2023
Flag  
GDP
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
 GDP
$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH
58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
GDP PC 
$4,168CURRENT US$
Rnk 129 / 195
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC
$602CURRENT US$
Rnk 190 / 196
2013-2023
Flag
GDP PC GROWTH
21.2%CURRENT US$
Rnk 101 / 195

About

Namibia-Malawi Trade: In 2023, Namibia exported $2.46M to Malawi. The main products that Namibia exported to Malawi were Tractors ($349k), Excavation Machinery ($196k), and Other Iron Products ($181k). Over the past 5 years the exports of Namibia to Malawi have decreased at an annualized rate of 5.36%, from $3.24M in 2018 to $2.46M in 2023.

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

Malawi-Namibia Trade: In 2023, Malawi exported $266k to Namibia. The main products that Malawi exported to Namibia were Planes, Helicopters, and/or Spacecraft ($169k), Machinery Having Individual Functions ($42k), and Large Construction Vehicles ($24k). Over the past 5 years the exports of Malawi to Namibia have increased at an annualized rate of 2.72%,  from $136k in 2018 to $266k in 2023.

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

Comparison In 2023,  Namibia ranked 98 in the Economic Complexity Index (ECI -0.74),  and 124 in total exports ($6.28B). That same year, Malawi ranked 163 in total exports ($922M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Namibia exported $2.46M to Malawi. The main products exported from Namibia to Malawi were Tractors ($349k), Excavation Machinery ($196k), and Other Iron Products ($181k). During the last 5 years the exports of Namibia to Malawi have decreased at an annualized rate of 5.36%, from $3.24M in 2018 to $2.46M in 2023.

In 2018, Malawi exported $266k to Namibia. The main products exported from Malawi to Namibia were Planes, Helicopters, and/or Spacecraft ($169k), Machinery Having Individual Functions ($42k), and Large Construction Vehicles ($24k). During the last 5 years the exports of Malawi to Namibia have increased at an annualized rate of 2.72%, from $136k in 2023 to $266k in 2018.

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

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

Latest Data

Trade between Namibia (Flag) and Malawi (Flag)

Namibia Exports

Malawi Exports

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.71B
Malawi
Top Destination
Germany$99.1M

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

In 2023, countries that imported more from Namibia than Malawi included South Africa ($1.71B), China ($752M), and Botswana ($504M).

In 2023, countries that imported more from Malawi than Namibia included Poland ($45.7M), Tanzania ($38.2M), and Turkey ($26.9M).

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

Comparative Advantage Namibia - Malawi

Flow
Scale

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

During 2023, Namibia had a large net trade with Malawi in the exports of Transportation ($823k), Machines ($558k), and Metals ($411k).

During 2018, Malawi had a large net trade with Namibia in the exports of Transportation ($169k), Machines ($74.6k), and Wood Products ($10.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Malawi+$164kRefined Petroleum
Top Product Potential Malawi Namibia+$6.05kSeats

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

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

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