Malawi (MWI) and Thailand (THA) Trade | The Observatory of Economic Complexity

About

Malawi-Thailand Trade: In 2022, Malawi exported $306k to Thailand. The main products that Malawi exported to Thailand were Liquid Dispersing Machines ($243k), Precious Stones ($40.2k), and Knit Sweaters ($8.41k). Over the past 5 years the exports of Malawi to Thailand have decreased at an annualized rate of 11.4%, from $560k in 2017 to $306k in 2022.

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

Thailand-Malawi Trade: In 2022, Thailand exported $6.97M to Malawi. The main products that Thailand exported to Malawi were Rubber Apparel ($1.69M), Other Plastic Products ($939k), and Ethylene Polymers ($455k). Over the past 5 years the exports of Thailand to Malawi have decreased at an annualized rate of 3.77%, from $8.78M in 2017 to $6.97M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malawi exported $306k to Thailand. The main products exported from Malawi to Thailand were Liquid Dispersing Machines ($243k), Precious Stones ($40.2k), and Knit Sweaters ($8.41k). During the last 5 years the exports of Malawi to Thailand have decreased at an annualized rate of 11.4%, from $560k in 2017 to $306k in 2022.

In 2017, Thailand exported $6.97M to Malawi. The main products exported from Thailand to Malawi were Rubber Apparel ($1.69M), Other Plastic Products ($939k), and Ethylene Polymers ($455k). During the last 5 years the exports of Thailand to Malawi have decreased at an annualized rate of 3.77%, from $8.78M in 2022 to $6.97M in 2017.

Exports from Malawi () to Thailand () (2022)

Exports from Thailand () to Malawi () (2022)

Latest Data

Trade between Malawi () and Thailand ()

Malawi Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationUnited Arab Emirates$255M

Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Malawi than Thailand included Zambia ($40.8M), Zimbabwe ($45M), and Eritrea ($578k).

In 2022, countries that imported more from Thailand than Malawi included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

Difference in imports from Thailand () and Malawi () (2022)

Comparative Advantage Malawi - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malawi had a large net trade with Thailand in the exports of Machines ($247k), Precious Metals ($40.5k), and Textiles ($11.2k).

During 2017, Thailand had a large net trade with Malawi in the exports of Plastics and Rubbers ($3.4M), Transportation ($811k), and Chemical Products ($788k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Malawi Thailand+$59.7kPrecious Stones

Top Product Potential Thailand Malawi+$564kCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Malawi () to Thailand () (2022)

Exports from Thailand () to Malawi () (2022)

Latest Data

Trade between Malawi () and Thailand ()

Malawi Exports

Thailand Exports

Market Competitiveness

Difference in imports from Thailand () and Malawi () (2022)

Comparative Advantage Malawi - Thailand

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Malawi () and Thailand () (2022)

Keep Exploring