Malawi (MWI) and Azerbaijan (AZE) Trade | The Observatory of Economic Complexity

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Malawi-Azerbaijan Trade: In 2022, Malawi exported $2.98M to Azerbaijan. The main products that Malawi exported to Azerbaijan were Raw Tobacco ($2.98M), Dried Legumes ($333), and Vacuum Cleaners ($10). Over the past 6 years the exports of Malawi to Azerbaijan have increased at an annualized rate of 193%, from $4.75k in 2016 to $2.98M in 2022.

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

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

In 2022, Azerbaijan 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, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malawi exported $2.98M to Azerbaijan. The main products exported from Malawi to Azerbaijan were Raw Tobacco ($2.98M), Dried Legumes ($333), and Vacuum Cleaners ($10). During the last 6 years the exports of Malawi to Azerbaijan have increased at an annualized rate of 193%, from $4.75k in 2016 to $2.98M in 2022.

Azerbaijan does not register exports to Malawi. The main products exported from Azerbaijan to Malawi were Ball Bearings ($222).

Exports from Malawi () to Azerbaijan () (2022)

Exports from Azerbaijan () to Malawi () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationUnited Arab Emirates$255M

Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Malawi than Azerbaijan included United Arab Emirates ($255M), Belgium ($143M), and Tanzania ($72.8M).

In 2022, countries that imported more from Azerbaijan than Malawi included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Comparative Advantage Malawi - Azerbaijan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malawi had a large net trade with Azerbaijan in the exports of Foodstuffs ($2.98M), Vegetable Products ($333), and Machines ($10).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Malawi Azerbaijan+$412kRaw Tobacco

Top Product Potential Azerbaijan Malawi+$2.19kPetroleum Gas

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

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Historical Data

Bilateral Trade by Products

Exports from Malawi () to Azerbaijan () (2022)

Exports from Azerbaijan () to Malawi () (2022)

Market Competitiveness

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

Comparative Advantage Malawi - Azerbaijan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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