2022
Exports
$59.3MWorld Rnk 44 / 180
Flag Rnk 19 / 935
2022
PRODUCT COMPLEXITY IN Malt Extract
0.015Rnk 542 / 1025
2022
Imports
$209MWorld Rnk 29 / 224
Flag Rnk 11 / 1145
2022
ECONOMIC COMPLEXITY of Senegal
-0.5Rnk 85 / 133

About

Exports In 2022, Senegal exported $59.3M in Malt Extract, making it the 44th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 19th most exported product in Senegal. The main destination of Malt Extract exports from Senegal are: Mali ($28M), Guinea ($21.8M), Gambia ($4.98M), Guinea-Bissau ($1.64M), and United Kingdom ($854k).

The fastest growing export markets for Malt Extract of Senegal between 2021 and 2022 were Guinea ($15.4M), Mali ($10.4M), and Gambia ($3.38M).

Imports In 2022, Senegal imported $209M in Malt Extract, becoming the 29th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 11th most imported product in Senegal. Senegal imports Malt Extract primarily from: Ireland ($62.8M), Malaysia ($30.4M), Poland ($22.9M), Netherlands ($19.9M), and France ($14.9M).

The fastest growing import markets in Malt Extract for Senegal between 2021 and 2022 were Malaysia ($16.4M), Ireland ($9.11M), and Germany ($6.67M).

Latest Trends

Sep 2024

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 (2022)$59.3M
IMPORTS (2022)$209M
NET TRADE (2022)-$150M

In 2022, Senegal exported $59.3M in Malt Extract. The main destinations of Senegal exports on Malt Extract were Mali ($28M), Guinea ($21.8M), Gambia ($4.98M), Guinea-Bissau ($1.64M), and United Kingdom ($854k).

In 2022, Senegal imported $209M in Malt Extract, mainly from Ireland ($62.8M), Malaysia ($30.4M), Poland ($22.9M), Netherlands ($19.9M), and France ($14.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Senegal WERE (2021 - 2022):
Guinea$15.4M (237%)
Mali$10.4M (58.9%)
Gambia$3.38M (212%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Senegal WERE (2021 - 2022):
Mauritania-$2.04M (-87.1%)
Morocco-$902k (-100%)
Netherlands-$92.3k (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Senegal's main exporting competitors in Malt Extract were:
In 2022, 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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