Flag Belgium-Luxembourg / Malawi Flag

Exports FlagFlag  (2018): $33.2M, Rnk 134 / 213

Top Product FlagFlag (2018): $9.98M, Motor-working Tools

Exports FlagFlag (2018): $213M, Rnk 1 / 90

Top Product FlagFlag (2018): $207M, Raw Tobacco

GDP Flag (2018): $7.06B, CURRENT US$
Rnk 149 / 196

GDP GROWTH Flag (2008-2018): 32.8%, CURRENT US$
Rnk 108 / 196

GDP PC Flag (2018): $389, CURRENT US$
Rnk 194 / 196

GDP PC GROWTH Flag (2008-2018): 0.46%, CURRENT US$
Rnk 142 / 196

Belgium-Luxembourg-Malawi: In 2018, Belgium-Luxembourg exported $33.2M to Malawi. The main products exported from Belgium-Luxembourg to Malawi were Motor-working Tools ($9.98M), Blood, antisera, vaccines, toxins and cultures ($9.71M), and Special Pharmaceuticals ($4.25M). During the last 23 years the exports of Belgium-Luxembourg to Malawi have increased at an annualized rate of 10.8%, from $3.12M in 1995 to $33.2M in 2018.

Malawi-Belgium-Luxembourg: In 2018, Malawi exported $213M to Belgium-Luxembourg. The main products exported from Malawi to Belgium-Luxembourg were Raw Tobacco ($207M), Raw Sugar ($3.28M), and Tea ($2.55M). During the last 23 years the exports of Malawi to Belgium-Luxembourg have increased at an annualized rate of 17.6%, from $5.14M in 1995 to $213M in 2018.

Comparison: In 2018, Belgium-Luxembourg ranked 10 in total exports ($442B). That same year, Malawi ranked 151 in total exports ($998M). Both countries does not have data related to Economic Complexity Index. In terms of GDP Per Capita, Malawi was ranked 194 with a GDP Per Capita of $389, while Belgium-Luxembourg has no data regarding GDP Per Capita in 2018.

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2018, Belgium-Luxembourg exported $33.2M to Malawi. The main products exported from Belgium-Luxembourg to Malawi were Motor-working Tools ($9.98M), Blood, antisera, vaccines, toxins and cultures ($9.71M), and Special Pharmaceuticals ($4.25M). During the last 23 years the exports of Belgium-Luxembourg to Malawi have increased at an annualized rate of 10.8%, from $3.12M in 1995 to $33.2M in 2018.

In 2018, Malawi exported $213M to Belgium-Luxembourg. The main products exported from Malawi to Belgium-Luxembourg were Raw Tobacco ($207M), Raw Sugar ($3.28M), and Tea ($2.55M). During the last 23 years the exports of Malawi to Belgium-Luxembourg have increased at an annualized rate of 17.6%, from $5.14M in 1995 to $213M in 2018.

Market Competitiveness

#permalink to section
Measure

Belgium-Luxembourg
Top Destination
: Germany, $77.4B

Malawi
Top Destination
: Belgium-Luxembourg, $213M

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

In 2018, countries that imported more from Belgium-Luxembourg than Malawi were Germany ($77.4B), France ($62.3B), and Netherlands ($57.5B).

In 2018, countries that imported more from Malawi than Belgium-Luxembourg were Zimbabwe ($32.1M).

Comparative Advantage Belgium-Luxembourg - Malawi

#permalink to section
Depth

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

During 2018, Belgium-Luxembourg had a large net trade with Malawi in the exports of Chemical Products ($15.3M), Machines ($13.5M), and Plastics and Rubbers ($1.05M).

During 2018, Malawi had a large net trade with Belgium-Luxembourg in the exports of Foodstuffs ($210M), Vegetable Products ($2.62M), and Animal Products ($22.6k).

Trade Forecasts

#permalink to section

This section shows a forecast for total trade between Belgium-Luxembourg and Malawi. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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