2022
Flag  
GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC 
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186

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 $791k to Malawi. The main products that North Korea exported to Malawi were Nitrogenous Fertilizers ($731k), Stone Processing Machines ($18.3k), and Iron Structures ($14.2k). Over the past 7 years the exports of North Korea to Malawi have increased at an annualized rate of 189%,  from $3.92k in 2014 to $791k in 2021.

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

Comparison In 2022,  Malawi ranked 157 in total exports ($1.19B). That same year, North Korea ranked 182 in total exports ($248M). 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 2017, North Korea exported $791k to Malawi. The main products exported from North Korea to Malawi were Nitrogenous Fertilizers ($731k), Stone Processing Machines ($18.3k), and Iron Structures ($14.2k). During the last 5 years the exports of North Korea to Malawi have increased at an annualized rate of 189%, from $3.92k in 2022 to $791k in 2017.

Exports from Malawi (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Malawi (Flag) (2022)

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
North Korea
Top Destination
China$131M

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 2022, countries that imported more from Malawi than North Korea included United Arab Emirates ($255M), Belgium ($143M), and Tanzania ($72.8M).

In 2022, countries that imported more from North Korea than Malawi included China ($131M), Senegal ($26.9M), and Nigeria ($14M).

Difference in imports from North Korea (Flag) and Malawi (Flag) (2022)

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 2017, North Korea had a large net trade with Malawi in the exports of Chemical Products ($731k), Machines ($28.1k), and Metals ($24.8k).

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) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with