2023
Exports
$57World Rnk 208 / 212
Flag Rnk 309 / 348
2023
PRODUCT COMPLEXITY IN Imitation Jewellery
0.094Rnk 523 / 1025
2023
Imports
$470kWorld Rnk 158 / 221
Flag Rnk 388 / 965

About

Exports In 2023, Somalia exported $57 in Imitation Jewellery, making it the 208th largest exporter of Imitation Jewellery in the world. At the same year, Imitation Jewellery was the 309th most exported product in Somalia. The main destination of Imitation Jewellery exports from Somalia are: Denmark ($36) and Turkey ($21).

The fastest growing export markets for Imitation Jewellery of Somalia between 2022 and 2023 were Denmark ($36) and Turkey ($21).

Imports In 2023, Somalia imported $470k in Imitation Jewellery, becoming the 158th largest importer of Imitation Jewellery in the world. At the same year, Imitation Jewellery was the 388th most imported product in Somalia. Somalia imports Imitation Jewellery primarily from: China ($406k), India ($22.8k), United Arab Emirates ($14.5k), Thailand ($11.9k), and Turkey ($11.4k).

The fastest growing import markets in Imitation Jewellery for Somalia between 2022 and 2023 were United Arab Emirates ($14.1k), Ireland ($3.16k), and Austria ($18).

Latest Trends

Dec 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 Imitation Jewellery. 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 (2023)$57
IMPORTS (2023)$470k
NET TRADE (2023)-$470k

In 2023, Somalia exported $57 in Imitation Jewellery. The main destinations of Somalia exports on Imitation Jewellery were Denmark ($36) and Turkey ($21).

In 2023, Somalia imported $470k in Imitation Jewellery, mainly from China ($406k), India ($22.8k), United Arab Emirates ($14.5k), Thailand ($11.9k), and Turkey ($11.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Imitation Jewellery EXPORT MARKETS FOR Somalia WERE (2022 - 2023):
Denmark$36 (1%)
Turkey$21 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Imitation Jewellery BY Somalia WERE (2022 - 2023):
United States-$2.72k (-100%)
Sweden-$99 (-100%)
Bahrain-$87 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Somalia's main exporting competitors in Imitation Jewellery were:
China $4.39B
Italy $719M
In 2023, Somalia's main importing competitors in Imitation Jewellery were:

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Trade Value of Imitation Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.59k
TOP IMPORT POTENTIALChina+ $212k

Imitation Jewellery’s highest export potential is United States. With an export gap of $8.59k.   Imitation Jewellery’s highest import potential is China with an import gap of $212k.

See methodology.

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