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Pricing

2018
Exports $8.55kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Ground Nuts-2.21Rnk 1007 / 1025
2018
Imports $368kWorld Rnk 129 / 201
Flag Rnk 431 / 952

About

Imports In 2022, Somalia imported $368k in Ground Nuts, becoming the 129th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 431st most imported product in Somalia. Somalia imports Ground Nuts primarily from: United Arab Emirates ($248k), India ($118k), and Lebanon ($1.71k).

The fastest growing import markets in Ground Nuts for Somalia between 2021 and 2022 were India ($118k) and United Arab Emirates ($6.72k).

Historical Data

Trade Balance

Color
EXPORTS (2021)$8.55k
IMPORTS (2022)$368k
NET TRADE (2022)-$368k

In 2022, Somalia imported $368k in Ground Nuts, mainly from United Arab Emirates ($248k), India ($118k), and Lebanon ($1.71k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Somalia WERE (N/A - 2021):Turkey-$8.55k (-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 Ground Nuts were:
Argentina $818M
India $732M
United States $543M
In 2022, Somalia's main importing competitors in Ground Nuts were:
China $672M
Netherlands $464M
Indonesia $389M

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $632
TOP IMPORT POTENTIALIndia+ $110k

Ground Nuts’s highest export potential is China. With an export gap of $632.   Ground Nuts’s highest import potential is India with an import gap of $110k.

See methodology.

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