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Exports In 2022, Somalia exported $18.7k in Rubber Tires, making it the 162nd largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 84th most exported product in Somalia. The main destination of Rubber Tires exports from Somalia are: Kenya ($13.8k), Turkey ($3.62k), Canada ($640), and Ukraine ($629).

The fastest growing export markets for Rubber Tires of Somalia between 2021 and 2022 were Kenya ($13.8k), Turkey ($3.62k), and Canada ($640).

Imports In 2022, Somalia imported $85.3M in Rubber Tires, becoming the 98th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 16th most imported product in Somalia. Somalia imports Rubber Tires primarily from: China ($44.1M), United Arab Emirates ($27M), India ($9.15M), Oman ($3.82M), and Turkey ($502k).

The fastest growing import markets in Rubber Tires for Somalia between 2021 and 2022 were China ($16.2M), India ($1.45M), and Turkey ($304k).

Latest Trends

Jul 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 Rubber Tires. 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

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EXPORTS (2022)$18.7k
IMPORTS (2022)$85.3M
NET TRADE (2022)-$85.3M

In 2022, Somalia exported $18.7k in Rubber Tires. The main destinations of Somalia exports on Rubber Tires were Kenya ($13.8k), Turkey ($3.62k), Canada ($640), and Ukraine ($629).

In 2022, Somalia imported $85.3M in Rubber Tires, mainly from China ($44.1M), United Arab Emirates ($27M), India ($9.15M), Oman ($3.82M), and Turkey ($502k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR Somalia WERE (2021 - 2022):
Kenya$13.8k (1%)
Turkey$3.62k (1%)
Canada$640 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY Somalia WERE (2021 - 2022):
Ukraine-$532 (-45.8%)
French Polynesia-$253 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Rubber Tires were:
In 2022, Somalia's main importing competitors in Rubber Tires were:

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALKenya+ $20.1k
TOP IMPORT POTENTIALIndia+ $4.18M

Rubber Tires’s highest export potential is Kenya. With an export gap of $20.1k.   Rubber Tires’s highest import potential is India with an import gap of $4.18M.

See methodology.

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