2022
Exports
$1.05MWorld Rnk 134 / 200
Flag Rnk 18 / 317
falsefalse India
2022
PRODUCT COMPLEXITY IN Scrap Aluminium
-0.74Rnk 767 / 1025
2022
Imports
$1.38kWorld Rnk 0 / 0
Flag Rnk 0 / 0

About

Exports In 2022, Somalia exported $1.05M in Scrap Aluminium, making it the 134th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 18th most exported product in Somalia. The main destination of Scrap Aluminium exports from Somalia are: India ($1.05M) and Pakistan ($2.5k).

The fastest growing export markets for Scrap Aluminium of Somalia between 2021 and 2022 were India ($802k).

Imports In 2021, Somalia imported $1.38k in Scrap Aluminium, becoming the 0th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 0th most imported product in Somalia. Somalia imports Scrap Aluminium primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.05M
IMPORTS (2021)$1.38k
NET TRADE (2022)$1.05M

In 2022, Somalia exported $1.05M in Scrap Aluminium. The main destinations of Somalia exports on Scrap Aluminium were India ($1.05M) and Pakistan ($2.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Somalia WERE (2021 - 2022):India$802k (326%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Somalia WERE (2021 - 2022):
United Arab Emirates-$127k (-100%)
Poland-$20.8k (-100%)
Pakistan-$11k (-81.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Scrap Aluminium were:
In 2022, Somalia's main importing competitors in Scrap Aluminium were:

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.66M
TOP IMPORT POTENTIALUnited States+ $439

Scrap Aluminium’s highest export potential is India. With an export gap of $1.66M.   Scrap Aluminium’s highest import potential is United States with an import gap of $439.

See methodology.

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