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2021
Exports $1.02kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Precious Metal Ore-1.71Rnk 973 / 1025
2021
Imports $362World Rnk 96 / 109
Flag Rnk 910 / 952

About

Imports In 2022, Somalia imported $362 in Precious Metal Ore, becoming the 96th largest importer of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 910th most imported product in Somalia. Somalia imports Precious Metal Ore primarily from: United Arab Emirates ($362).

Historical Data

Trade Balance

Color
Year
EXPORTS (2021)$1.02k
IMPORTS (2022)$362
NET TRADE (2022)-$362

In 2022, Somalia imported $362 in Precious Metal Ore, mainly from United Arab Emirates ($362).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
Ending
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY Somalia WERE (N/A - 2021):China-$1.02k (-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 Precious Metal Ore were:
South Africa $1.97B
Australia $1.56B
Mexico $1.25B
In 2022, Somalia's main importing competitors in Precious Metal Ore were:
China $5.16B
Germany $2.75B
South Korea $783M

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Trade Value of Precious Metal Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $848
TOP IMPORT POTENTIALSouth Africa+ $522

Precious Metal Ore’s highest export potential is China. With an export gap of $848.   Precious Metal Ore’s highest import potential is South Africa with an import gap of $522.

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