2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 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 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC
$602CURRENT US$
Rnk 190 / 196
2013-2023
Flag
GDP PC GROWTH
21.2%CURRENT US$
Rnk 101 / 195

About

Denmark-Malawi Trade: In 2023, Denmark exported $9.34M to Malawi. The main products that Denmark exported to Malawi were Plastic Lids ($1.88M), Packaged Medicaments ($1.15M), and Special Pharmaceuticals ($895k). Over the past 5 years the exports of Denmark to Malawi have decreased at an annualized rate of 10.6%, from $16.3M in 2018 to $9.34M in 2023.

In 2023, Denmark did not export any services to Malawi.

Malawi-Denmark Trade: In 2023, Malawi exported $4.31M to Denmark. The main products that Malawi exported to Denmark were Raw Tobacco ($4.15M), Seats ($109k), and Live Fish ($27.4k). Over the past 5 years the exports of Malawi to Denmark have decreased at an annualized rate of 6.79%,  from $6.12M in 2018 to $4.31M in 2023.

In 2023, Malawi did not export any services to Denmark.

Comparison In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13),  and 37 in total exports ($118B). 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 2023, Denmark exported $9.34M to Malawi. The main products exported from Denmark to Malawi were Plastic Lids ($1.88M), Packaged Medicaments ($1.15M), and Special Pharmaceuticals ($895k). During the last 5 years the exports of Denmark to Malawi have decreased at an annualized rate of 10.6%, from $16.3M in 2018 to $9.34M in 2023.

In 2018, Malawi exported $4.31M to Denmark. The main products exported from Malawi to Denmark were Raw Tobacco ($4.15M), Seats ($109k), and Live Fish ($27.4k). During the last 5 years the exports of Malawi to Denmark have decreased at an annualized rate of 6.79%, from $6.12M in 2023 to $4.31M in 2018.

Exports from Denmark (Flag) to Malawi (Flag) (2023)

Exports from Malawi (Flag) to Denmark (Flag) (2023)

Latest Data

Trade between Denmark (Flag) and Malawi (Flag)

Denmark Exports

Malawi Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$14.8B
Malawi
Top Destination
Germany$99.1M

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

In 2023, countries that imported more from Denmark than Malawi included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, countries that imported more from Malawi than Denmark included Zimbabwe ($52.4M), Zambia ($34.5M), and Rwanda ($18.8M).

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

Comparative Advantage Denmark - Malawi

Flow
Scale

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

During 2023, Denmark had a large net trade with Malawi in the exports of Chemical Products ($3.69M), Machines ($2.27M), and Plastics and Rubbers ($2.22M).

During 2018, Malawi had a large net trade with Denmark in the exports of Foodstuffs ($4.15M), Miscellaneous ($125k), and Animal Products ($27.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Malawi+$787kVaccines, blood, antisera, toxins and cultures
Top Product Potential Malawi Denmark+$129kCoffee

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

Product Space of Denmark (Flag) and Malawi (Flag) (2023)

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