2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186

About

Italy-Malawi Trade: In 2022, Italy exported $11.7M to Malawi. The main products that Italy exported to Malawi were Paper Containers ($4.63M), Used Clothing ($1.49M), and Industrial Food Preperation Machinery ($810k). Over the past 5 years the exports of Italy to Malawi have decreased at an annualized rate of 11.1%, from $21.1M in 2017 to $11.7M in 2022.

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

Malawi-Italy Trade: In 2022, Malawi exported $8.94M to Italy. The main products that Malawi exported to Italy were Raw Tobacco ($6.38M), Other Hides and Skins ($1.31M), and Raw Sugar ($860k). Over the past 5 years the exports of Malawi to Italy have decreased at an annualized rate of 13.6%,  from $18.5M in 2017 to $8.94M in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). 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, Italy exported $11.7M to Malawi. The main products exported from Italy to Malawi were Paper Containers ($4.63M), Used Clothing ($1.49M), and Industrial Food Preperation Machinery ($810k). During the last 5 years the exports of Italy to Malawi have decreased at an annualized rate of 11.1%, from $21.1M in 2017 to $11.7M in 2022.

In 2017, Malawi exported $8.94M to Italy. The main products exported from Malawi to Italy were Raw Tobacco ($6.38M), Other Hides and Skins ($1.31M), and Raw Sugar ($860k). During the last 5 years the exports of Malawi to Italy have decreased at an annualized rate of 13.6%, from $18.5M in 2022 to $8.94M in 2017.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Malawi
Top Destination
United Arab Emirates$255M

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

In 2022, countries that imported more from Italy than Malawi included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, countries that imported more from Malawi than Italy included Zimbabwe ($45M).

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

Comparative Advantage Italy - Malawi

Flow
Scale

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

During 2022, Italy had a large net trade with Malawi in the exports of Paper Goods ($4.91M), Machines ($3.68M), and Textiles ($1.5M).

During 2017, Malawi had a large net trade with Italy in the exports of Foodstuffs ($7.24M), Animal Hides ($1.31M), and Vegetable Products ($301k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Malawi+$484kVaccines, blood, antisera, toxins and cultures
Top Product Potential Malawi Italy+$2.91MRaw 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 Italy and Malawi. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Malawi. Similarly, a dot/product with the flag of Malawi indicates it has a comparative advantage over Italy.

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

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