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Pricing

undefined
Flag → Flag
Exports $50.5kRnk 9 / 0
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC $462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH14.6%CURRENT US$
Rnk 98 / 186

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 2022,  Somalia ranked 167 in total exports ($569M). That same year, Malawi ranked 157 in total exports ($1.19B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Malawi
Top DestinationUnited Arab Emirates$255M

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 2022, countries that imported more from Somalia than Malawi included Oman ($173M), United Arab Emirates ($283M), and Bulgaria ($18.5M).

In 2022, countries that imported more from Malawi than Somalia included Belgium ($143M), Tanzania ($72.8M), and Kenya ($58.8M).

Difference in imports from Malawi (Flag) and Somalia (Flag) (2022)

Potential Exports

Potential Exports

Depth
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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) (NaN)

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