2023
Flag  
GDP
$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH
58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 101 / 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
$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH
33.5%CURRENT US$
Rnk 72 / 195

About

Malawi-Jamaica Trade: In 2019, Malawi exported $7.16k to Jamaica. The main products that Malawi exported to Jamaica were N/A. Over the past 17 years the exports of Malawi to Jamaica have increased at an annualized rate of 1.98%, from $5.13k in 2002 to $7.16k in 2019.

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

Jamaica-Malawi Trade: In 2019, Jamaica exported $19.7k to Malawi. The main products that Jamaica exported to Malawi were Cars ($15.3k), Delivery Trucks ($3.29k), and Combs ($870). Over the past 17 years the exports of Jamaica to Malawi have decreased at an annualized rate of 3.47%,  from $35.9k in 2002 to $19.7k in 2019.

In 2019, Jamaica 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, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Malawi exported $7.16k to Jamaica. There were not main exports from Malawi to Jamaica in 2019. During the last 17 years the exports of Malawi to Jamaica have increased at an annualized rate of 1.98%, from $5.13k in 2002 to $7.16k in 2019.

In 2018, Jamaica exported $19.7k to Malawi. The main products exported from Jamaica to Malawi were Cars ($15.3k), Delivery Trucks ($3.29k), and Combs ($870). During the last 5 years the exports of Jamaica to Malawi have decreased at an annualized rate of 3.47%, from $35.9k in 2023 to $19.7k in 2018.

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

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

Market Competitiveness

Color
Malawi
Top Destination
Germany$99.1M
Jamaica
Top Destination
United States$709M

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

In 2023, countries that imported more from Malawi than Jamaica included Germany ($99.1M), India ($67.2M), and Zimbabwe ($52.4M).

In 2023, countries that imported more from Jamaica than Malawi included United States ($709M), Russia ($138M), and Latvia ($131M).

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

Comparative Advantage Malawi - Jamaica

Flow
Scale

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

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

During 2018, Jamaica had a large net trade with Malawi in the exports of Transportation ($18.6k), Miscellaneous ($870), and Chemical Products ($284).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Jamaica+$1.26kSoybean Meal
Top Product Potential Jamaica Malawi+$1.37kRefined Petroleum

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

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

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