2022
Flag  
GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
12.7%CURRENT US$
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2022
Flag
 GDP
$13.2BCURRENT US$
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2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
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2022
Flag
GDP PC 
$15,356CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
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2022
Flag
GDP PC
$645CURRENT US$
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2012-2022
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GDP PC GROWTH
14.6%CURRENT US$
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About

Chile-Malawi Trade: In 2022, Chile exported $3.05k to Malawi. The main products that Chile exported to Malawi were Laboratory Reagents ($2.65k), Vacuum Cleaners ($340), and Other Hand Tools ($22). Over the past 5 years the exports of Chile to Malawi have increased at an annualized rate of 4.79%, from $2.41k in 2017 to $3.05k in 2022.

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

Malawi-Chile Trade: In 2022, Malawi exported $4.46k to Chile. The main products that Malawi exported to Chile were Centrifuges ($3.03k), Office Machine Parts ($1.34k), and Tea ($94). Over the past 5 years the exports of Malawi to Chile have decreased at an annualized rate of 43.8%,  from $79.5k in 2017 to $4.46k in 2022.

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

Comparison In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18),  and 44 in total exports ($99B). 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, Chile exported $3.05k to Malawi. The main products exported from Chile to Malawi were Laboratory Reagents ($2.65k), Vacuum Cleaners ($340), and Other Hand Tools ($22). During the last 5 years the exports of Chile to Malawi have increased at an annualized rate of 4.79%, from $2.41k in 2017 to $3.05k in 2022.

In 2017, Malawi exported $4.46k to Chile. The main products exported from Malawi to Chile were Centrifuges ($3.03k), Office Machine Parts ($1.34k), and Tea ($94). During the last 5 years the exports of Malawi to Chile have decreased at an annualized rate of 43.8%, from $79.5k in 2022 to $4.46k in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Malawi
Top Destination
United Arab Emirates$255M

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

In 2022, countries that imported more from Chile than Malawi included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Malawi than Chile included Tanzania ($72.8M), Kenya ($58.8M), and Zimbabwe ($45M).

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

Comparative Advantage Chile - Malawi

Flow
Scale

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

During 2022, Chile had a large net trade with Malawi in the exports of Chemical Products ($2.65k), Machines ($340), and Metals ($22).

During 2017, Malawi had a large net trade with Chile in the exports of Machines ($4.37k) and Vegetable Products ($94).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Malawi+$1.78kGold
Top Product Potential Malawi Chile+$7.07kComputers

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

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

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