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Economy, Foreign Trade

Persian Gulf countries, Mogadishu, bananas, civil war, foreign trade

Before the war, Somalia’s chief exports were livestock and bananas. Other exports included meat, fish, leather and hides, and wood. The principal imports were foodstuffs, chemicals, machinery, textiles, and petroleum. Major trading partners in the mid-1980s were the United States, Italy, Germany, Kenya, the United Kingdom, and Saudi Arabia. The civil war halted nearly all foreign trade. Once trade resumed in 1994, Somalia exported livestock and fruit to Yemen and Persian Gulf countries. Traders were active in Mogadishu, benefiting from its duty-free status, even as clan fighting continued. In 2000 Somalia’s exports totaled $110 million, and imports were $250 million.



Article key phrases:

Persian Gulf countries, Mogadishu, bananas, civil war, foreign trade, hides, Yemen, Kenya, foodstuffs, livestock, textiles, leather, fruit, fish, Italy, meat, Germany, machinery, chemicals, United Kingdom, United States

 
 

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