Malawi (MWI) and Peru (PER) Trade | The Observatory of Economic Complexity

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Malawi-Peru Trade: In 2023, Malawi exported $23.4k to Peru. The main products that Malawi exported to Peru were Computers ($16.6k), Bandages ($4.94k), and Copper Housewares ($1.36k). Over the past 6 years the exports of Malawi to Peru have increased at an annualized rate of 66.7%, from $1.09k in 2017 to $23.4k in 2023.

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

Peru-Malawi Trade: In 2023, Peru exported $1.46k to Malawi. The main products that Peru exported to Malawi were Bran ($1.03k), Vegetable Tanning Extracts ($218), and Other Plastic Products ($169). Over the past 6 years the exports of Peru to Malawi have decreased at an annualized rate of 44.8%, from $28.4k in 2017 to $1.46k in 2023.

In 2023, Peru 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, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Malawi exported $23.4k to Peru. The main products exported from Malawi to Peru were Computers ($16.6k), Bandages ($4.94k), and Copper Housewares ($1.36k). During the last 6 years the exports of Malawi to Peru have increased at an annualized rate of 66.7%, from $1.09k in 2017 to $23.4k in 2023.

In 2018, Peru exported $1.46k to Malawi. The main products exported from Peru to Malawi were Bran ($1.03k), Vegetable Tanning Extracts ($218), and Other Plastic Products ($169). During the last 5 years the exports of Peru to Malawi have decreased at an annualized rate of 44.8%, from $28.4k in 2023 to $1.46k in 2018.

Exports from Malawi () to Peru () (2023)

Exports from Peru () to Malawi () (2023)

Latest Data

Trade between Malawi () and Peru ()

Peru Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationGermany$99.1M

Peru
Top DestinationChina$22.5B

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 2023, countries that imported more from Malawi than Peru included Zimbabwe ($52.4M), Tanzania ($38.2M), and Zambia ($34.5M).

In 2023, countries that imported more from Peru than Malawi included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

Difference in imports from Peru () and Malawi () (2023)

Comparative Advantage Malawi - Peru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Malawi had a large net trade with Peru in the exports of Machines ($16.6k), Chemical Products ($4.94k), and Metals ($1.36k).

During 2018, Peru had a large net trade with Malawi in the exports of Foodstuffs ($1.06k), Chemical Products ($218), and Plastics and Rubbers ($181).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Malawi () to Peru () (2023)

Exports from Peru () to Malawi () (2023)

Latest Data

Trade between Malawi () and Peru ()

Peru Exports

Market Competitiveness

Difference in imports from Peru () and Malawi () (2023)

Comparative Advantage Malawi - Peru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Malawi () and Peru () (2023)

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