2022
Flag  
GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 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 
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186
2022
Flag
GDP PC
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186

About

Guinea-Malawi Trade: In 2022, Guinea exported $910 to Malawi. The main products that Guinea exported to Malawi were Hair Products ($464), Felt or Coated Fabric Garments ($343), and Perfumes ($103). Over the past 6 years the exports of Guinea to Malawi have increased at an annualized rate of 15.6%, from $382 in 2016 to $910 in 2022.

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

Malawi-Guinea Trade: In 2022, Malawi exported $252k to Guinea. The main products that Malawi exported to Guinea were Raw Tobacco ($251k) and Precious Stones ($516). Over the past 6 years the exports of Malawi to Guinea have decreased at an annualized rate of 13.4%,  from $518k in 2016 to $252k in 2022.

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

Comparison In 2022,  Guinea ranked 132 in the Economic Complexity Index (ECI -2.2),  and 101 in total exports ($10.4B). 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, Guinea exported $910 to Malawi. The main products exported from Guinea to Malawi were Hair Products ($464), Felt or Coated Fabric Garments ($343), and Perfumes ($103). During the last 6 years the exports of Guinea to Malawi have increased at an annualized rate of 15.6%, from $382 in 2016 to $910 in 2022.

In 2017, Malawi exported $252k to Guinea. The main products exported from Malawi to Guinea were Raw Tobacco ($251k) and Precious Stones ($516). During the last 5 years the exports of Malawi to Guinea have decreased at an annualized rate of 13.4%, from $518k in 2022 to $252k in 2017.

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

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

Latest Data

Trade between Guinea (Flag) and Malawi (Flag)

Malawi Exports

Date

Market Competitiveness

Color
Guinea
Top Destination
China$3.81B
Malawi
Top Destination
United Arab Emirates$255M

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

In 2022, countries that imported more from Guinea than Malawi included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

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

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

Comparative Advantage Guinea - Malawi

Flow
Scale

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

During 2022, Guinea had a large net trade with Malawi in the exports of Chemical Products ($567) and Textiles ($343).

During 2017, Malawi had a large net trade with Guinea in the exports of Foodstuffs ($251k) and Precious Metals ($516).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Malawi+$2.73kGold
Top Product Potential Malawi Guinea+$1.53kRaw Sugar

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

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

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