Horn of Africa at the 2012 London Olympics. According to the IMF, in 2010 the Horn of Africa region had a total GDP (PPP) of $106.224 billion and nominal of $35.819 billion. Per capita, the GDP in 2010 was $1061 (PPP) and $358 (nominal). States of the region depend largely on a few key exports: Over 95% of cross-border trade within the region is unofficial and undocumented, carried out by pastoralists trading livestock. The unofficial trade of live cattle, camels, sheep and goats from Ethiopia sold to other countries in the Horn and the wider Eastern Africa region, including Somalia and Djibouti, generates
Balad District, Somalia supplies virtually the entire domestic market. Balcad Textile Factory was later upgraded and funded by West Germany. SOMALITEX facilities were greatly expanded. It is considered among the best equipped textile plant in Africa. The investment in cotton showed fewer long-term results than the investment in bananas. The Administration of Balcad District of the Middle Shabelle Region supported by the Somali Federal Government encourage the local and foreign investment in the Region. Balad District, Somalia Bal'ad District () is one of the districts of Middle Shabelle region of Somalia. It is located about 36 kilometers northeast of the capital city of