Somalia’s economy is an agricultural one based primarily on livestock and, to a lesser extent, on farming. Livestock accounts for about 40% of GDP and a large percentage of export earnings, mainly from Saudi Arabia; bananas are the main cash crop and account for nearly 50% of export earnings. Other crops produced for domestic consumption are cotton, maize, and sorghum. Somalia is known for its high quality banana exported to European and Arabian markets, production area reached 7000ha per year; but it declined sharply due to the outbreak of the civil conflict in early 1991. Banana export suspended for three years but restarted in 1993 after dole Fruit Company contracted with the commercial farmers. Immediately after the entry if dole company, Somali fruit, the Italian partner resumed its production and export in avery competitive manner, banana production area rose up sharply; and the export business lasted for some years unfortunately the aggressive competition between the two companies ended up with suspension of the export activities many attempts were dine during the last few years, and there is great possibility to revive provided securing sustainable market is secured.
The SCCI can organize the commercial farmers to produce any quantity of quality banana with competitive price provided market is secured by the foreign partners. For more details please contact with SCCI.
With respect to the water resources, the annual renewable water resources are estimated at 15.7km3 (1997); and only 3.29km3 is withdrawn annually for domestic, agriculture and industrial purpose. Per capote consumption of fresh water is estimated at 400 cubic meter per year efficient use of the available fresh water could manifold the actual irrigated land of 200,000ha realized prior to the outbreak of the civil conflict. Only 14% of the available a=water is utilized for irrigation while the rest is poured waste to the Indian Ocean. This was attributed to the lack of water dams and investment.
Efficient use of the available water and the arable can substantially increase food and non-food production of the country and for export markets. This may in turn create thousands of job opportunities for the idle agricultural of the labor and contribute to peace restoration of the country collaboration with foreign partners in introduction of crop production technologies including irrigation equipment improved seeds farm machineries, agricultural chemicals; fertilizers and pesticides are highly encouraged, this will support minimize risks from impacts of recent climate change factors such as recurrent droughts and floods, in addition, deforestation and overgrazing which caused massive soil erosion and undermined the productivity of rangelands also be controlled .