Iran (IRN) and Malawi (MWI) Trade | The Observatory of Economic Complexity

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Iran-Malawi Trade: In 2023, Iran exported $95.2k to Malawi. The main products that Iran exported to Malawi were Computers ($70k), Cleaning Products ($12.5k), and Broadcasting Equipment ($4.48k). Over the past 5 years the exports of Iran to Malawi have decreased at an annualized rate of 15.1%, from $216k in 2018 to $95.2k in 2023.

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

Malawi-Iran Trade: In 2023, Malawi exported $724k to Iran. The main products that Malawi exported to Iran were N/A. Over the past 5 years the exports of Malawi to Iran have increased at an annualized rate of 135%, from $1.81k in 2018 to $724k in 2023.

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

Comparison In 2023, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B). 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, Iran exported $95.2k to Malawi. The main products exported from Iran to Malawi were Computers ($70k), Cleaning Products ($12.5k), and Broadcasting Equipment ($4.48k). During the last 5 years the exports of Iran to Malawi have decreased at an annualized rate of 15.1%, from $216k in 2018 to $95.2k in 2023.

In 2017, Malawi exported $724k to Iran. There were not main exports from Malawi to Iran in 2017. During the last 5 years the exports of Malawi to Iran have increased at an annualized rate of 135%, from $1.81k in 2022 to $724k in 2017.

Exports from Iran () to Malawi () (2023)

Exports from Malawi () to Iran () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iran
Top DestinationChina$4.59B

Malawi
Top DestinationGermany$99.1M

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

In 2023, countries that imported more from Iran than Malawi included China ($4.59B), Turkey ($2.18B), and India ($1.02B).

In 2023, countries that imported more from Malawi than Iran included Zimbabwe ($52.4M), South Africa ($48.2M), and United States ($47.5M).

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

Comparative Advantage Iran - Malawi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Iran had a large net trade with Malawi in the exports of Machines ($74.5k), Chemical Products ($12.5k), and Mineral Products ($4.44k).

During 2017, Malawi had a large net trade with Iran in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Iran Malawi+$2.42kEthylene Polymers

Top Product Potential Malawi Iran+$3.2kRaw 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

Year

This visualization shows the product space at the HS4 level with the flags of Iran and Malawi. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Malawi. Similarly, a dot/product with the flag of Malawi indicates it has a comparative advantage over Iran.

About

Historical Data

Bilateral Trade by Products

Exports from Iran () to Malawi () (2023)

Exports from Malawi () to Iran () (2023)

Market Competitiveness

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

Comparative Advantage Iran - Malawi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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