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2022
Exports $221kWorld Rnk 81 / 110
Flag Rnk 27 / 317
falsefalse China
2021 - 2022
FASTEST GROWING MARKETfalseChina
2022
PRODUCT COMPLEXITY IN Copper Ore-1.94Rnk 995 / 1025
2022
Imports $22.3kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2021 - 2022
FASTEST GROWING ORIGINfalsefalse

About

Exports In 2022, Somalia exported $221k in Copper Ore, making it the 81st largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 27th most exported product in Somalia. The main destination of Copper Ore exports from Somalia are: China ($221k), Belgium ($148), Kenya ($5), and United Arab Emirates ($3).

The fastest growing export markets for Copper Ore of Somalia between 2021 and 2022 were China ($209k), Belgium ($148), and Kenya ($5).

Imports In 2018, Somalia imported $22.3k in Copper Ore, becoming the 0th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 0th most imported product in Somalia. Somalia imports Copper Ore primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2022)$221k
IMPORTS (2018)$22.3k
NET TRADE (2022)$221k

In 2022, Somalia exported $221k in Copper Ore. The main destinations of Somalia exports on Copper Ore were China ($221k), Belgium ($148), Kenya ($5), and United Arab Emirates ($3).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Somalia WERE (2021 - 2022):
China$209k (1.77k%)
Belgium$148 (1%)
Kenya$5 (1%)
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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 Copper Ore were:
Chile $22.8B
Peru $13.5B
Indonesia $8.89B
In 2022, Somalia's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B
South Korea $6.27B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $594k
TOP IMPORT POTENTIALIndonesia+ $540

Copper Ore’s highest export potential is China. With an export gap of $594k.   Copper Ore’s highest import potential is Indonesia with an import gap of $540.

See methodology.

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