By Asha Elmi - Reporter
Somalia, 8 April 2026 – Somalia’s Federal Government said imports into the country had declined by 40% due to disruptions linked to tensions in the Strait of Hormuz, warning of growing pressure on food prices and essential services.
The Council of Ministers said a report presented Thursday by the National Bureau of Statistics found that the ongoing Middle East conflict and instability around the Hormuz waterway had directly affected Somalia’s economy and trade flows.
According to the report, reduced imports contributed to a 10% increase in food prices, while healthcare service costs rose by 14%.
The government said prices of other essential goods and services had also increased beyond those levels.
Related articles
The Council of Ministers said the situation reflected the broader impact of global security and economic pressures on Somalia’s cost of living and supply chains.
The cabinet meeting, chaired by Prime Minister Hamza Abdi Barre, also discussed flooding risks and threats to the country’s water resources, according to a statement from the Office of the Prime Minister.
The Council said relevant ministries had been instructed to take measures aimed at reducing the economic burden on the public.
The Somali government added that disruptions in the Strait of Hormuz had affected trade routes and contributed to rising prices of essential commodities across the country.