2022
Flag  
GDP
$13.2BCURRENT US$
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2012-2022
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GDP GROWTH
50.1%CURRENT US$
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2022
Flag
 GDP
$579BCURRENT US$
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2012-2022
Flag
GDP GROWTH
16.6%CURRENT US$
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2022
Flag
GDP PC 
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
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2022
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GDP PC
$49,583CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
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About

Malawi-Belgium Trade: In 2022, Malawi exported $143M to Belgium. The main products that Malawi exported to Belgium were Raw Tobacco ($142M), Coffee ($476k), and Tea ($191k). Over the past 5 years the exports of Malawi to Belgium have decreased at an annualized rate of 4.88%, from $184M in 2017 to $143M in 2022.

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

Belgium-Malawi Trade: In 2022, Belgium exported $28.5M to Malawi. The main products that Belgium exported to Malawi were Vaccines, blood, antisera, toxins and cultures ($10.9M), Special Pharmaceuticals ($3.28M), and Potassic Fertilizers ($2.63M). Over the past 5 years the exports of Belgium to Malawi have decreased at an annualized rate of 0.41%,  from $29.1M in 2017 to $28.5M in 2022.

In 2022, Belgium 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, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malawi exported $143M to Belgium. The main products exported from Malawi to Belgium were Raw Tobacco ($142M), Coffee ($476k), and Tea ($191k). During the last 5 years the exports of Malawi to Belgium have decreased at an annualized rate of 4.88%, from $184M in 2017 to $143M in 2022.

In 2017, Belgium exported $28.5M to Malawi. The main products exported from Belgium to Malawi were Vaccines, blood, antisera, toxins and cultures ($10.9M), Special Pharmaceuticals ($3.28M), and Potassic Fertilizers ($2.63M). During the last 5 years the exports of Belgium to Malawi have decreased at an annualized rate of 0.41%, from $29.1M in 2022 to $28.5M in 2017.

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

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

Latest Data

Trade between Malawi (Flag) and Belgium (Flag)

Malawi Exports

Belgium Exports

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
Belgium
Top Destination
Germany$91.9B

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

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

In 2022, countries that imported more from Belgium than Malawi included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Malawi - Belgium

Flow
Scale

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

During 2022, Malawi had a large net trade with Belgium in the exports of Foodstuffs ($142M), Vegetable Products ($744k), and Animal Products ($17.5k).

During 2017, Belgium had a large net trade with Malawi in the exports of Chemical Products ($19.4M), Foodstuffs ($2.03M), and Plastics and Rubbers ($1.98M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Belgium+$3.44MRaw Tobacco
Top Product Potential Belgium Malawi+$340kMedical Instruments

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

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

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