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Exports In 2022, Somalia exported $64.5k in Other Mineral, making it the 110th largest exporter of Other Mineral in the world. At the same year, Other Mineral was the 45th most exported product in Somalia. The main destination of Other Mineral exports from Somalia are: China ($62.8k), Turkey ($1.66k), South Africa ($11), and Ireland ($9).

The fastest growing export markets for Other Mineral of Somalia between 2021 and 2022 were Turkey ($1.66k) and Ireland ($9).

Imports In 2022, Somalia imported $40.7k in Other Mineral, becoming the 153rd largest importer of Other Mineral in the world. At the same year, Other Mineral was the 668th most imported product in Somalia. Somalia imports Other Mineral primarily from: United Arab Emirates ($40.7k).

The fastest growing import markets in Other Mineral for Somalia between 2021 and 2022 were United Arab Emirates ($40.7k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$64.5k
IMPORTS (2022)$40.7k
NET TRADE (2022)$23.8k

In 2022, Somalia exported $64.5k in Other Mineral. The main destinations of Somalia exports on Other Mineral were China ($62.8k), Turkey ($1.66k), South Africa ($11), and Ireland ($9).

In 2022, Somalia imported $40.7k in Other Mineral, mainly from United Arab Emirates ($40.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Mineral EXPORT MARKETS FOR Somalia WERE (2021 - 2022):
Turkey$1.66k (1%)
Ireland$9 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Mineral BY Somalia WERE (2021 - 2022):
China-$97.1k (-60.7%)
South Africa-$25 (-69.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Other Mineral were:
In 2022, Somalia's main importing competitors in Other Mineral were:

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Trade Value of Other Mineral by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $149k
TOP IMPORT POTENTIALAustralia+ $1.03k

Other Mineral’s highest export potential is China. With an export gap of $149k.   Other Mineral’s highest import potential is Australia with an import gap of $1.03k.

See methodology.

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