Palm Oil in Somalia | The Observatory of Economic Complexity

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Imports In 2022, Somalia imported $261M in Palm Oil, becoming the 44th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 3rd most imported product in Somalia. Somalia imports Palm Oil primarily from: United Arab Emirates ($102M), Malaysia ($96.2M), Indonesia ($41.1M), Oman ($13.6M), and Kenya ($4.72M).

The fastest growing import markets in Palm Oil for Somalia between 2021 and 2022 were Malaysia ($36.3M), United Arab Emirates ($32M), and Indonesia ($6.53M).

Mar 2024

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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 Palm 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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Trade Value

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Growth (%)

Year

EXPORTS (2010)$1.21k

IMPORTS (2022)$261M

NET TRADE (2022)-$261M

In 2022, Somalia imported $261M in Palm Oil, mainly from United Arab Emirates ($102M), Malaysia ($96.2M), Indonesia ($41.1M), Oman ($13.6M), and Kenya ($4.72M).