Malawi (MWI) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Malawi-Armenia Trade: In 2022, Malawi exported $72.7k to Armenia. The main products that Malawi exported to Armenia were Raw Tobacco ($72.4k), Coffee ($345), and Other Plastic Products ($9). Over the past 5 years the exports of Malawi to Armenia have decreased at an annualized rate of 50.6%, from $2.46M in 2017 to $72.7k in 2022.

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

Armenia-Malawi In N/A, Armenia did not export any products to Malawi.

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

Comparison In 2022, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malawi exported $72.7k to Armenia. The main products exported from Malawi to Armenia were Raw Tobacco ($72.4k), Coffee ($345), and Other Plastic Products ($9). During the last 5 years the exports of Malawi to Armenia have decreased at an annualized rate of 50.6%, from $2.46M in 2017 to $72.7k in 2022.

Armenia does not register exports to Malawi.

Exports from Malawi () to Armenia () (2022)

Exports from Armenia () to Malawi () (2022)

Latest Data

Trade between Malawi () and Armenia ()

Malawi Exports

Date

Aug 2016

Jul 2016

May 2016

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationUnited Arab Emirates$255M

Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Malawi than Armenia included Tanzania ($72.8M), Kenya ($58.8M), and Belgium ($143M).

In 2022, countries that imported more from Armenia than Malawi included Russia ($2.36B), China ($420M), and United Arab Emirates ($535M).

Difference in imports from Armenia () and Malawi () (2022)

Comparative Advantage Malawi - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malawi had a large net trade with Armenia in the exports of Foodstuffs ($72.4k), Vegetable Products ($345), and Plastics and Rubbers ($9).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Malawi Armenia+$115kRaw Tobacco

Top Product Potential Armenia Malawi+$1.67kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Malawi () to Armenia () (2022)

Exports from Armenia () to Malawi () (2022)

Latest Data

Trade between Malawi () and Armenia ()

Malawi Exports

Market Competitiveness

Difference in imports from Armenia () and Malawi () (2022)

Comparative Advantage Malawi - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Malawi () and Armenia () (2022)

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