2023
Flag  
GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
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GDP GROWTH
-6.01%CURRENT US$
Rnk 178 / 195
2023
Flag
 GDP
$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH
58.3%CURRENT US$
Rnk 58 / 195
2023
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GDP PC 
$33,730CURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP PC GROWTH
-32.1%CURRENT US$
Rnk 187 / 195
2023
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GDP PC
$602CURRENT US$
Rnk 190 / 196
2013-2023
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GDP PC GROWTH
21.2%CURRENT US$
Rnk 101 / 195

About

Kuwait-Malawi Trade: In 2023, Kuwait exported $89.7M to Malawi. The main products that Kuwait exported to Malawi were Refined Petroleum ($89.7M), Used Clothing ($1.74k), and Video Displays ($785). Over the past 5 years the exports of Kuwait to Malawi have decreased at an annualized rate of 5.49%, from $119M in 2018 to $89.7M in 2023.

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

Malawi-Kuwait Trade: In 2023, Malawi exported $5.51k to Kuwait. The main products that Malawi exported to Kuwait were Centrifuges ($3.18k), Low-voltage Protection Equipment ($811), and Seats ($811). Over the past 5 years the exports of Malawi to Kuwait have decreased at an annualized rate of 39%,  from $65.1k in 2018 to $5.51k in 2023.

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

Comparison In 2023,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21),  and 47 in total exports ($71B). 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
Value

In 2023, Kuwait exported $89.7M to Malawi. The main products exported from Kuwait to Malawi were Refined Petroleum ($89.7M), Used Clothing ($1.74k), and Video Displays ($785). During the last 5 years the exports of Kuwait to Malawi have decreased at an annualized rate of 5.49%, from $119M in 2018 to $89.7M in 2023.

In 2018, Malawi exported $5.51k to Kuwait. The main products exported from Malawi to Kuwait were Centrifuges ($3.18k), Low-voltage Protection Equipment ($811), and Seats ($811). During the last 5 years the exports of Malawi to Kuwait have decreased at an annualized rate of 39%, from $65.1k in 2023 to $5.51k in 2018.

Exports from Kuwait (Flag) to Malawi (Flag) (2023)

Exports from Malawi (Flag) to Kuwait (Flag) (2023)

Latest Data

Trade between Kuwait (Flag) and Malawi (Flag)

Kuwait Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$17.4B
Malawi
Top Destination
Germany$99.1M

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

In 2023, countries that imported more from Kuwait than Malawi included China ($17.4B), India ($9.51B), and Japan ($9.13B).

In 2023, countries that imported more from Malawi than Kuwait included Zimbabwe ($52.4M), Rwanda ($18.8M), and Dominican Republic ($12.7M).

Difference in imports from Malawi (Flag) and Kuwait (Flag) (2023)

Comparative Advantage Kuwait - Malawi

Flow
Scale

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

During 2023, Kuwait had a large net trade with Malawi in the exports of Mineral Products ($89.7M), Textiles ($2.11k), and Machines ($1.88k).

During 2018, Malawi had a large net trade with Kuwait in the exports of Machines ($4.52k), Miscellaneous ($811), and Vegetable Products ($179).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Malawi+$10kUsed Clothing
Top Product Potential Malawi Kuwait+$153kDried Legumes

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

Product Space of Kuwait (Flag) and Malawi (Flag) (2023)

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