2023
Flag  
GDP
$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH
47.2%CURRENT US$
Rnk 80 / 195
2023
Flag
 GDP
$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH
58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
GDP PC 
$3,686CURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP PC GROWTH
28.4%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC
$602CURRENT US$
Rnk 190 / 196
2013-2023
Flag
GDP PC GROWTH
21.2%CURRENT US$
Rnk 101 / 195

About

Bolivia-Malawi Trade: In 2022, Bolivia exported $1.4k to Malawi. The main products that Bolivia exported to Malawi were N/A. Over the past 7 years the exports of Bolivia to Malawi have increased at an annualized rate of 35.4%, from $167 in 2015 to $1.4k in 2022.

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

Malawi-Bolivia In N/A, Malawi did not export any products to Bolivia.

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

Comparison In 2023,  Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85),  and 103 in total exports ($10.6B). That same year, Malawi ranked 163 in total exports ($922M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bolivia exported $1.4k to Malawi. There were not main exports from Bolivia to Malawi in 2022. During the last 7 years the exports of Bolivia to Malawi have increased at an annualized rate of 35.4%, from $167 in 2015 to $1.4k in 2022.

Malawi does not register exports to Bolivia.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
Brazil$1.54B
Malawi
Top Destination
Germany$99.1M

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

In 2023, countries that imported more from Bolivia than Malawi included Brazil ($1.54B), India ($1.33B), and China ($1.21B).

In 2023, countries that imported more from Malawi than Bolivia included Zimbabwe ($52.4M), South Africa ($48.2M), and Poland ($45.7M).

Difference in imports from Malawi (Flag) and Bolivia (Flag) (2023)

Comparative Advantage Bolivia - Malawi

Flow
Scale

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

During 2022, Bolivia had a large net trade with Malawi in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Malawi+$2.26kGold
Top Product Potential Malawi Bolivia+$1.33kRaw 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 Bolivia and Malawi. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Malawi. Similarly, a dot/product with the flag of Malawi indicates it has a comparative advantage over Bolivia.

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

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