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Exports In 2022, Somalia exported $11.9k in Integrated Circuits, making it the 204th largest exporter of Integrated Circuits in the world. At the same year, Integrated Circuits was the 98th most exported product in Somalia. The main destination of Integrated Circuits exports from Somalia are: China ($5.32k), Dominican Republic ($3.54k), Germany ($1.54k), Angola ($1.07k), and Canada ($402).

The fastest growing export markets for Integrated Circuits of Somalia between 2021 and 2022 were Dominican Republic ($3.54k), Germany ($1.54k), and Angola ($1.07k).

Imports In 2022, Somalia imported $5.54M in Integrated Circuits, becoming the 127th largest importer of Integrated Circuits in the world. At the same year, Integrated Circuits was the 134th most imported product in Somalia. Somalia imports Integrated Circuits primarily from: China ($2.38M), United Arab Emirates ($2.38M), France ($333k), Germany ($246k), and Romania ($123k).

The fastest growing import markets in Integrated Circuits for Somalia between 2021 and 2022 were China ($1.84M), France ($326k), and Germany ($174k).

Latest Trends

Oct 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 Integrated Circuits. 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

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EXPORTS (2022)$11.9k
IMPORTS (2022)$5.54M
NET TRADE (2022)-$5.53M

In 2022, Somalia exported $11.9k in Integrated Circuits. The main destinations of Somalia exports on Integrated Circuits were China ($5.32k), Dominican Republic ($3.54k), Germany ($1.54k), Angola ($1.07k), and Canada ($402).

In 2022, Somalia imported $5.54M in Integrated Circuits, mainly from China ($2.38M), United Arab Emirates ($2.38M), France ($333k), Germany ($246k), and Romania ($123k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Integrated Circuits EXPORT MARKETS FOR Somalia WERE (2021 - 2022):
Germany$1.54k (1%)
Angola$1.07k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Integrated Circuits BY Somalia WERE (2021 - 2022):
Thailand-$622k (-100%)
China-$347k (-98.5%)
United Arab Emirates-$7.54k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Integrated Circuits were:
In 2022, Somalia's main importing competitors in Integrated Circuits were:

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Trade Value of Integrated Circuits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $33.3k
TOP IMPORT POTENTIALUnited States+ $45.3k

Integrated Circuits’s highest export potential is China. With an export gap of $33.3k.   Integrated Circuits’s highest import potential is United States with an import gap of $45.3k.

See methodology.

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