2023
Flag  
GDP
$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH
58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
 GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC 
$602CURRENT US$
Rnk 190 / 195
2013-2023
Flag
GDP PC GROWTH
21.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC
$1,706CURRENT US$
Rnk 162 / 196
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 92 / 195

About

Malawi-Senegal Trade: In 2023, Malawi exported $661k to Senegal. The main products that Malawi exported to Senegal were Raw Tobacco ($590k), Pharmaceutical Rubber Products ($69.4k), and Other Furniture ($424). Over the past 5 years the exports of Malawi to Senegal have decreased at an annualized rate of 12.9%, from $1.32M in 2018 to $661k in 2023.

In 2023, Malawi did not export any services to Senegal.

Senegal-Malawi Trade: In 2023, Senegal exported $1.76k to Malawi. The main products that Senegal exported to Malawi were Valves ($1.45k) and Citrus and Melon Peels ($309). Over the past 5 years the exports of Senegal to Malawi have increased at an annualized rate of 37%,  from $365 in 2018 to $1.76k in 2023.

In 2023, Senegal did not export any services to Malawi.

Comparison In 2023,  Malawi ranked 163 in total exports ($922M), and does not have data regarding Economic Complexity Index. That same year, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malawi exported $661k to Senegal. The main products exported from Malawi to Senegal were Raw Tobacco ($590k), Pharmaceutical Rubber Products ($69.4k), and Other Furniture ($424). During the last 5 years the exports of Malawi to Senegal have decreased at an annualized rate of 12.9%, from $1.32M in 2018 to $661k in 2023.

In 2018, Senegal exported $1.76k to Malawi. The main products exported from Senegal to Malawi were Valves ($1.45k) and Citrus and Melon Peels ($309). During the last 5 years the exports of Senegal to Malawi have increased at an annualized rate of 37%, from $365 in 2023 to $1.76k in 2018.

Exports from Malawi (Flag) to Senegal (Flag) (2023)

Exports from Senegal (Flag) to Malawi (Flag) (2023)

Latest Data

Trade between Malawi (Flag) and Senegal (Flag)

Malawi Exports

Senegal Exports

Market Competitiveness

Color
Malawi
Top Destination
Germany$99.1M
Senegal
Top Destination
Mali$1.22B

This map shows whether countries import more from Malawi or Senegal. Each country is colored based on the difference in imports they receive from Malawi and Senegal or the difference in the growth in imports.

In 2023, countries that imported more from Malawi than Senegal included Germany ($99.1M), Zimbabwe ($52.4M), and South Africa ($48.2M).

In 2023, countries that imported more from Senegal than Malawi included Mali ($1.22B), Switzerland ($625M), and India ($681M).

Difference in imports from Senegal (Flag) and Malawi (Flag) (2023)

Comparative Advantage Malawi - Senegal

Flow
Scale

This chart compares trade between Malawi and Senegal by product, considering products traded by both, Malawi and Senegal.

During 2023, Malawi had a large net trade with Senegal in the exports of Foodstuffs ($590k), Plastics and Rubbers ($69.4k), and Miscellaneous ($593).

During 2018, Senegal had a large net trade with Malawi in the exports of Machines ($1.45k) and Vegetable Products ($309).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Senegal+$161kRaw Tobacco
Top Product Potential Senegal Malawi+$2.12kGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Malawi and Senegal. This means that a dot/product with the flag of Malawi indicates it has a comparative advantage over Senegal. Similarly, a dot/product with the flag of Senegal indicates it has a comparative advantage over Malawi.

Product Space of Malawi (Flag) and Senegal (Flag) (2023)

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