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Exports In 2022, Somalia exported $21.4M in Crustaceans, making it the 64th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 5th most exported product in Somalia. The main destination of Crustaceans exports from Somalia are: United Arab Emirates ($20.8M), Hong Kong ($273k), Thailand ($250k), Maldives ($54.9k), and Tanzania ($27.2k).

The fastest growing export markets for Crustaceans of Somalia between 2021 and 2022 were United Arab Emirates ($9.4M), Hong Kong ($257k), and Maldives ($54.9k).

Imports In 2022, Somalia imported $48.8k in Crustaceans, becoming the 180th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 650th most imported product in Somalia. Somalia imports Crustaceans primarily from: Netherlands ($25k), United Arab Emirates ($22.3k), and Italy ($1.4k).

The fastest growing import markets in Crustaceans for Somalia between 2021 and 2022 were United Arab Emirates ($22.3k) and Italy ($1.4k).

Latest Trends

Mar 2024

Subnational Monthly Trade

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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 Crustaceans. 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

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EXPORTS (2022)$21.4M
IMPORTS (2022)$48.8k
NET TRADE (2022)$21.3M

In 2022, Somalia exported $21.4M in Crustaceans. The main destinations of Somalia exports on Crustaceans were United Arab Emirates ($20.8M), Hong Kong ($273k), Thailand ($250k), Maldives ($54.9k), and Tanzania ($27.2k).

In 2022, Somalia imported $48.8k in Crustaceans, mainly from Netherlands ($25k), United Arab Emirates ($22.3k), and Italy ($1.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Somalia WERE (2021 - 2022):
Hong Kong$257k (1.62k%)
Maldives$54.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Somalia WERE (2021 - 2022):
Thailand-$514k (-67.2%)
Turkey-$25.9k (-100%)
Kenya-$11.6k (-53.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Somalia's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, Somalia's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

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