2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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 GDP
$13.2BCURRENT US$
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2012-2022
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GDP GROWTH
50.1%CURRENT US$
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2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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2022
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GDP PC
$645CURRENT US$
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2012-2022
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GDP PC GROWTH
14.6%CURRENT US$
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About

Romania-Malawi Trade: In 2022, Romania exported $614k to Malawi. The main products that Romania exported to Malawi were Medical Instruments ($205k), Insulated Wire ($101k), and Other Furniture ($56.2k). Over the past 5 years the exports of Romania to Malawi have increased at an annualized rate of 69.4%, from $44k in 2017 to $614k in 2022.

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

Malawi-Romania Trade: In 2022, Malawi exported $399k to Romania. The main products that Malawi exported to Romania were Raw Tobacco ($399k) and Other Edible Preparations ($14). Over the past 5 years the exports of Malawi to Romania have decreased at an annualized rate of 23.3%,  from $1.5M in 2017 to $399k in 2022.

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

Comparison In 2022,  Romania ranked 26 in the Economic Complexity Index (ECI 1.03),  and 43 in total exports ($99.5B). That same year, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $614k to Malawi. The main products exported from Romania to Malawi were Medical Instruments ($205k), Insulated Wire ($101k), and Other Furniture ($56.2k). During the last 5 years the exports of Romania to Malawi have increased at an annualized rate of 69.4%, from $44k in 2017 to $614k in 2022.

In 2017, Malawi exported $399k to Romania. The main products exported from Malawi to Romania were Raw Tobacco ($399k) and Other Edible Preparations ($14). During the last 5 years the exports of Malawi to Romania have decreased at an annualized rate of 23.3%, from $1.5M in 2022 to $399k in 2017.

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

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

Latest Data

Trade between Romania (Flag) and Malawi (Flag)

Romania Exports

Malawi Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Malawi
Top Destination
United Arab Emirates$255M

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

In 2022, countries that imported more from Romania than Malawi included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2022, countries that imported more from Malawi than Romania included Tanzania ($72.8M), Zimbabwe ($45M), and Kenya ($58.8M).

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

Comparative Advantage Romania - Malawi

Flow
Scale

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

During 2022, Romania had a large net trade with Malawi in the exports of Instruments ($243k), Machines ($140k), and Metals ($58.1k).

During 2017, Malawi had a large net trade with Romania in the exports of Foodstuffs ($399k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Romania Malawi+$25.6kUsed Clothing
Top Product Potential Malawi Romania+$8.42kRaw Tobacco

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

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

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