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2021
Flag → Flag
Exports $156Rnk 6 / 0
2021
Flag → Flag
Exports $24.4kRnk 63 / 82
2021
Flag → Flag
Top Product $7.42kOther Nitrogen Compounds
2023
Flag  
GDP$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
GDP PC $602CURRENT US$
Rnk 190 / 195
2013-2023
Flag
GDP PC GROWTH21.2%CURRENT US$
Rnk 101 / 195

About

Malawi-North Korea Trade: In 2021, Malawi exported $156 to North Korea. The main products that Malawi exported to North Korea were N/A. Over the past 7 years the exports of Malawi to North Korea have decreased at an annualized rate of 76.3%, from $3.7M in 2014 to $156 in 2021.

In 2021, Malawi did not export any services to North Korea.

North Korea-Malawi Trade: In 2021, North Korea exported $24.4k to Malawi. The main products that North Korea exported to Malawi were Other Nitrogen Compounds ($7.42k), Other Furniture ($3.07k), and X-Ray Equipment ($2.56k). Over the past 7 years the exports of North Korea to Malawi have decreased at an annualized rate of 20.2%,  from $75.3k in 2014 to $24.4k in 2021.

In 2021, North Korea did not export any services to Malawi.

Comparison In 2023,  Malawi ranked 163 in total exports ($922M). That same year, North Korea ranked 172 in total exports ($397M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Malawi exported $156 to North Korea. There were not main exports from Malawi to North Korea in 2021. During the last 7 years the exports of Malawi to North Korea have decreased at an annualized rate of 76.3%, from $3.7M in 2014 to $156 in 2021.

In 2018, North Korea exported $24.4k to Malawi. The main products exported from North Korea to Malawi were Other Nitrogen Compounds ($7.42k), Other Furniture ($3.07k), and X-Ray Equipment ($2.56k). During the last 5 years the exports of North Korea to Malawi have decreased at an annualized rate of 20.2%, from $75.3k in 2023 to $24.4k in 2018.

Exports from Malawi (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Malawi (Flag) (2023)

Market Competitiveness

Color
Malawi
Top DestinationGermany$99.1M
North Korea
Top DestinationChina$292M

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

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

In 2023, countries that imported more from North Korea than Malawi included China ($292M), Austria ($10.1M), and Senegal ($10.3M).

Difference in imports from North Korea (Flag) and Malawi (Flag) (2023)

Comparative Advantage Malawi - North Korea

Flow
Scale

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

During 2021, Malawi had a large net trade with North Korea in the exports of .

During 2018, North Korea had a large net trade with Malawi in the exports of Chemical Products ($7.65k), Machines ($3.94k), and Instruments ($3.84k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Malawi and North Korea. This means that a dot/product with the flag of Malawi indicates it has a comparative advantage over North Korea. Similarly, a dot/product with the flag of North Korea indicates it has a comparative advantage over Malawi.

Product Space of Malawi (Flag) and North Korea (Flag) (2023)

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