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2022
Flag → Flag
Exports $5.7MRnk 121 / 209
2022
Flag → Flag
Top Product $4.1MMixed Mineral or Chemical Fertilizers
2022
Flag → Flag
Exports $357kRnk 81 / 139
2022
Flag → Flag
Top Product $150kRaw Sugar
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
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 GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
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GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
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GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
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GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
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GDP PC$645CURRENT US$
Rnk 178 / 186
2012-2022
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GDP PC GROWTH14.6%CURRENT US$
Rnk 98 / 186

About

Norway-Malawi Trade: In 2022, Norway exported $5.7M to Malawi. The main products that Norway exported to Malawi were Mixed Mineral or Chemical Fertilizers ($4.1M), Medical Instruments ($369k), and Other Furniture ($213k). Over the past 5 years the exports of Norway to Malawi have increased at an annualized rate of 77.4%, from $325k in 2017 to $5.7M in 2022.

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

Malawi-Norway Trade: In 2022, Malawi exported $357k to Norway. The main products that Malawi exported to Norway were Raw Sugar ($150k), Wood Carpentry ($84.8k), and Seats ($36.3k). Over the past 5 years the exports of Malawi to Norway have increased at an annualized rate of 10.7%,  from $214k in 2017 to $357k in 2022.

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

Comparison In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54),  and 28 in total exports ($285B). That same year, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, Norway exported NOK864k and imported NOK282k from Malawi, resulting in a positive trade balance of NOK582k. Between September 2023 and September 2024 the exports of Norway have increased by NOK408k (89.5%) from NOK456k to NOK864k, while imports increased by NOK60k (27%) from NOK222k to NOK282k.

Trade In September 2024, the top exports of Norway to Malawi were Articles of apparel and clothing accessories (NOK300k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Fish (not marine mammals), crustaceans, molluscs... (NOK0). In September 2024 the top imports of Norway from Malawi were Sugars, sugar preparations and honey (NOK91k), Coffee, tea, cocoa, spices, and manufactures... (NOK55k), Office machines and automatic data-processing machines (NOK27k), Vegetables and fruit (NOK22k), and Furniture, and parts thereof; bedding, mattresses,... (NOK8k).

Growth In September 2024, the increase in Norway's year-by-year exports to Malawi was explained primarily by an increase in product exports in . In September 2024, the increase in Norway's year-by-year imports  from Malawi was explained primarily by an increase in product imports  in Coffee, tea, cocoa, spices, and manufactures... (NOK52k or 1.73k%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (September 2023 - September 2024)NOK408k(89.5%)
IMPORT GROWTH (September 2023 - September 2024)NOK60k(27%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Malawi and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Malawi and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $5.7M to Malawi. The main products exported from Norway to Malawi were Mixed Mineral or Chemical Fertilizers ($4.1M), Medical Instruments ($369k), and Other Furniture ($213k). During the last 5 years the exports of Norway to Malawi have increased at an annualized rate of 77.4%, from $325k in 2017 to $5.7M in 2022.

In 2017, Malawi exported $357k to Norway. The main products exported from Malawi to Norway were Raw Sugar ($150k), Wood Carpentry ($84.8k), and Seats ($36.3k). During the last 5 years the exports of Malawi to Norway have increased at an annualized rate of 10.7%, from $214k in 2022 to $357k in 2017.

Exports from Norway (Flag) to Malawi (Flag) (2022)

Exports from Malawi (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Malawi
Top DestinationUnited Arab Emirates$255M

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

In 2022, countries that imported more from Norway than Malawi included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Malawi than Norway included Zimbabwe ($45M), Kenya ($58.8M), and Zambia ($40.8M).

Difference in imports from Malawi (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - Malawi

Flow
Scale

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

During 2022, Norway had a large net trade with Malawi in the exports of Chemical Products ($4.1M), Machines ($706k), and Instruments ($408k).

During 2017, Malawi had a large net trade with Norway in the exports of Foodstuffs ($150k), Wood Products ($94.4k), and Miscellaneous ($41.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Malawi+$72.4kMedical Instruments
Top Product Potential Malawi Norway+$156kRaw Sugar

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

Product Space of Norway (Flag) and Malawi (Flag) (2022)

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