2022
Exports
$22.5kWorld Rnk 182 / 217
Flag Rnk 77 / 317
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$93.5MWorld Rnk 135 / 224
Flag Rnk 12 / 952

About

Exports In 2022, Somalia exported $22.5k in Packaged Medicaments, making it the 182nd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 77th most exported product in Somalia. The main destination of Packaged Medicaments exports from Somalia are: Oman ($15.4k), Canada ($7.05k), Indonesia ($54), French Polynesia ($44), and Kenya ($10).

The fastest growing export markets for Packaged Medicaments of Somalia between 2021 and 2022 were Oman ($15.4k), Canada ($2.83k), and Indonesia ($54).

Imports In 2022, Somalia imported $93.5M in Packaged Medicaments, becoming the 135th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 12th most imported product in Somalia. Somalia imports Packaged Medicaments primarily from: India ($31.9M), Turkey ($18.2M), China ($14.9M), Kenya ($8.7M), and Egypt ($6.11M).

The fastest growing import markets in Packaged Medicaments for Somalia between 2021 and 2022 were India ($5.21M), United Arab Emirates ($932k), and Netherlands ($294k).

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 Packaged Medicaments. 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 (2022)$22.5k
IMPORTS (2022)$93.5M
NET TRADE (2022)-$93.5M

In 2022, Somalia exported $22.5k in Packaged Medicaments. The main destinations of Somalia exports on Packaged Medicaments were Oman ($15.4k), Canada ($7.05k), Indonesia ($54), French Polynesia ($44), and Kenya ($10).

In 2022, Somalia imported $93.5M in Packaged Medicaments, mainly from India ($31.9M), Turkey ($18.2M), China ($14.9M), Kenya ($8.7M), and Egypt ($6.11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Somalia WERE (2021 - 2022):
Oman$15.4k (1%)
Canada$2.83k (67%)
Indonesia$54 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Somalia WERE (2021 - 2022):
Kenya-$9 (-47.4%)
India-$1 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Packaged Medicaments were:
In 2022, Somalia's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $22.5k
TOP IMPORT POTENTIALIndia+ $9.96M

Packaged Medicaments’s highest export potential is Canada. With an export gap of $22.5k.   Packaged Medicaments’s highest import potential is India with an import gap of $9.96M.

See methodology.

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