Bangladesh (BGD) and Malawi (MWI) Trade | The Observatory of Economic Complexity

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Bangladesh-Malawi Trade: In 2023, Bangladesh exported $17.9k to Malawi. The main products that Bangladesh exported to Malawi were Awnings, Tents, and Sails ($9.56k), Knit T-shirts ($6.78k), and Non-Knit Men's Suits ($417). Over the past 5 years the exports of Bangladesh to Malawi have decreased at an annualized rate of 43.6%, from $313k in 2018 to $17.9k in 2023.

In 2023, Bangladesh did not export any services to Malawi.

Malawi-Bangladesh Trade: In 2023, Malawi exported $9 to Bangladesh. The main products that Malawi exported to Bangladesh were Other Inedible Animal Products ($9). Over the past 5 years the exports of Malawi to Bangladesh have decreased at an annualized rate of 81.1%, from $1.03M in 2018 to $9 in 2023.

In 2023, Malawi did not export any services to Bangladesh.

Comparison In 2023, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, Malawi ranked 163 in total exports ($922M), 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 2023, Bangladesh exported $17.9k to Malawi. The main products exported from Bangladesh to Malawi were Awnings, Tents, and Sails ($9.56k), Knit T-shirts ($6.78k), and Non-Knit Men's Suits ($417). During the last 5 years the exports of Bangladesh to Malawi have decreased at an annualized rate of 43.6%, from $313k in 2018 to $17.9k in 2023.

In 2018, Malawi exported $9 to Bangladesh. The main products exported from Malawi to Bangladesh were Other Inedible Animal Products ($9). During the last 5 years the exports of Malawi to Bangladesh have decreased at an annualized rate of 81.1%, from $1.03M in 2023 to $9 in 2018.

Exports from Bangladesh () to Malawi () (2023)

Exports from Malawi () to Bangladesh () (2023)

Latest Data

Trade between Bangladesh () and Malawi ()

Malawi Exports

Date

Sep 2016

Aug 2016

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$8.58B

Malawi
Top DestinationGermany$99.1M

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

In 2023, countries that imported more from Bangladesh than Malawi included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

In 2023, countries that imported more from Malawi than Bangladesh included Zimbabwe ($52.4M), Zambia ($34.5M), and Tanzania ($38.2M).

Difference in imports from Malawi () and Bangladesh () (2023)

Comparative Advantage Bangladesh - Malawi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bangladesh had a large net trade with Malawi in the exports of Textiles ($17.2k), Machines ($365), and Animal Hides ($220).

During 2018, Malawi had a large net trade with Bangladesh in the exports of Animal Products ($9).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Malawi+$2.1kKnit T-shirts

Top Product Potential Malawi Bangladesh+$4.02kGold

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

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Malawi () (2023)

Exports from Malawi () to Bangladesh () (2023)

Latest Data

Trade between Bangladesh () and Malawi ()

Malawi Exports

Market Competitiveness

Difference in imports from Malawi () and Bangladesh () (2023)

Comparative Advantage Bangladesh - Malawi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bangladesh () and Malawi () (2023)

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