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2021
Exports $505World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Other Carpets-0.63Rnk 739 / 1025
2021
Imports $992kWorld Rnk 116 / 223
Flag Rnk 307 / 952

About

Imports In 2022, Somalia imported $992k in Other Carpets, becoming the 116th largest importer of Other Carpets in the world. At the same year, Other Carpets was the 307th most imported product in Somalia. Somalia imports Other Carpets primarily from: China ($931k), Turkey ($32.8k), United Arab Emirates ($11.2k), Denmark ($7.63k), and United States ($6.31k).

The fastest growing import markets in Other Carpets for Somalia between 2021 and 2022 were China ($465k), United Arab Emirates ($9.5k), and Denmark ($7.63k).

Latest Trends

Jul 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 Other Carpets. 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 (2021)$505
IMPORTS (2022)$992k
NET TRADE (2022)-$992k

In 2022, Somalia imported $992k in Other Carpets, mainly from China ($931k), Turkey ($32.8k), United Arab Emirates ($11.2k), Denmark ($7.63k), and United States ($6.31k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Carpets BY Somalia WERE (N/A - 2021):Canada-$505 (-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 Other Carpets were:
China $1.48B
India $294M
Netherlands $55.6M
In 2022, Somalia's main importing competitors in Other Carpets were:
United States $312M
Japan $173M
Iraq $171M

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Trade Value of Other Carpets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $494
TOP IMPORT POTENTIALChina+ $74.9k

Other Carpets’s highest export potential is United States. With an export gap of $494.   Other Carpets’s highest import potential is China with an import gap of $74.9k.

See methodology.

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