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Exports In 2022, Somalia exported $690 in Spices, making it the 172nd largest exporter of Spices in the world. At the same year, Spices was the 214th most exported product in Somalia. The main destination of Spices exports from Somalia are: United Arab Emirates ($265), Bahrain ($216), Norway ($115), and Sweden ($94).

The fastest growing export markets for Spices of Somalia between 2021 and 2022 were Norway ($115).

Imports In 2022, Somalia imported $3.18M in Spices, becoming the 95th largest importer of Spices in the world. At the same year, Spices was the 183rd most imported product in Somalia. Somalia imports Spices primarily from: United Arab Emirates ($2.43M), India ($241k), Oman ($150k), Kenya ($119k), and Lebanon ($104k).

The fastest growing import markets in Spices for Somalia between 2021 and 2022 were Oman ($91k), Lebanon ($61.3k), and United Kingdom ($57k).

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 Spices. 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)$690
IMPORTS (2022)$3.18M
NET TRADE (2022)-$3.18M

In 2022, Somalia exported $690 in Spices. The main destinations of Somalia exports on Spices were United Arab Emirates ($265), Bahrain ($216), Norway ($115), and Sweden ($94).

In 2022, Somalia imported $3.18M in Spices, mainly from United Arab Emirates ($2.43M), India ($241k), Oman ($150k), Kenya ($119k), and Lebanon ($104k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Somalia WERE (2021 - 2022):Norway$115 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Somalia WERE (2021 - 2022):
United Arab Emirates-$58.2k (-99.5%)
Kuwait-$1.97k (-100%)
Sweden-$1.93k (-95.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $1k
TOP IMPORT POTENTIALIndia+ $247k

Spices’s highest export potential is United Arab Emirates. With an export gap of $1k.   Spices’s highest import potential is India with an import gap of $247k.

See methodology.

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