Benin (BEN) and Malawi (MWI) Trade | The Observatory of Economic Complexity

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Benin-Malawi Trade: In 2020, Benin exported $1.26k to Malawi. The main products that Benin exported to Malawi were N/A. Over the past 15 years the exports of Benin to Malawi have decreased at an annualized rate of 11%, from $7.17k in 2005 to $1.26k in 2020.

In 2020, Benin did not export any services to Malawi.

Malawi-Benin Trade: In 2020, Malawi exported $90.1k to Benin. The main products that Malawi exported to Benin were Corn ($52.7k), Medical Instruments ($17.4k), and Rubber Apparel ($10.3k). Over the past 15 years the exports of Malawi to Benin have increased at an annualized rate of 194%, from $412 in 2005 to $90.1k in 2020.

In 2020, Malawi did not export any services to Benin.

Comparison In 2022, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B). 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 2020, Benin exported $1.26k to Malawi. There were not main exports from Benin to Malawi in 2020. During the last 15 years the exports of Benin to Malawi have decreased at an annualized rate of 11%, from $7.17k in 2005 to $1.26k in 2020.

In 2017, Malawi exported $90.1k to Benin. The main products exported from Malawi to Benin were Corn ($52.7k), Medical Instruments ($17.4k), and Rubber Apparel ($10.3k). During the last 5 years the exports of Malawi to Benin have increased at an annualized rate of 194%, from $412 in 2022 to $90.1k in 2017.

Exports from Benin () to Malawi () (2022)

Exports from Malawi () to Benin () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Malawi
Top DestinationUnited Arab Emirates$255M

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

In 2022, countries that imported more from Benin than Malawi included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

In 2022, countries that imported more from Malawi than Benin included Belgium ($143M), Tanzania ($72.8M), and Kenya ($58.8M).

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

Comparative Advantage Benin - Malawi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2020, Benin had a large net trade with Malawi in the exports of .

During 2017, Malawi had a large net trade with Benin in the exports of Vegetable Products ($52.7k), Instruments ($17.4k), and Plastics and Rubbers ($10.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Benin Malawi+$1.84kGold

Top Product Potential Malawi Benin+$18.2kCorn

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Malawi () (2022)

Exports from Malawi () to Benin () (2022)

Market Competitiveness

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

Comparative Advantage Benin - Malawi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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