2023
Exports
$317kWorld Rnk 151 / 214
Flag Rnk 34 / 348
2023
PRODUCT COMPLEXITY IN Packaged Medicaments
0.63Rnk 313 / 1025
2023
Imports
$102MWorld Rnk 129 / 226
Flag Rnk 12 / 965

About

Exports In 2023, Somalia exported $317k in Packaged Medicaments, making it the 151st largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 34th most exported product in Somalia. The main destination of Packaged Medicaments exports from Somalia are: Djibouti ($310k), Canada ($6.42k), and Turkey ($1.08k).

The fastest growing export markets for Packaged Medicaments of Somalia between 2022 and 2023 were Djibouti ($149k) and Turkey ($1.08k).

Imports In 2023, Somalia imported $102M in Packaged Medicaments, becoming the 129th 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 ($34.2M), Turkey ($23.2M), China ($14.2M), Kenya ($11.4M), and Egypt ($4.96M).

The fastest growing import markets in Packaged Medicaments for Somalia between 2022 and 2023 were Turkey ($5.01M), India ($2.31M), and Kenya ($2.06M).

Latest Trends

Dec 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 (2023)$317k
IMPORTS (2023)$102M
NET TRADE (2023)-$102M

In 2023, Somalia exported $317k in Packaged Medicaments. The main destinations of Somalia exports on Packaged Medicaments were Djibouti ($310k), Canada ($6.42k), and Turkey ($1.08k).

In 2023, Somalia imported $102M in Packaged Medicaments, mainly from India ($34.2M), Turkey ($23.2M), China ($14.2M), Kenya ($11.4M), and Egypt ($4.96M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Somalia WERE (2022 - 2023):
Djibouti$149k (92.5%)
Turkey$1.08k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Somalia WERE (2022 - 2023):
Oman-$15.4k (-100%)
Canada-$630 (-8.93%)
Indonesia-$54 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Somalia's main exporting competitors in Packaged Medicaments were:
In 2023, 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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