2022
Flag  
GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
 GDP
$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH
49.2%CURRENT US$
Rnk 64 / 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
$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH
49.9%CURRENT US$
Rnk 36 / 186

About

Malawi-Georgia Trade: In 2022, Malawi exported $1M to Georgia. The main products that Malawi exported to Georgia were Raw Tobacco ($1M). Over the past 5 years the exports of Malawi to Georgia have increased at an annualized rate of 25.5%, from $322k in 2017 to $1M in 2022.

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

Georgia-Malawi Trade: In 2022, Georgia exported $19.2k to Malawi. The main products that Georgia exported to Malawi were Laboratory Reagents ($13.1k), Broadcasting Equipment ($5.58k), and Binoculars and Telescopes ($284). Over the past 5 years the exports of Georgia to Malawi have decreased at an annualized rate of 63.7%,  from $3.03M in 2017 to $19.2k in 2022.

In 2022, Georgia 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, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malawi exported $1M to Georgia. The main products exported from Malawi to Georgia were Raw Tobacco ($1M). During the last 5 years the exports of Malawi to Georgia have increased at an annualized rate of 25.5%, from $322k in 2017 to $1M in 2022.

In 2017, Georgia exported $19.2k to Malawi. The main products exported from Georgia to Malawi were Laboratory Reagents ($13.1k), Broadcasting Equipment ($5.58k), and Binoculars and Telescopes ($284). During the last 5 years the exports of Georgia to Malawi have decreased at an annualized rate of 63.7%, from $3.03M in 2022 to $19.2k in 2017.

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

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

Latest Data

Trade between Malawi (Flag) and Georgia (Flag)

Malawi Exports

Date

Georgia Exports

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
Georgia
Top Destination
China$759M

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

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

In 2022, countries that imported more from Georgia than Malawi included China ($759M), Azerbaijan ($668M), and Russia ($642M).

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

Comparative Advantage Malawi - Georgia

Flow
Scale

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

During 2022, Malawi had a large net trade with Georgia in the exports of Foodstuffs ($1M).

During 2017, Georgia had a large net trade with Malawi in the exports of Chemical Products ($13.1k), Machines ($5.83k), and Instruments ($284).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Georgia+$2.06kRaw Tobacco
Top Product Potential Georgia Malawi+$1.24kNitrogenous Fertilizers

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

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

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