2022
Flag  
GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC 
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186

About

Malawi-Albania Trade: In 2018, Malawi exported $5.43k to Albania. The main products that Malawi exported to Albania were N/A. Over the past 9 years the exports of Malawi to Albania have decreased at an annualized rate of 15.1%, from $23.8k in 2009 to $5.43k in 2018.

In 2018, Malawi did not export any services to Albania.

Albania-Malawi Trade: In 2018, Albania exported $100 to Malawi. The main products that Albania exported to Malawi were Liquid Pumps ($100). Over the past 9 years the exports of Albania to Malawi have decreased at an annualized rate of 4.53%,  from $159 in 2009 to $100 in 2018.

In 2018, Albania did not export any services to Malawi.

Comparison In 2022,  Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index. That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Malawi exported $5.43k to Albania. There were not main exports from Malawi to Albania in 2018. During the last 9 years the exports of Malawi to Albania have decreased at an annualized rate of 15.1%, from $23.8k in 2009 to $5.43k in 2018.

In 2017, Albania exported $100 to Malawi. The main products exported from Albania to Malawi were Liquid Pumps ($100). During the last 5 years the exports of Albania to Malawi have decreased at an annualized rate of 4.53%, from $159 in 2022 to $100 in 2017.

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

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

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
Albania
Top Destination
Italy$1.75B

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

In 2022, countries that imported more from Malawi than Albania included United Arab Emirates ($255M), Belgium ($143M), and Tanzania ($72.8M).

In 2022, countries that imported more from Albania than Malawi included Italy ($1.75B), Greece ($421M), and Spain ($309M).

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

Comparative Advantage Malawi - Albania

Flow
Scale

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

During 2018, Malawi had a large net trade with Albania in the exports of .

During 2017, Albania had a large net trade with Malawi in the exports of Machines ($100).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Albania+$1.34kRaw Sugar
Top Product Potential Albania Malawi+$1.18kInsulated Wire

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

Product Space of Malawi (Flag) and Albania (Flag) (2022)

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