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2022
Flag → Flag
Exports $9.83MRnk 144 / 198
2022
Flag → Flag
Top Product $3.08MBroadcasting Equipment
2022
Flag → Flag
Exports $334kRnk 83 / 139
2022
Flag → Flag
Top Product $174kRaw Tobacco
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag  
GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
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GDP PC $48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186
2022
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GDP PC$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH14.6%CURRENT US$
Rnk 98 / 186

About

Hong Kong-Malawi Trade: In 2022, Hong Kong exported $9.83M to Malawi. The main products that Hong Kong exported to Malawi were Broadcasting Equipment ($3.08M), Coated Flat-Rolled Iron ($1.08M), and Medical Instruments ($923k). Over the past 5 years the exports of Hong Kong to Malawi have decreased at an annualized rate of 16.4%, from $24M in 2017 to $9.83M in 2022.

In 2022, Hong Kong did not export any services to Malawi.

Malawi-Hong Kong Trade: In 2022, Malawi exported $334k to Hong Kong. The main products that Malawi exported to Hong Kong were Raw Tobacco ($174k), Other Nuts ($112k), and Precious Stones ($31.4k). Over the past 5 years the exports of Malawi to Hong Kong have decreased at an annualized rate of 29.3%,  from $1.89M in 2017 to $334k in 2022.

In 2022, Malawi did not export any services to Hong Kong.

Comparison In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18),  and 39 in total exports ($113B). 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, Hong Kong exported $9.83M to Malawi. The main products exported from Hong Kong to Malawi were Broadcasting Equipment ($3.08M), Coated Flat-Rolled Iron ($1.08M), and Medical Instruments ($923k). During the last 5 years the exports of Hong Kong to Malawi have decreased at an annualized rate of 16.4%, from $24M in 2017 to $9.83M in 2022.

In 2017, Malawi exported $334k to Hong Kong. The main products exported from Malawi to Hong Kong were Raw Tobacco ($174k), Other Nuts ($112k), and Precious Stones ($31.4k). During the last 5 years the exports of Malawi to Hong Kong have decreased at an annualized rate of 29.3%, from $1.89M in 2022 to $334k in 2017.

Exports from Hong Kong (Flag) to Malawi (Flag) (2022)

Exports from Malawi (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Malawi (Flag)

Hong Kong Exports

Malawi Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$23.4B
Malawi
Top DestinationUnited Arab Emirates$255M

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

In 2022, countries that imported more from Hong Kong than Malawi included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Malawi than Hong Kong included Tanzania ($72.8M), Dominica ($2.76M), and Eritrea ($578k).

Difference in imports from Malawi (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Malawi

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Malawi in the exports of Machines ($5.11M), Metals ($1.2M), and Instruments ($1.12M).

During 2017, Malawi had a large net trade with Hong Kong in the exports of Foodstuffs ($174k), Vegetable Products ($112k), and Precious Metals ($31.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Malawi+$3.19MTelephones
Top Product Potential Malawi Hong Kong+$101kPrecious Stones

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

Product Space of Hong Kong (Flag) and Malawi (Flag) (2022)

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