / 952

About

Imports In 2022, Somalia imported $7.4M in Chocolate, becoming the 134th largest importer of Chocolate in the world. At the same year, Chocolate was the 108th most imported product in Somalia. Somalia imports Chocolate primarily from: United Arab Emirates ($3.68M), Turkey ($2.97M), India ($565k), Oman ($52k), and Italy ($46.6k).

The fastest growing import markets in Chocolate for Somalia between 2021 and 2022 were United Arab Emirates ($2.18M), Turkey ($911k), and Spain ($25.8k).

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 Chocolate. 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)$16
IMPORTS (2022)$7.4M
NET TRADE (2022)-$7.4M

In 2022, Somalia imported $7.4M in Chocolate, mainly from United Arab Emirates ($3.68M), Turkey ($2.97M), India ($565k), Oman ($52k), and Italy ($46.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Somalia WERE (N/A - 2021):Ireland-$16 (-100%)
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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 Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Somalia's main importing competitors in Chocolate were:
United States $3.81B
Germany $2.53B
France $2.33B

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $739
TOP IMPORT POTENTIALIndia+ $198k

Chocolate’s highest export potential is United States. With an export gap of $739.   Chocolate’s highest import potential is India with an import gap of $198k.

See methodology.

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