Azerbaijan (AZE) and Malawi (MWI) Trade | The Observatory of Economic Complexity

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Azerbaijan-Malawi Trade: In 2022, Azerbaijan exported $222 to Malawi. The main products that Azerbaijan exported to Malawi were Ball Bearings ($222). Over the past 6 years the exports of Azerbaijan to Malawi have decreased at an annualized rate of 50.4%, from $15k in 2016 to $222 in 2022.

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

Malawi-Azerbaijan Trade: In 2022, Malawi exported $2.98M to Azerbaijan. The main products that Malawi exported to Azerbaijan were Raw Tobacco ($2.98M), Dried Legumes ($333), and Vacuum Cleaners ($10). Over the past 6 years the exports of Malawi to Azerbaijan have increased at an annualized rate of 15.7%, from $388k in 2016 to $2.98M in 2022.

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

Comparison In 2022, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Azerbaijan exported $222 to Malawi. The main products exported from Azerbaijan to Malawi were Ball Bearings ($222). During the last 6 years the exports of Azerbaijan to Malawi have decreased at an annualized rate of 50.4%, from $15k in 2016 to $222 in 2022.

In 2017, Malawi exported $2.98M to Azerbaijan. The main products exported from Malawi to Azerbaijan were Raw Tobacco ($2.98M), Dried Legumes ($333), and Vacuum Cleaners ($10). During the last 5 years the exports of Malawi to Azerbaijan have increased at an annualized rate of 15.7%, from $388k in 2022 to $2.98M in 2017.

Exports from Azerbaijan () to Malawi () (2022)

Exports from Malawi () to Azerbaijan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Azerbaijan
Top DestinationItaly$18.3B

Malawi
Top DestinationUnited Arab Emirates$255M

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

In 2022, countries that imported more from Azerbaijan than Malawi included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

In 2022, countries that imported more from Malawi than Azerbaijan included United Arab Emirates ($255M), Belgium ($143M), and Tanzania ($72.8M).

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

Comparative Advantage Azerbaijan - Malawi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Azerbaijan had a large net trade with Malawi in the exports of Machines ($222).

During 2017, Malawi had a large net trade with Azerbaijan in the exports of Foodstuffs ($2.98M), Vegetable Products ($333), and Machines ($10).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Azerbaijan Malawi+$2.19kPetroleum Gas

Top Product Potential Malawi Azerbaijan+$412kRaw 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Azerbaijan () to Malawi () (2022)

Exports from Malawi () to Azerbaijan () (2022)

Market Competitiveness

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

Comparative Advantage Azerbaijan - Malawi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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