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Pricing

2022
Flag → Flag
Exports $28.5MRnk 142 / 222
2022
Flag → Flag
Top Product $10.9MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $143MRnk 2 / 139
2022
Flag → Flag
Top Product $142MRaw Tobacco
2022
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Economic Complexity (ECI) ECI 1.28Rnk 17 / 124
2022
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GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
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GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$645CURRENT US$
Rnk 178 / 186
2012-2022
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GDP PC GROWTH14.6%CURRENT US$
Rnk 98 / 186

About

Belgium-Malawi In 2022, Belgium exported $28.5M to Malawi. The main products that Belgium exported to Malawi are Vaccines, blood, antisera, toxins and cultures ($10.9M), Special Pharmaceuticals ($3.28M), and Potassic Fertilizers ($2.63M). During the last 23 years the exports of Belgium to Malawi have increased at an annualized rate of 7.08%, from $5.91M in 1999 to $28.5M in 2022.

In 2022, Belgium did not export any services to Malawi.

Malawi-Belgium In 2022, Malawi exported $143M to Belgium. The main products that Malawi exported to Belgium were Raw Tobacco ($142M), Coffee ($476k), and Tea ($191k). During the last 23 years the exports of Malawi to Belgium have increased at an annualized rate of 14.2%, from $6.77M in 1999 to $143M in 2022.

In 2022, Malawi did not export any services to Belgium.

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28),  and 13 in total exports ($475B). That same year, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2023

About

Overview In December 2023, Belgium exported €1.55M and imported €3.11M from Malawi, resulting in a negative trade balance of €1.56M. Between December 2022 and December 2023 the exports of Belgium have decreased by €-497k (-24.3%) from €2.05M to €1.55M, while imports increased by €190k (6.5%) from €2.92M to €3.11M.

Trade In December 2023, the top exports of Belgium to Malawi were Pharmaceutical products (€2.82M), Products of the milling industry (€373k), Preparations of cereals, flour, starch or... (€163k), Optical, photo, & film equipment; medical... (€115k), and Perfumery & cosmetics (€8.32k). In December 2023 the top imports of Belgium from Malawi were Tobacco & substitutes (€1.72M) and Books, newspapers, & other prints (€307).

Growth In December 2023, the decrease in Belgium's year-by-year exports to Malawi was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts (€-215 or -19.3%). In December 2023, the increase in Belgium's year-by-year imports  from Malawi was explained primarily by an increase in product imports  in Tobacco & substitutes (€245k or 16.6%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€-497k(-24.3%)
IMPORT GROWTH (December 2022 - December 2023)€190k(6.5%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Malawi and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $28.5M to Malawi. The main products exported from Belgium to Malawi were Vaccines, blood, antisera, toxins and cultures ($10.9M), Special Pharmaceuticals ($3.28M), and Potassic Fertilizers ($2.63M). During the last 23 years the exports of Belgium to Malawi have increased at an annualized rate of 7.08%, from $5.91M in 1999 to $28.5M in 2022.

In 2022, Malawi exported $143M to Belgium. The main products exported from Malawi to Belgium were Raw Tobacco ($142M), Coffee ($476k), and Tea ($191k). During the last 23 years the exports of Malawi to Belgium have increased at an annualized rate of 14.2%, from $6.77M in 1999 to $143M in 2022.

Exports from Belgium (Flag) to Malawi (Flag) (2022)

Exports from Malawi (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Malawi
Top DestinationUnited Arab Emirates$255M

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

In 2021, countries that imported more from Belgium than Malawi were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2021, countries that imported more from Malawi than Belgium were Zimbabwe ($45M) and Dominica ($2.76M).

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

Comparative Advantage Belgium - Malawi

Flow
Scale

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

During 2022, Belgium had a large net trade with Malawi in the exports of Chemical Products ($19.4M), Foodstuffs ($2.03M), and Plastics and Rubbers ($1.98M).

During 2022, Malawi had a large net trade with Belgium in the exports of Foodstuffs ($142M), Vegetable Products ($744k), and Animal Products ($17.5k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Malawi. Similarly, the more yellow a dot/product is, the more Malawi has comparative advantage over Belgium.

Product Space of Belgium (Flag) and Malawi (Flag) (2022)

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