2022
Flag  
GDP
$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH
43.3%CURRENT US$
Rnk 80 / 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 
$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 96 / 186
2022
Flag
GDP PC
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186

About

Liberia-Malawi Trade: In 2022, Liberia exported $424 to Malawi. The main products that Liberia exported to Malawi were Used Clothing ($275) and Brochures ($149). Over the past 9 years the exports of Liberia to Malawi have decreased at an annualized rate of 31.6%, from $13k in 2013 to $424 in 2022.

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

Malawi-Liberia Trade: In 2022, Malawi exported $47.6k to Liberia. The main products that Malawi exported to Liberia were N/A. Over the past 9 years the exports of Malawi to Liberia have decreased at an annualized rate of 2.59%,  from $94.2k in 2013 to $47.6k in 2022.

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

Comparison In 2022,  Liberia ranked 128 in the Economic Complexity Index (ECI -1.72),  and 144 in total exports ($1.96B). 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, Liberia exported $424 to Malawi. The main products exported from Liberia to Malawi were Used Clothing ($275) and Brochures ($149). During the last 9 years the exports of Liberia to Malawi have decreased at an annualized rate of 31.6%, from $13k in 2013 to $424 in 2022.

In 2016, Malawi exported $47.6k to Liberia. There were not main exports from Malawi to Liberia in 2016. During the last 5 years the exports of Malawi to Liberia have decreased at an annualized rate of 2.59%, from $94.2k in 2021 to $47.6k in 2016.

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

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

Latest Data

Trade between Liberia (Flag) and Malawi (Flag)

Malawi Exports

Date

Market Competitiveness

Color
Liberia
Top Destination
Switzerland$544M
Malawi
Top Destination
United Arab Emirates$255M

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

In 2022, countries that imported more from Liberia than Malawi included Switzerland ($544M), France ($158M), and Germany ($156M).

In 2022, countries that imported more from Malawi than Liberia included United Arab Emirates ($255M), Belgium ($143M), and Kenya ($58.8M).

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

Comparative Advantage Liberia - Malawi

Flow
Scale

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

During 2022, Liberia had a large net trade with Malawi in the exports of Textiles ($275) and Paper Goods ($149).

During 2016, Malawi had a large net trade with Liberia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Liberia Malawi+$2.02kGold
Top Product Potential Malawi Liberia+$1.01kRaw 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 Liberia and Malawi. This means that a dot/product with the flag of Liberia indicates it has a comparative advantage over Malawi. Similarly, a dot/product with the flag of Malawi indicates it has a comparative advantage over Liberia.

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

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