2020
Exports
$2World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2020
Imports
$1.83MWorld Rnk 111 / 218
Flag Rnk 238 / 952

About

Imports In 2022, Somalia imported $1.83M in Pure Olive Oil, becoming the 111th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 238th most imported product in Somalia. Somalia imports Pure Olive Oil primarily from: Turkey ($984k), Oman ($363k), Spain ($206k), United Arab Emirates ($187k), and Tunisia ($65.1k).

The fastest growing import markets in Pure Olive Oil for Somalia between 2021 and 2022 were Oman ($224k), Turkey ($144k), and Spain ($115k).

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 Pure Olive Oil. 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 (2020)$2
IMPORTS (2022)$1.83M
NET TRADE (2022)-$1.83M

In 2022, Somalia imported $1.83M in Pure Olive Oil, mainly from Turkey ($984k), Oman ($363k), Spain ($206k), United Arab Emirates ($187k), and Tunisia ($65.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Somalia's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $658
TOP IMPORT POTENTIALSpain+ $179k

Pure Olive Oil’s highest export potential is United States. With an export gap of $658.   Pure Olive Oil’s highest import potential is Spain with an import gap of $179k.

See methodology.

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