2023
Flag  
GDP
$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
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GDP GROWTH
58.3%CURRENT US$
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2023
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 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
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GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
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GDP PC 
$602CURRENT US$
Rnk 190 / 195
2013-2023
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GDP PC GROWTH
21.2%CURRENT US$
Rnk 101 / 195
2023
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GDP PC
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
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GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

Malawi-Malaysia Trade: In 2023, Malawi exported $3.53M to Malaysia. The main products that Malawi exported to Malaysia were Refined Copper ($1.57M), Dried Legumes ($685k), and Tea ($615k). Over the past 5 years the exports of Malawi to Malaysia have increased at an annualized rate of 16.2%, from $1.66M in 2018 to $3.53M in 2023.

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

Malaysia-Malawi Trade: In 2023, Malaysia exported $43.5M to Malawi. The main products that Malaysia exported to Malawi were Palm Oil ($36.6M), Stearic Acid ($1.19M), and Packaged Medicaments ($884k). Over the past 5 years the exports of Malaysia to Malawi have increased at an annualized rate of 2.27%,  from $38.8M in 2018 to $43.5M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malawi exported $3.53M to Malaysia. The main products exported from Malawi to Malaysia were Refined Copper ($1.57M), Dried Legumes ($685k), and Tea ($615k). During the last 5 years the exports of Malawi to Malaysia have increased at an annualized rate of 16.2%, from $1.66M in 2018 to $3.53M in 2023.

In 2018, Malaysia exported $43.5M to Malawi. The main products exported from Malaysia to Malawi were Palm Oil ($36.6M), Stearic Acid ($1.19M), and Packaged Medicaments ($884k). During the last 5 years the exports of Malaysia to Malawi have increased at an annualized rate of 2.27%, from $38.8M in 2023 to $43.5M in 2018.

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

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

Latest Data

Trade between Malawi (Flag) and Malaysia (Flag)

Malawi Exports

Malaysia Exports

Market Competitiveness

Color
Malawi
Top Destination
Germany$99.1M
Malaysia
Top Destination
China$79.8B

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

In 2023, countries that imported more from Malawi than Malaysia included Zimbabwe ($52.4M), Rwanda ($18.8M), and Lesotho ($2.46M).

In 2023, countries that imported more from Malaysia than Malawi included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Malawi - Malaysia

Flow
Scale

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

During 2023, Malawi had a large net trade with Malaysia in the exports of Metals ($1.58M), Vegetable Products ($1.34M), and Foodstuffs ($587k).

During 2018, Malaysia had a large net trade with Malawi in the exports of Animal and Vegetable Bi-Products ($38.8M), Chemical Products ($1.52M), and Plastics and Rubbers ($714k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Malaysia+$620kDried Legumes
Top Product Potential Malaysia Malawi+$322kSoap

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

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

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