GDP$13.2BCURRENT US$Rnk 137 / 186 GDP GROWTH50.1%CURRENT US$Rnk 60 / 186
GDP$8.13BCURRENT US$Rnk 148 / 186 GDP GROWTH0%CURRENT US$Rnk 165 / 186 GDP PC $645CURRENT US$Rnk 178 / 186GDP PC GROWTH14.6%CURRENT US$Rnk 98 / 186GDP PC$462CURRENT US$Rnk 183 / 186GDP PC GROWTH0%CURRENT US$Rnk 143 / 186In N/A, Malawi did not export any services to Somalia.
Somalia-Malawi In N/A, Somalia did not export any products to Malawi.
In N/A, Somalia did not export any services to Malawi.
Comparison In 2022, Malawi ranked 157 in total exports ($1.19B). That same year, Somalia ranked 167 in total exports ($569M). Both countries does not have data related to Economic Complexity Index.
This map shows whether countries import more from Malawi or Somalia. Each country is colored based on the difference in imports they receive from Malawi and Somalia or the difference in the growth in imports.
In 2022, countries that imported more from Malawi than Somalia included Belgium ($143M), Tanzania ($72.8M), and Kenya ($58.8M).
In 2022, countries that imported more from Somalia than Malawi included Oman ($173M), United Arab Emirates ($283M), and Bulgaria ($18.5M).
) and Malawi () (2022)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.
This visualization shows the product space at the HS4 level with the flags of Malawi and Somalia. This means that a dot/product with the flag of Malawi indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Malawi.
) and Somalia () (2021)
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