2022
Flag  
GDP
$13.2BCURRENT US$
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2012-2022
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GDP GROWTH
50.1%CURRENT US$
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2022
Flag
 GDP
$243BCURRENT US$
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2012-2022
Flag
GDP GROWTH
25.9%CURRENT US$
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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
$7,126CURRENT US$
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2012-2022
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GDP PC GROWTH
10%CURRENT US$
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About

Malawi-Peru Trade: In 2022, Malawi exported $266 to Peru. The main products that Malawi exported to Peru were Other Measuring Instruments ($266). Over the past 6 years the exports of Malawi to Peru have decreased at an annualized rate of 52.4%, from $22.7k in 2016 to $266 in 2022.

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

Peru-Malawi Trade: In 2022, Peru exported $779 to Malawi. The main products that Peru exported to Malawi were Bran ($618) and Buckwheat ($161). Over the past 6 years the exports of Peru to Malawi have decreased at an annualized rate of 49%,  from $22.6k in 2016 to $779 in 2022.

In 2022, Peru 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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malawi exported $266 to Peru. The main products exported from Malawi to Peru were Other Measuring Instruments ($266). During the last 6 years the exports of Malawi to Peru have decreased at an annualized rate of 52.4%, from $22.7k in 2016 to $266 in 2022.

In 2017, Peru exported $779 to Malawi. The main products exported from Peru to Malawi were Bran ($618) and Buckwheat ($161). During the last 5 years the exports of Peru to Malawi have decreased at an annualized rate of 49%, from $22.6k in 2022 to $779 in 2017.

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

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

Latest Data

Trade between Malawi (Flag) and Peru (Flag)

Peru Exports

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
Peru
Top Destination
China$17.6B

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

In 2022, countries that imported more from Malawi than Peru included Tanzania ($72.8M), Kenya ($58.8M), and Zimbabwe ($45M).

In 2022, countries that imported more from Peru than Malawi included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

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

Comparative Advantage Malawi - Peru

Flow
Scale

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

During 2022, Malawi had a large net trade with Peru in the exports of Instruments ($266).

During 2017, Peru had a large net trade with Malawi in the exports of Foodstuffs ($618) and Vegetable Products ($161).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Peru+$2.94kGold
Top Product Potential Peru Malawi+$2.66kGold

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

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

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