2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186

About

Canada-Malawi Trade: In 2022, Canada exported $1.77M to Malawi. The main products that Canada exported to Malawi were Used Clothing ($279k), Computers ($186k), and Medical Instruments ($113k). Over the past 5 years the exports of Canada to Malawi have decreased at an annualized rate of 37.9%, from $19.1M in 2017 to $1.77M in 2022.

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

Malawi-Canada Trade: In 2022, Malawi exported $1.83M to Canada. The main products that Malawi exported to Canada were Integrated Circuits ($474k), Tea ($423k), and Raw Tobacco ($415k). Over the past 5 years the exports of Malawi to Canada have decreased at an annualized rate of 8.38%,  from $2.83M in 2017 to $1.83M in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). That same year, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $1.77M to Malawi. The main products exported from Canada to Malawi were Used Clothing ($279k), Computers ($186k), and Medical Instruments ($113k). During the last 5 years the exports of Canada to Malawi have decreased at an annualized rate of 37.9%, from $19.1M in 2017 to $1.77M in 2022.

In 2017, Malawi exported $1.83M to Canada. The main products exported from Malawi to Canada were Integrated Circuits ($474k), Tea ($423k), and Raw Tobacco ($415k). During the last 5 years the exports of Malawi to Canada have decreased at an annualized rate of 8.38%, from $2.83M in 2022 to $1.83M in 2017.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Malawi
Top Destination
United Arab Emirates$255M

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

In 2022, countries that imported more from Canada than Malawi included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Malawi than Canada included Zimbabwe ($45M), Zambia ($40.8M), and Tanzania ($72.8M).

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

Comparative Advantage Canada - Malawi

Flow
Scale

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

During 2022, Canada had a large net trade with Malawi in the exports of Textiles ($374k), Instruments ($281k), and Machines ($275k).

During 2017, Malawi had a large net trade with Canada in the exports of Foodstuffs ($612k), Machines ($522k), and Vegetable Products ($484k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Malawi+$210kPackaged Medicaments
Top Product Potential Malawi Canada+$596kRaw 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 Canada and Malawi. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Malawi. Similarly, a dot/product with the flag of Malawi indicates it has a comparative advantage over Canada.

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

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