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2023
Flag → Flag
Exports $219MRnk 120 / 220
2023
Flag → Flag
Top Product $46.3MPackaged Medicaments
2023
Flag → Flag
Exports $67.2MRnk 2 / 126
2023
Flag → Flag
Top Product $54MDried Legumes
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 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 $2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC$602CURRENT US$
Rnk 190 / 196
2013-2023
Flag
GDP PC GROWTH21.2%CURRENT US$
Rnk 101 / 195

About

India-Malawi Trade: In 2023, India exported $219M to Malawi. The main products that India exported to Malawi were Packaged Medicaments ($46.3M), Vaccines, blood, antisera, toxins and cultures ($22.9M), and Refined Petroleum ($12M). Over the past 5 years the exports of India to Malawi have decreased at an annualized rate of 2.95%, from $255M in 2018 to $219M in 2023.

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

Malawi-India Trade: In 2023, Malawi exported $67.2M to India. The main products that Malawi exported to India were Dried Legumes ($54M), Soybean Meal ($4.68M), and Soybeans ($2.86M). Over the past 5 years the exports of Malawi to India have increased at an annualized rate of 7.85%,  from $25.2M in 2018 to $67.2M in 2023.

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

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). 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, India exported $8.37M and imported $12.5M from Malawi, resulting in a negative trade balance of $4.15M. Between November 2023 and November 2024 the exports of India have increased by $3.83M (84.3%) from $4.54M to $8.37M, while imports increased by $3.12M (33.1%) from $9.4M to $12.5M.

Trade In November 2024, the top exports of India to Malawi were Drug Formulations, Biologicals ($3.84M), Indl. Machnry For Dairy Etc ($880k), Bicycle And Parts ($616k), Products Of Iron And Steel ($459k), and Paper, Paper Board And Product ($306k). In November 2024 the top imports of India from Malawi were Pulses ($2.6M), Tea ($88.9k), and Pearl, Precs, Semiprecs Stones ($1.01k).

Growth In November 2024, the increase in India's year-by-year exports to Malawi was explained primarily by an increase in product exports in Drug Formulations, Biologicals ($1.07M or 38.8%), Paper, Paper Board And Product ($267k or 688%), and Products Of Iron And Steel ($185k or 67.8%). In November 2024, the increase in India's year-by-year imports  from Malawi was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)$3.83M(84.3%)
IMPORT GROWTH (November 2023 - November 2024)$3.12M(33.1%)

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

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

For full datasets download visit Bulk Download page.

Explore Malawi and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $219M to Malawi. The main products exported from India to Malawi were Packaged Medicaments ($46.3M), Vaccines, blood, antisera, toxins and cultures ($22.9M), and Refined Petroleum ($12M). During the last 5 years the exports of India to Malawi have decreased at an annualized rate of 2.95%, from $255M in 2018 to $219M in 2023.

In 2018, Malawi exported $67.2M to India. The main products exported from Malawi to India were Dried Legumes ($54M), Soybean Meal ($4.68M), and Soybeans ($2.86M). During the last 5 years the exports of Malawi to India have increased at an annualized rate of 7.85%, from $25.2M in 2023 to $67.2M in 2018.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$85.5B
Malawi
Top DestinationGermany$99.1M

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

In 2023, countries that imported more from India than Malawi included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, no countries were registered that imported more from Malawi than from India.

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

Comparative Advantage India - Malawi

Flow
Scale

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

During 2023, India had a large net trade with Malawi in the exports of Chemical Products ($93.9M), Machines ($37.8M), and Mineral Products ($15.2M).

During 2018, Malawi had a large net trade with India in the exports of Vegetable Products ($60.8M), Foodstuffs ($4.89M), and Metals ($1.29M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Malawi+$6.73MPackaged Medicaments
Top Product Potential Malawi India+$3.96MDried Legumes

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

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

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