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Pricing

2022
Flag → Flag
Exports $72.7kRnk 106 / 139
2022
Flag → Flag
Top Product $72.4kRaw Tobacco
2022
Flag → Flag
Exports $164MRnk 117 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC $645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH14.6%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

Malawi-Armenia Trade: In 2022, Malawi exported $72.7k to Armenia. The main products that Malawi exported to Armenia were Raw Tobacco ($72.4k), Coffee ($345), and Other Plastic Products ($9). Over the past 5 years the exports of Malawi to Armenia have decreased at an annualized rate of 50.6%, from $2.46M in 2017 to $72.7k in 2022.

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

Armenia-Malawi In N/A, Armenia did not export any products to Malawi.

In 2022, Armenia 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, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malawi exported $72.7k to Armenia. The main products exported from Malawi to Armenia were Raw Tobacco ($72.4k), Coffee ($345), and Other Plastic Products ($9). During the last 5 years the exports of Malawi to Armenia have decreased at an annualized rate of 50.6%, from $2.46M in 2017 to $72.7k in 2022.

Armenia does not register exports to Malawi.

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

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

Latest Data

Trade between Malawi (Flag) and Armenia (Flag)

Malawi Exports

Date

Market Competitiveness

Color
Malawi
Top DestinationUnited Arab Emirates$255M
Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Malawi than Armenia included Tanzania ($72.8M), Kenya ($58.8M), and Belgium ($143M).

In 2022, countries that imported more from Armenia than Malawi included Russia ($2.36B), China ($420M), and United Arab Emirates ($535M).

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

Comparative Advantage Malawi - Armenia

Flow
Scale

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

During 2022, Malawi had a large net trade with Armenia in the exports of Foodstuffs ($72.4k), Vegetable Products ($345), and Plastics and Rubbers ($9).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Armenia+$115kRaw Tobacco
Top Product Potential Armenia Malawi+$1.67kTelephones

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

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

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