2023
Exports
$27.7MWorld Rnk 60 / 186
Flag Rnk 32 / 961
2023
PRODUCT COMPLEXITY IN Malt Extract
-0.019Rnk 566 / 1025
2023
Imports
$238MWorld Rnk 27 / 224
Flag Rnk 7 / 1148
2023
ECONOMIC COMPLEXITY of Senegal
-0.51Rnk 87 / 132

About

Exports In 2023, Senegal exported $27.7M in Malt Extract, making it the 60th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 32nd most exported product in Senegal. The main destination of Malt Extract exports from Senegal are: Guinea ($11.2M), Mali ($7.29M), Gambia ($4M), Guinea-Bissau ($3.29M), and Mauritania ($612k).

The fastest growing export markets for Malt Extract of Senegal between 2022 and 2023 were Guinea-Bissau ($1.65M), Mauritania ($309k), and Niger ($227k).

Imports In 2023, Senegal imported $238M in Malt Extract, becoming the 27th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 7th most imported product in Senegal. Senegal imports Malt Extract primarily from: Poland ($63.4M), Malaysia ($63M), Netherlands ($22.5M), Ireland ($19.1M), and Germany ($11M).

The fastest growing import markets in Malt Extract for Senegal between 2022 and 2023 were Malaysia ($50.4M), Poland ($17.7M), and Ghana ($4.6M).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Malt Extract. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$27.7M
IMPORTS (2023)$238M
NET TRADE (2023)-$210M

In 2023, Senegal exported $27.7M in Malt Extract. The main destinations of Senegal exports on Malt Extract were Guinea ($11.2M), Mali ($7.29M), Gambia ($4M), Guinea-Bissau ($3.29M), and Mauritania ($612k).

In 2023, Senegal imported $238M in Malt Extract, mainly from Poland ($63.4M), Malaysia ($63M), Netherlands ($22.5M), Ireland ($19.1M), and Germany ($11M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Senegal WERE (2022 - 2023):
Guinea-Bissau$1.65M (101%)
Mauritania$309k (102%)
Niger$227k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Senegal WERE (2022 - 2023):
Mali-$20.7M (-73.9%)
Guinea-$10.6M (-48.5%)
United Kingdom-$854k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Senegal's main exporting competitors in Malt Extract were:
In 2023, Senegal's main importing competitors in Malt Extract were:

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Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $1.46M
TOP IMPORT POTENTIALGermany+ $2.49M

Malt Extract’s highest export potential is United Kingdom. With an export gap of $1.46M.   Malt Extract’s highest import potential is Germany with an import gap of $2.49M.

See methodology.

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