2022
Flag  
GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
 GDP
$31.7BCURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP GROWTH
71.2%CURRENT US$
Rnk 28 / 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
$3,040CURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP PC GROWTH
44.3%CURRENT US$
Rnk 42 / 186

About

Malawi-Honduras Trade: In 2019, Malawi exported $2.94k to Honduras. The main products that Malawi exported to Honduras were N/A. Over the past 10 years the exports of Malawi to Honduras have decreased at an annualized rate of 41.8%, from $663k in 2009 to $2.94k in 2019.

In 2019, Malawi did not export any services to Honduras.

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

In 2019, Honduras 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, Honduras ranked 88 in the Economic Complexity Index (ECI -0.52), and 97 in total exports ($12.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Malawi exported $2.94k to Honduras. There were not main exports from Malawi to Honduras in 2019. During the last 10 years the exports of Malawi to Honduras have decreased at an annualized rate of 41.8%, from $663k in 2009 to $2.94k in 2019.

Honduras does not register exports to Malawi.

Exports from Malawi (Flag) to Honduras (Flag) (2019)

Exports from Honduras (Flag) to Malawi (Flag) (2019)

Latest Data

Trade between Malawi (Flag) and Honduras (Flag)

Malawi Exports

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
Honduras
Top Destination
United States$6.31B

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

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

In 2022, countries that imported more from Honduras than Malawi included United States ($6.31B), Nicaragua ($1.02B), and El Salvador ($940M).

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

Comparative Advantage Malawi - Honduras

Flow
Scale

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

During 2019, Malawi had a large net trade with Honduras in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Honduras+$1.77kRaw Tobacco
Top Product Potential Honduras Malawi+$1.78kInsulated 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 Honduras. This means that a dot/product with the flag of Malawi indicates it has a comparative advantage over Honduras. Similarly, a dot/product with the flag of Honduras indicates it has a comparative advantage over Malawi.

Product Space of Malawi (Flag) and Honduras (Flag) (2019)

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