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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
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
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 Trade: In 2022, Belgium exported $28.5M to Malawi. The main products that Belgium exported to Malawi were Vaccines, blood, antisera, toxins and cultures ($10.9M), Special Pharmaceuticals ($3.28M), and Potassic Fertilizers ($2.63M). Over the past 5 years the exports of Belgium to Malawi have decreased at an annualized rate of 0.41%, from $29.1M in 2017 to $28.5M in 2022.

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

Malawi-Belgium Trade: In 2022, Malawi exported $143M to Belgium. The main products that Malawi exported to Belgium were Raw Tobacco ($142M), Coffee ($476k), and Tea ($191k). Over the past 5 years the exports of Malawi to Belgium have decreased at an annualized rate of 4.88%,  from $184M in 2017 to $143M in 2022.

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

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  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

July, 2024

About

Overview In July 2024, Belgium exported €481k and imported €344k from Malawi, resulting in a positive trade balance of €138k. Between July 2023 and July 2024 the exports of Belgium have decreased by €-4.36M (-90.1%) from €4.84M to €481k, while imports increased by €124k (56.1%) from €220k to €344k.

Trade In July 2024, 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 July 2024 the top imports of Belgium from Malawi were Tobacco & substitutes (€1.72M) and Books, newspapers, & other prints (€307).

Growth In July 2024, 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 July 2024, 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

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€-4.36M(-90.1%)
IMPORT GROWTH (July 2023 - July 2024)€124k(56.1%)

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.

Explore Malawi and Belgium Data

Go to Bulk Download

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 5 years the exports of Belgium to Malawi have decreased at an annualized rate of 0.41%, from $29.1M in 2017 to $28.5M in 2022.

In 2017, 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 5 years the exports of Malawi to Belgium have decreased at an annualized rate of 4.88%, from $184M in 2022 to $143M in 2017.

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 2022, countries that imported more from Belgium than Malawi included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, countries that imported more from Malawi than Belgium included 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 2017, Malawi had a large net trade with Belgium in the exports of Foodstuffs ($142M), Vegetable Products ($744k), and Animal Products ($17.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Malawi+$340kMedical Instruments
Top Product Potential Malawi Belgium+$3.44MRaw Tobacco

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 Belgium and Malawi. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Malawi. Similarly, a dot/product with the flag of Malawi indicates it has a comparative advantage over Belgium.

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

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