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Flag → Flag
Exports $50.5kRnk 157 / 0
2023
Flag  
GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
 GDP$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
GDP PC $597CURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195
2023
Flag
GDP PC$602CURRENT US$
Rnk 190 / 196
2013-2023
Flag
GDP PC GROWTH21.2%CURRENT US$
Rnk 101 / 195

About

In N/A, Somalia did not export any services to Malawi.

Malawi-Somalia Trade: In N/A, Malawi exported $50.5k to Somalia. The main products that Malawi exported to Somalia were N/A. Over the past N/A years the exports of Malawi to Somalia have increased at an annualized rate of 56.4%,  from $5.39k in N/A to $50.5k in N/A.

In N/A, Malawi did not export any services to Somalia.

Comparison In 2023,  Somalia ranked 161 in total exports ($1.03B). That same year, Malawi ranked 163 in total exports ($922M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Somalia does not register exports to Malawi.

In 2012, Malawi exported $50.5k to Somalia. There were not main exports from Malawi to Somalia in 2012. During the last 5 years the exports of Malawi to Somalia have increased at an annualized rate of 56.4%, from $5.39k in 2017 to $50.5k in 2012.

Exports from Somalia (Flag) to Malawi (Flag) (2021)

Exports from Malawi (Flag) to Somalia (Flag) (2021)

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$360M
Malawi
Top DestinationGermany$99.1M

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

In 2023, countries that imported more from Somalia than Malawi included United Arab Emirates ($360M), Saudi Arabia ($283M), and Oman ($180M).

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

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

Comparative Advantage Somalia - Malawi

Flow
Scale

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

During 2012, Malawi had a large net trade with Somalia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Malawi+$2.01kGold
Top Product Potential Malawi Somalia+$2.07kRaw Sugar

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

Product Space of Somalia (Flag) and Malawi (Flag) (2021)

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