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Exports In 2023, Somalia exported $25.5k in Copper Ore, making it the 89th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 100th most exported product in Somalia. The main destination of Copper Ore exports from Somalia are: China ($24.6k) and United Arab Emirates ($905).

The fastest growing export markets for Copper Ore of Somalia between 2022 and 2023 were United Arab Emirates ($902).

Imports In 2023, Somalia imported $3.53k in Copper Ore, becoming the 80th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 859th most imported product in Somalia. Somalia imports Copper Ore primarily from: United Arab Emirates ($3.53k).

The fastest growing import markets in Copper Ore for Somalia between N/A and 2023 were United Arab Emirates ($3.53k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$25.5k
IMPORTS (2023)$3.53k
NET TRADE (2023)$21.9k

In 2023, Somalia exported $25.5k in Copper Ore. The main destinations of Somalia exports on Copper Ore were China ($24.6k) and United Arab Emirates ($905).

In 2023, Somalia imported $3.53k in Copper Ore, mainly from United Arab Emirates ($3.53k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Somalia WERE (2022 - 2023):United Arab Emirates$902 (30.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Somalia WERE (2022 - 2023):
China-$218k (-89.9%)
Belgium-$162 (-100%)
Kenya-$5 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Somalia's main exporting competitors in Copper Ore were:
Chile $24.2B
Peru $19.9B
In 2023, Somalia's main importing competitors in Copper Ore were:

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
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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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