2022
Exports
$163MWorld Rnk 5 / 103
Flag Rnk 2 / 317
falsefalse Oman
2022
PRODUCT COMPLEXITY IN Sheep and Goats
-1.65Rnk 966 / 1025
2022
Imports
$5.97kWorld Rnk 0 / 0
Flag Rnk 0 / 0

About

Exports In 2022, Somalia exported $163M in Sheep and Goats, making it the 5th largest exporter of Sheep and Goats in the world. At the same year, Sheep and Goats was the 2nd most exported product in Somalia. The main destination of Sheep and Goats exports from Somalia are: Oman ($137M), United Arab Emirates ($9.48M), Qatar ($8.1M), Bahrain ($6.02M), and Kuwait ($2.46M).

The fastest growing export markets for Sheep and Goats of Somalia between 2021 and 2022 were Qatar ($1.86M), Bahrain ($1.49M), and Kuwait ($1.04M).

Imports In 2021, Somalia imported $5.97k in Sheep and Goats, becoming the 0th largest importer of Sheep and Goats in the world. At the same year, Sheep and Goats was the 0th most imported product in Somalia. Somalia imports Sheep and Goats primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2022)$163M
IMPORTS (2021)$5.97k
NET TRADE (2022)$163M

In 2022, Somalia exported $163M in Sheep and Goats. The main destinations of Somalia exports on Sheep and Goats were Oman ($137M), United Arab Emirates ($9.48M), Qatar ($8.1M), Bahrain ($6.02M), and Kuwait ($2.46M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goats EXPORT MARKETS FOR Somalia WERE (2021 - 2022):
Qatar$1.86M (29.8%)
Bahrain$1.49M (32.9%)
Kuwait$1.04M (73.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sheep and Goats BY Somalia WERE (2021 - 2022):
Saudi Arabia-$32.2M (-100%)
Oman-$9.3M (-6.36%)
United Arab Emirates-$6.02M (-38.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Sheep and Goats were:
Iran $362M
Spain $195M
In 2022, Somalia's main importing competitors in Sheep and Goats were:

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Trade Value of Sheep and Goats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALKuwait+ $1.86M
TOP IMPORT POTENTIALIran+ $287

Sheep and Goats’s highest export potential is Kuwait. With an export gap of $1.86M.   Sheep and Goats’s highest import potential is Iran with an import gap of $287.

See methodology.

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