Malawi (MWI) and Australia (AUS) Trade | The Observatory of Economic Complexity

About

Malawi-Australia Trade: In 2022, Malawi exported $237k to Australia. The main products that Malawi exported to Australia were Pepper ($61.5k), Liquid Dispersing Machines ($36.3k), and Dried Legumes ($30.1k). Over the past 5 years the exports of Malawi to Australia have decreased at an annualized rate of 19.3%, from $690k in 2017 to $237k in 2022.

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

Australia-Malawi Trade: In 2022, Australia exported $1.18M to Malawi. The main products that Australia exported to Malawi were Wheat ($487k), Malt Extract ($122k), and Cars ($84.7k). Over the past 5 years the exports of Australia to Malawi have decreased at an annualized rate of 38.6%, from $13.6M in 2017 to $1.18M in 2022.

In 2022, Australia 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, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malawi exported $237k to Australia. The main products exported from Malawi to Australia were Pepper ($61.5k), Liquid Dispersing Machines ($36.3k), and Dried Legumes ($30.1k). During the last 5 years the exports of Malawi to Australia have decreased at an annualized rate of 19.3%, from $690k in 2017 to $237k in 2022.

In 2017, Australia exported $1.18M to Malawi. The main products exported from Australia to Malawi were Wheat ($487k), Malt Extract ($122k), and Cars ($84.7k). During the last 5 years the exports of Australia to Malawi have decreased at an annualized rate of 38.6%, from $13.6M in 2022 to $1.18M in 2017.

Exports from Malawi () to Australia () (2022)

Exports from Australia () to Malawi () (2022)

Latest Data

Trade between Malawi () and Australia ()

Malawi Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationUnited Arab Emirates$255M

Australia
Top DestinationChina$123B

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

In 2022, countries that imported more from Malawi than Australia included Zimbabwe ($45M), Zambia ($40.8M), and Dominica ($2.76M).

In 2022, countries that imported more from Australia than Malawi included China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Comparative Advantage Malawi - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malawi had a large net trade with Australia in the exports of Vegetable Products ($91.5k), Machines ($48.2k), and Textiles ($27.6k).

During 2017, Australia had a large net trade with Malawi in the exports of Vegetable Products ($487k), Machines ($178k), and Foodstuffs ($126k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Malawi Australia+$60.8kPepper

Top Product Potential Australia Malawi+$161kWheat

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Malawi () to Australia () (2022)

Exports from Australia () to Malawi () (2022)

Latest Data

Trade between Malawi () and Australia ()

Malawi Exports

Australia Exports

Market Competitiveness

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

Comparative Advantage Malawi - Australia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring