2022
Exports
$58.6kWorld Rnk 72 / 120
Flag Rnk 49 / 317
falsefalse Turkey
2022
Imports
$342World Rnk 0 / 0
Flag Rnk 0 / 0

About

Exports In 2022, Somalia exported $58.6k in Equine and Bovine Hides, making it the 72nd largest exporter of Equine and Bovine Hides in the world. At the same year, Equine and Bovine Hides was the 49th most exported product in Somalia. The main destination of Equine and Bovine Hides exports from Somalia are: Turkey ($48.1k) and Indonesia ($10.6k).

The fastest growing export markets for Equine and Bovine Hides of Somalia between 2021 and 2022 were Indonesia ($10.6k).

Imports In 2017, Somalia imported $342 in Equine and Bovine Hides, becoming the 0th largest importer of Equine and Bovine Hides in the world. At the same year, Equine and Bovine Hides was the 0th most imported product in Somalia. Somalia imports Equine and Bovine Hides primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2022)$58.6k
IMPORTS (2017)$342
NET TRADE (2022)$58.6k

In 2022, Somalia exported $58.6k in Equine and Bovine Hides. The main destinations of Somalia exports on Equine and Bovine Hides were Turkey ($48.1k) and Indonesia ($10.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Equine and Bovine Hides EXPORT MARKETS FOR Somalia WERE (2021 - 2022):Indonesia$10.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Equine and Bovine Hides BY Somalia WERE (2021 - 2022):
Nigeria-$117k (-100%)
United Arab Emirates-$40.1k (-100%)
Turkey-$20.9k (-30.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Somalia's main exporting competitors in Equine and Bovine Hides were:
Italy $68.5M
Austria $31.3M
Germany $16.4M
In 2022, Somalia's main importing competitors in Equine and Bovine Hides were:
Germany $35.5M
Nigeria $24.5M
Serbia $18.6M

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Trade Value of Equine and Bovine Hides by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $141k
TOP IMPORT POTENTIALUnited States+ $352

Equine and Bovine Hides’s highest export potential is Turkey. With an export gap of $141k.   Equine and Bovine Hides’s highest import potential is United States with an import gap of $352.

See methodology.

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