2023
Flag  
GDP
$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH
58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
 GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC 
$602CURRENT US$
Rnk 190 / 195
2013-2023
Flag
GDP PC GROWTH
21.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC
$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

Malawi-India Trade: In 2023, Malawi exported $67.2M to India. The main products that Malawi exported to India were Dried Legumes ($54M), Soybean Meal ($4.68M), and Soybeans ($2.86M). Over the past 5 years the exports of Malawi to India have increased at an annualized rate of 21.7%, from $25.2M in 2018 to $67.2M in 2023.

In 2023, Malawi did not export any services to India.

India-Malawi Trade: In 2023, India exported $219M to Malawi. The main products that India exported to Malawi were Packaged Medicaments ($46.3M), Vaccines, blood, antisera, toxins and cultures ($22.9M), and Refined Petroleum ($12M). Over the past 5 years the exports of India to Malawi have decreased at an annualized rate of 2.95%,  from $255M in 2018 to $219M in 2023.

In 2023, India did not export any services to Malawi.

Comparison In 2023,  Malawi ranked 163 in total exports ($922M), and does not have data regarding Economic Complexity Index. That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malawi exported $67.2M to India. The main products exported from Malawi to India were Dried Legumes ($54M), Soybean Meal ($4.68M), and Soybeans ($2.86M). During the last 5 years the exports of Malawi to India have increased at an annualized rate of 21.7%, from $25.2M in 2018 to $67.2M in 2023.

In 2018, India exported $219M to Malawi. The main products exported from India to Malawi were Packaged Medicaments ($46.3M), Vaccines, blood, antisera, toxins and cultures ($22.9M), and Refined Petroleum ($12M). During the last 5 years the exports of India to Malawi have decreased at an annualized rate of 2.95%, from $255M in 2023 to $219M in 2018.

Exports from Malawi (Flag) to India (Flag) (2023)

Exports from India (Flag) to Malawi (Flag) (2023)

Latest Data

Trade between Malawi (Flag) and India (Flag)

Malawi Exports

India Exports

Market Competitiveness

Color
Malawi
Top Destination
Germany$99.1M
India
Top Destination
United States$85.5B

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

In 2023, no countries were registered that imported more from Malawi than from India.

In 2023, countries that imported more from India than Malawi included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

Difference in imports from India (Flag) and Malawi (Flag) (2023)

Comparative Advantage Malawi - India

Flow
Scale

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

During 2023, Malawi had a large net trade with India in the exports of Vegetable Products ($60.8M), Foodstuffs ($4.89M), and Metals ($1.29M).

During 2018, India had a large net trade with Malawi in the exports of Chemical Products ($93.9M), Machines ($37.8M), and Mineral Products ($15.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi India+$3.96MDried Legumes
Top Product Potential India Malawi+$6.73MPackaged Medicaments

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

Product Space of Malawi (Flag) and India (Flag) (2023)

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