Overview In 2020 Malawi was the number 156 economy in the world in terms of total exports and the number 155 in total imports.

Exports The top exports of Malawi are Tobacco, unmanufactured; tobacco refuse ($488M), Cane or beet sugar and chemically pure sucrose, in solid form ($97.9M), Tea ($83.6M), Vegetables, leguminous; shelled, whether or not skinned or split, dried ($50.4M), and Ground-nuts; not roasted or otherwise cooked, whether or not shelled or broken ($35.4M), exporting mostly to Belgium ($161M), United Kingdom ($51.9M), South Africa ($50.9M), Germany ($50.6M), and Zimbabwe ($43M).

Imports The top imports of Malawi are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing... ($187M), Unused postage, revenue or similar stamps of current or new issue in... ($158M), Tobacco, unmanufactured; tobacco refuse ($116M), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of... ($115M), and Fertilizers; mineral or chemical, containing 2 or 3 of the elements nitrogen,... ($107M), importing mostly from South Africa ($549M), China ($394M), United Arab Emirates ($277M), India ($195M), and Zambia ($149M).

Location Malawi borders Mozambique, Tanzania, and Zambia by land.

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The following section uses the most recent trade data from partners of Malawi.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Data is presented based on data availability. Only countries using the Harmonic System (HS) are selected. Every source is shown using their own latest twelve months of data.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Historical Data

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Top Export (2020): Tobacco, unmanufactured; tobacco refuse, $488M

Top Destination (2020): Belgium, $549M

In 2020, Malawi exported a total of $937M, making it the number 156 exporter in the world. During the last five reported years the exports of Malawi have changed by -$257M from $1.19B in 2015 to $937M in 2020.

The most recent exports are led by Tobacco, unmanufactured; tobacco refuse ($488M), Cane or beet sugar and chemically pure sucrose, in solid form ($97.9M), Tea ($83.6M), Vegetables, leguminous; shelled, whether or not skinned or split, dried ($50.4M), and Ground-nuts; not roasted or otherwise cooked, whether or not shelled or broken ($35.4M). The most common destination for the exports of Malawi are Belgium ($161M), United Kingdom ($51.9M), South Africa ($50.9M), Germany ($50.6M), and Zimbabwe ($43M).

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Fastest Growing Export Markets (2019 - 2020)

Fastest Growing Import Markets (2019 - 2020)

Malawi Exports Services (2019): $182M

Malawi Imports Services (2019): $358M

In 2019, Malawi exported $182M worth of services. The top services exported by Malawi in 2019 were Computer and information services ($44.1M), Transportation ($30.3M), Business travel ($30.2M), Insurance services ($25.9M), and Financial services ($18.7M).

The top services imported by Malawi in 2019 were Transportation ($94.4M), Other business services ($62.5M), Business travel ($53.7M), Personal travel ($53.5M), and Insurance services ($33.8M).

Economic Complexity

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Most Specialized Products by RCA Index

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Malawi has a high level of specialization in Tobacco, unmanufactured; tobacco refuse (1.05k), Tea (194), Ground-nuts; not roasted or otherwise cooked, whether or not shelled or broken (156), Vegetables, leguminous; shelled, whether or not skinned or split, dried (75.4), and Cane or beet sugar and chemically pure sucrose, in solid form (69.9). Specialization is measured using RCA, an index that takes the ratio between Malawi observed and expected exports in each product.

Export Opportunities by Relatedness

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The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

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This network shows the products most related to the production structure of Malawi. These are products that tend to be co-exported with the products that Malawi exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Economic Complexity Ranking

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These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

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