2022
Exports
$246MWorld Rnk 77 / 176
Flag Rnk 1 / 317
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$347kWorld Rnk 0 / 0
Flag Rnk 0 / 0

About

Exports In 2022, Somalia exported $246M in Gold, making it the 77th largest exporter of Gold in the world. At the same year, Gold was the 1st most exported product in Somalia. The main destination of Gold exports from Somalia are: United Arab Emirates ($246M) and Poland ($112k).

The fastest growing export markets for Gold of Somalia between 2021 and 2022 were United Arab Emirates ($151M) and Poland ($112k).

Imports In 2021, Somalia imported $347k in Gold, becoming the 0th largest importer of Gold in the world. At the same year, Gold was the 0th most imported product in Somalia. Somalia imports Gold primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2022)$246M
IMPORTS (2021)$347k
NET TRADE (2022)$246M

In 2022, Somalia exported $246M in Gold. The main destinations of Somalia exports on Gold were United Arab Emirates ($246M) and Poland ($112k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Somalia WERE (2021 - 2022):
Poland$112k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $22.6M
TOP IMPORT POTENTIALUnited States+ $609

Gold’s highest export potential is United Arab Emirates. With an export gap of $22.6M.   Gold’s highest import potential is United States with an import gap of $609.

See methodology.

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