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2023
Flag → Flag
Exports $6.24MRnk 177 / 220
2023
Flag → Flag
Top Product $3.4MPesticides
2023
Flag → Flag
Exports $1.74MRnk 49 / 126
2023
Flag → Flag
Top Product $739kPepper
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$602CURRENT US$
Rnk 190 / 196
2013-2023
Flag
GDP PC GROWTH21.2%CURRENT US$
Rnk 101 / 195

About

Spain-Malawi Trade: In 2023, Spain exported $6.24M to Malawi. The main products that Spain exported to Malawi were Pesticides ($3.4M), Aldehydes, cyclic polymers, and paraformaldehyde ($436k), and Liquid Pumps ($256k). Over the past 5 years the exports of Spain to Malawi have increased at an annualized rate of 2.08%, from $5.63M in 2018 to $6.24M in 2023.

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

Malawi-Spain Trade: In 2023, Malawi exported $1.74M to Spain. The main products that Malawi exported to Spain were Pepper ($739k), Tropical Fruits ($389k), and Raw Tobacco ($349k). Over the past 5 years the exports of Malawi to Spain have decreased at an annualized rate of 21.1%,  from $5.69M in 2018 to $1.74M in 2023.

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

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Malawi ranked 163 in total exports ($922M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Spain exported €162k and imported €16k from Malawi, resulting in a positive trade balance of €146k. Between November 2023 and November 2024 the exports of Spain have increased by €63.3k (64.4%) from €98.3k to €162k, while imports decreased by €-99.4k (-86.1%) from €115k to €16k.

Trade In November 2024, the top exports of Spain to Malawi were Semiconductor Devices (€118k), Used Clothing (€97.4k), Washing and Bottling Machines (€2.71k), Commodities not elsewhere specified (€333), and Vacuum Cleaners (€244). In November 2024 the top imports of Spain from Malawi were Pepper (€120k), Raw Tobacco (€8.78k), Integrated Circuits (€724), Other Pure Vegetable Oils (€67.5), and Commodities not elsewhere specified (€14.5).

Origins In November 2024 the exports of Spain were mainly from Valencia (€161k) and Barcelona (€530), while imports destinations were mainly Madrid (€9.33k) and Valencia (€151).

Growth In November 2024, the increase in Spain's year-by-year exports to Malawi was explained primarily by an increase in product exports in Used Clothing (€68.4k or 236%). In November 2024, the decrease in Spain's year-by-year imports  from Malawi was explained primarily by an decrease in product imports  in Pepper (€-22.3k or -15.7%), Raw Tobacco (€-1.17k or -11.7%), and Commodities not elsewhere specified (€-82 or -85%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€63.3k(64.4%)
IMPORT GROWTH (November 2023 - November 2024)€-99.4k(-86.1%)
MAIN EXPORTER (November 2024)Valencia€161k

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Malawi and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Malawi and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $6.24M to Malawi. The main products exported from Spain to Malawi were Pesticides ($3.4M), Aldehydes, cyclic polymers, and paraformaldehyde ($436k), and Liquid Pumps ($256k). During the last 5 years the exports of Spain to Malawi have increased at an annualized rate of 2.08%, from $5.63M in 2018 to $6.24M in 2023.

In 2018, Malawi exported $1.74M to Spain. The main products exported from Malawi to Spain were Pepper ($739k), Tropical Fruits ($389k), and Raw Tobacco ($349k). During the last 5 years the exports of Malawi to Spain have decreased at an annualized rate of 21.1%, from $5.69M in 2023 to $1.74M in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Malawi
Top DestinationGermany$99.1M

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

In 2023, countries that imported more from Spain than Malawi included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from Malawi than Spain included Zimbabwe ($52.4M), Rwanda ($18.8M), and Lesotho ($2.46M).

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

Comparative Advantage Spain - Malawi

Flow
Scale

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

During 2023, Spain had a large net trade with Malawi in the exports of N/A.

During 2018, Malawi had a large net trade with Spain in the exports of Vegetable Products ($1.36M), Foodstuffs ($377k), and Machines ($3.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Malawi+$387kDelivery Trucks
Top Product Potential Malawi Spain+$1.07MRaw Sugar

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

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

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