2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 186
2022
Flag
 GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186
2022
Flag
GDP PC
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186

About

Bolivia-Malawi Trade: In 2022, Bolivia exported $1.26k to Malawi. The main products that Bolivia exported to Malawi were Used Clothing ($1.26k). Over the past 7 years the exports of Bolivia to Malawi have increased at an annualized rate of 33.6%, from $165 in 2015 to $1.26k in 2022.

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

Malawi-Bolivia In N/A, Malawi did not export any products to Bolivia.

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

Comparison In 2022,  Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85),  and 93 in total exports ($13.8B). 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, Bolivia exported $1.26k to Malawi. The main products exported from Bolivia to Malawi were Used Clothing ($1.26k). During the last 7 years the exports of Bolivia to Malawi have increased at an annualized rate of 33.6%, from $165 in 2015 to $1.26k in 2022.

Malawi does not register exports to Bolivia. The main products exported from Malawi to Bolivia were Brochures ($649).

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Malawi
Top Destination
United Arab Emirates$255M

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

In 2022, countries that imported more from Bolivia than Malawi included India ($2.27B), Brazil ($1.89B), and Argentina ($1.76B).

In 2022, countries that imported more from Malawi than Bolivia included Tanzania ($72.8M), Kenya ($58.8M), and South Africa ($56.2M).

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

Comparative Advantage Bolivia - Malawi

Flow
Scale

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

During 2022, Bolivia had a large net trade with Malawi in the exports of Textiles ($1.26k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Malawi+$2.26kGold
Top Product Potential Malawi Bolivia+$1.33kRaw 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 Bolivia and Malawi. This means that a dot/product with the flag of Bolivia indicates it has a comparative advantage over Malawi. Similarly, a dot/product with the flag of Malawi indicates it has a comparative advantage over Bolivia.

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

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