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2022
Flag → Flag
Exports $4.45MRnk 176 / 218
2022
Flag → Flag
Top Product $1.37MBatteries
2022
Flag → Flag
Exports $2.5MRnk 47 / 139
2022
Flag → Flag
Top Product $1.25MRaw Sugar
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH14.6%CURRENT US$
Rnk 98 / 186

About

Spain-Malawi Trade: In 2022, Spain exported $4.45M to Malawi. The main products that Spain exported to Malawi were Batteries ($1.37M), Used Clothing ($739k), and Electrical Transformers ($286k). Over the past 5 years the exports of Spain to Malawi have decreased at an annualized rate of 19.3%, from $13M in 2017 to $4.45M in 2022.

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

Malawi-Spain Trade: In 2022, Malawi exported $2.5M to Spain. The main products that Malawi exported to Spain were Raw Sugar ($1.25M), Pepper ($513k), and Raw Tobacco ($264k). Over the past 5 years the exports of Malawi to Spain have decreased at an annualized rate of 16.9%,  from $6.3M in 2017 to $2.5M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Spain exported €241k and imported €88k from Malawi, resulting in a positive trade balance of €153k. Between August 2023 and August 2024 the exports of Spain have decreased by €-151k (-38.4%) from €392k to €241k, while imports increased by €25.8k (41.4%) from €62.2k to €88k.

Trade In August 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 August 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 August 2024 the exports of Spain were mainly from Barcelona (€176k), Toledo (€48.4k), Valencia (€15.5k), Cádiz (€1.28k), and Guadalajara (€134), while imports destinations were mainly Murcia (€30.2k), Valencia (€25.6k), Barcelona (€18.9k), Madrid (€11.1k), and Alicante (€1.37k).

Growth In August 2024, the decrease in Spain's year-by-year exports to Malawi was explained primarily by an decrease in product exports in Commodities not elsewhere specified (€-255 or -43.4%). In August 2024, the increase in Spain's year-by-year imports  from Malawi was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€-151k(-38.4%)
IMPORT GROWTH (August 2023 - August 2024)€25.8k(41.4%)
MAIN EXPORTER (August 2024)Barcelona€176k

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 2022, Spain exported $4.45M to Malawi. The main products exported from Spain to Malawi were Batteries ($1.37M), Used Clothing ($739k), and Electrical Transformers ($286k). During the last 5 years the exports of Spain to Malawi have decreased at an annualized rate of 19.3%, from $13M in 2017 to $4.45M in 2022.

In 2017, Malawi exported $2.5M to Spain. The main products exported from Malawi to Spain were Raw Sugar ($1.25M), Pepper ($513k), and Raw Tobacco ($264k). During the last 5 years the exports of Malawi to Spain have decreased at an annualized rate of 16.9%, from $6.3M in 2022 to $2.5M in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Malawi
Top DestinationUnited Arab Emirates$255M

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 2022, countries that imported more from Spain than Malawi included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, countries that imported more from Malawi than Spain included Zimbabwe ($45M), Zambia ($40.8M), and Dominica ($2.76M).

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

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 2022, Spain had a large net trade with Malawi in the exports of Machines ($2.54M), Textiles ($759k), and Transportation ($375k).

During 2017, Malawi had a large net trade with Spain in the exports of Foodstuffs ($1.52M), Vegetable Products ($709k), and Transportation ($134k).

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) (2022)

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