2023
Flag  
GDP
$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH
58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 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
$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

About

Malawi-Philippines Trade: In 2023, Malawi exported $4.7M to Philippines. The main products that Malawi exported to Philippines were Raw Tobacco ($4.69M), Aqueous Paints ($6.22k), and Other Nuts ($1.06k). Over the past 5 years the exports of Malawi to Philippines have decreased at an annualized rate of 11.2%, from $8.5M in 2018 to $4.7M in 2023.

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

Philippines-Malawi Trade: In 2023, Philippines exported $407k to Malawi. The main products that Philippines exported to Malawi were Office Machine Parts ($232k), Used Clothing ($90.4k), and Electrical Transformers ($30.3k). Over the past 5 years the exports of Philippines to Malawi have decreased at an annualized rate of 5.96%,  from $553k in 2018 to $407k in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malawi exported $4.7M to Philippines. The main products exported from Malawi to Philippines were Raw Tobacco ($4.69M), Aqueous Paints ($6.22k), and Other Nuts ($1.06k). During the last 5 years the exports of Malawi to Philippines have decreased at an annualized rate of 11.2%, from $8.5M in 2018 to $4.7M in 2023.

In 2018, Philippines exported $407k to Malawi. The main products exported from Philippines to Malawi were Office Machine Parts ($232k), Used Clothing ($90.4k), and Electrical Transformers ($30.3k). During the last 5 years the exports of Philippines to Malawi have decreased at an annualized rate of 5.96%, from $553k in 2023 to $407k in 2018.

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

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

Latest Data

Trade between Malawi (Flag) and Philippines (Flag)

Malawi Exports

Philippines Exports

Market Competitiveness

Color
Malawi
Top Destination
Germany$99.1M
Philippines
Top Destination
China$19B

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

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

In 2023, countries that imported more from Philippines than Malawi included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Malawi - Philippines

Flow
Scale

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

During 2023, Malawi had a large net trade with Philippines in the exports of Foodstuffs ($4.69M), Chemical Products ($6.22k), and Vegetable Products ($1.06k).

During 2018, Philippines had a large net trade with Malawi in the exports of Machines ($295k), Textiles ($92.8k), and Instruments ($9.25k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Philippines+$3.46kRaw Tobacco
Top Product Potential Philippines Malawi+$3.11kGold

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

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

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