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Pricing

2022
Flag → Flag
Exports $235MRnk 69 / 218
2022
Flag → Flag
Top Product $86.5MPalm Oil
2022
Flag → Flag
Exports $2.4MRnk 60 / 160
2022
Flag → Flag
Top Product $820kOther Pure Vegetable Oils
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Malaysia-Senegal Trade: In 2022, Malaysia exported $235M to Senegal. The main products that Malaysia exported to Senegal were Palm Oil ($86.5M), Malt Extract ($30.4M), and Excavation Machinery ($21.4M). Over the past 5 years the exports of Malaysia to Senegal have increased at an annualized rate of 19.4%, from $96.9M in 2017 to $235M in 2022.

In 2022, Malaysia did not export any services to Senegal.

Senegal-Malaysia Trade: In 2022, Senegal exported $2.4M to Malaysia. The main products that Senegal exported to Malaysia were Other Pure Vegetable Oils ($820k), Titanium Ore ($735k), and Ethylene Polymers ($390k). Over the past 5 years the exports of Senegal to Malaysia have decreased at an annualized rate of 8.14%,  from $3.66M in 2017 to $2.4M in 2022.

In 2022, Senegal did not export any services to Malaysia.

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Latest Trends

August, 2024

About

Overview In August 2024, Malaysia exported MYR178M and imported MYR832k from Senegal, resulting in a positive trade balance of MYR178M. Between August 2023 and August 2024 the exports of Malaysia have increased by MYR141M (377%) from MYR37.4M to MYR178M, while imports decreased by MYR-97.5k (-10.5%) from MYR930k to MYR832k.

Trade In August 2024, the top exports of Malaysia to Senegal were Hot-Rolled Iron Bars (MYR14.4M), Malt Extract (MYR11.2M), Palm Oil (MYR7.59M), Other Printed Material (MYR2.23M), and Rubber Apparel (MYR1.18M). In August 2024 the top imports of Malaysia from Senegal were Polyacetals (MYR166k) and Commodities not elsewhere specified (MYR1.31k).

Growth In August 2024, the increase in Malaysia's year-by-year exports to Senegal was explained primarily by an increase in product exports in Malt Extract (MYR10M or 871%), Other Printed Material (MYR1.65M or 282%), and Saturated Acyclic Monocarboxylic Acids (MYR791k or 553%). In August 2024, the decrease in Malaysia's year-by-year imports  from Senegal was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)MYR141M(377%)
IMPORT GROWTH (August 2023 - August 2024)MYR-97.5k(-10.5%)

This section shows exports and imports data at subnational level for Malaysia. Click any date in the line plot or any product to explore the exports or imports behavior of Malaysia over time.

To check Senegal and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Senegal and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $235M to Senegal. The main products exported from Malaysia to Senegal were Palm Oil ($86.5M), Malt Extract ($30.4M), and Excavation Machinery ($21.4M). During the last 5 years the exports of Malaysia to Senegal have increased at an annualized rate of 19.4%, from $96.9M in 2017 to $235M in 2022.

In 2017, Senegal exported $2.4M to Malaysia. The main products exported from Senegal to Malaysia were Other Pure Vegetable Oils ($820k), Titanium Ore ($735k), and Ethylene Polymers ($390k). During the last 5 years the exports of Senegal to Malaysia have decreased at an annualized rate of 8.14%, from $3.66M in 2022 to $2.4M in 2017.

Exports from Malaysia (Flag) to Senegal (Flag) (2022)

Exports from Senegal (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Malaysia than Senegal included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Senegal than Malaysia included Mali ($1.13B), Gambia ($177M), and Guinea ($182M).

Difference in imports from Senegal (Flag) and Malaysia (Flag) (2022)

Comparative Advantage Malaysia - Senegal

Flow
Scale

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

During 2022, Malaysia had a large net trade with Senegal in the exports of Animal and Vegetable Bi-Products ($93.7M), Machines ($44.2M), and Foodstuffs ($31.8M).

During 2017, Senegal had a large net trade with Malaysia in the exports of Animal and Vegetable Bi-Products ($820k), Mineral Products ($735k), and Plastics and Rubbers ($566k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Senegal+$13.8MRefined Petroleum
Top Product Potential Senegal Malaysia+$663kTitanium Ore

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 Malaysia and Senegal. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Senegal. Similarly, a dot/product with the flag of Senegal indicates it has a comparative advantage over Malaysia.

Product Space of Malaysia (Flag) and Senegal (Flag) (2022)

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