2022
Flag  
GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 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 
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186
2022
Flag
GDP PC
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186

About

In N/A, North Macedonia did not export any services to Malawi.

Malawi-North Macedonia Trade: In N/A, Malawi exported $161k to North Macedonia. The main products that Malawi exported to North Macedonia were Raw Tobacco ($161k), Pepper ($16), and Precious Stones ($14). Over the past N/A years the exports of Malawi to North Macedonia have increased at an annualized rate of 4.4%,  from $130k in N/A to $161k in N/A.

In N/A, Malawi did not export any services to North Macedonia.

Comparison In 2022,  North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25),  and 105 in total exports ($9.52B). 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

North Macedonia does not register exports to Malawi. The main products exported from North Macedonia to Malawi were Medical Instruments ($23.7k).

In 2017, Malawi exported $161k to North Macedonia. The main products exported from Malawi to North Macedonia were Raw Tobacco ($161k), Pepper ($16), and Precious Stones ($14). During the last 5 years the exports of Malawi to North Macedonia have increased at an annualized rate of 4.4%, from $130k in 2022 to $161k in 2017.

Exports from North Macedonia (Flag) to Malawi (Flag) (2022)

Exports from Malawi (Flag) to North Macedonia (Flag) (2022)

Market Competitiveness

Color
North Macedonia
Top Destination
Germany$3.96B
Malawi
Top Destination
United Arab Emirates$255M

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

In 2022, countries that imported more from North Macedonia than Malawi included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

In 2022, countries that imported more from Malawi than North Macedonia included United Arab Emirates ($255M), Tanzania ($72.8M), and Kenya ($58.8M).

Difference in imports from Malawi (Flag) and North Macedonia (Flag) (2022)

Comparative Advantage North Macedonia - Malawi

Flow
Scale

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

During 2017, Malawi had a large net trade with North Macedonia in the exports of Foodstuffs ($161k), Vegetable Products ($16), and Precious Metals ($14).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential North Macedonia Malawi+$1.56kPackaged Medicaments
Top Product Potential Malawi North Macedonia+$86.2kRaw 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 North Macedonia and Malawi. This means that a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Malawi. Similarly, a dot/product with the flag of Malawi indicates it has a comparative advantage over North Macedonia.

Product Space of North Macedonia (Flag) and Malawi (Flag) (2022)

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