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2022
Exports $93.7kWorld Rnk 121 / 179
Flag Rnk 40 / 317
2022
Destination $77.8k United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $77.8kUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Processed Fish-1.45Rnk 941 / 1025
2022
Imports $37.2MWorld Rnk 72 / 222
Flag Rnk 29 / 952
2022
Origin $11.6M United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $11.6MUnited Arab Emirates

About

Exports In 2022, Somalia exported $93.7k in Processed Fish, making it the 121st largest exporter of Processed Fish in the world. At the same year, Processed Fish was the 40th most exported product in Somalia. The main destination of Processed Fish exports from Somalia are: United Arab Emirates ($77.8k), Oman ($11.7k), and Kenya ($4.2k).

The fastest growing export markets for Processed Fish of Somalia between 2021 and 2022 were United Arab Emirates ($77.8k), Oman ($11.7k), and Kenya ($4.2k).

Imports In 2022, Somalia imported $37.2M in Processed Fish, becoming the 72nd largest importer of Processed Fish in the world. At the same year, Processed Fish was the 29th most imported product in Somalia. Somalia imports Processed Fish primarily from: United Arab Emirates ($28.1M), Thailand ($7.5M), China ($603k), Indonesia ($559k), and South Africa ($259k).

The fastest growing import markets in Processed Fish for Somalia between 2021 and 2022 were United Arab Emirates ($11.6M), Thailand ($2.26M), and Indonesia ($389k).

Latest Trends

Sep 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 Processed Fish. 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)$93.7k
IMPORTS (2022)$37.2M
NET TRADE (2022)-$37.1M

In 2022, Somalia exported $93.7k in Processed Fish. The main destinations of Somalia exports on Processed Fish were United Arab Emirates ($77.8k), Oman ($11.7k), and Kenya ($4.2k).

In 2022, Somalia imported $37.2M in Processed Fish, mainly from United Arab Emirates ($28.1M), Thailand ($7.5M), China ($603k), Indonesia ($559k), and South Africa ($259k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Fish EXPORT MARKETS FOR Somalia WERE (2021 - 2022):
United Arab Emirates$77.8k (1%)
Oman$11.7k (1%)
Kenya$4.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Fish BY Somalia WERE (2021 - 2022):Kiribati-$48 (-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 Processed Fish were:
China $3.71B
Thailand $3.1B
Ecuador $1.5B
In 2022, Somalia's main importing competitors in Processed Fish were:
United States $2.22B
Japan $1.73B
Italy $1.31B

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Trade Value of Processed Fish by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $45.9k
TOP IMPORT POTENTIALChina+ $903k

Processed Fish’s highest export potential is United Arab Emirates. With an export gap of $45.9k.   Processed Fish’s highest import potential is China with an import gap of $903k.

See methodology.

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