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2018
Imports
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Flag Rnk 326 / 952

About

Imports In 2022, Somalia imported $851k in Olive Oil, becoming the 66th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 326th most imported product in Somalia. Somalia imports Olive Oil primarily from: Spain ($426k), South Africa ($326k), Tunisia ($62.7k), Oman ($31.4k), and United Arab Emirates ($4.79k).

The fastest growing import markets in Olive Oil for Somalia between 2021 and 2022 were South Africa ($180k), Oman ($31.4k), and Spain ($21.5k).

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 Olive Oil. 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
IMPORTS (2022)$851k

In 2022, Somalia imported $851k in Olive Oil, mainly from Spain ($426k), South Africa ($326k), Tunisia ($62.7k), Oman ($31.4k), and United Arab Emirates ($4.79k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Somalia's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $372
TOP IMPORT POTENTIALUnited Arab Emirates+ $3.23k

Olive Oil’s highest export potential is United States. With an export gap of $372.   Olive Oil’s highest import potential is United Arab Emirates with an import gap of $3.23k.

See methodology.

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