2021
Exports
$1.08kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2021
Imports
$22MWorld Rnk 123 / 222
Flag Rnk 43 / 952

About

Imports In 2022, Somalia imported $22M in Petroleum Gas, becoming the 123rd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 43rd most imported product in Somalia. Somalia imports Petroleum Gas primarily from: United Arab Emirates ($20.3M), Oman ($1.62M), and Tanzania ($19.5k).

The fastest growing import markets in Petroleum Gas for Somalia between 2021 and 2022 were United Arab Emirates ($3.2M), Oman ($1.62M), and Tanzania ($19.5k).

Latest Trends

Aug 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 Petroleum Gas. 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)$1.08k
IMPORTS (2022)$22M
NET TRADE (2022)-$22M

In 2022, Somalia imported $22M in Petroleum Gas, mainly from United Arab Emirates ($20.3M), Oman ($1.62M), and Tanzania ($19.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Somalia WERE (N/A - 2021):United Arab Emirates-$1.08k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Petroleum Gas were:
In 2022, Somalia's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.17k
TOP IMPORT POTENTIALOman+ $1.22M

Petroleum Gas’s highest export potential is China. With an export gap of $1.17k.   Petroleum Gas’s highest import potential is Oman with an import gap of $1.22M.

See methodology.

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