2022
Flag  
GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
 GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC 
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186

About

Malawi-Bosnia and Herzegovina Trade: In 2022, Malawi exported $39.2k to Bosnia and Herzegovina. The main products that Malawi exported to Bosnia and Herzegovina were Pepper ($13.4k), Other Furniture ($10.8k), and Broadcasting Equipment ($3.55k). Over the past 5 years the exports of Malawi to Bosnia and Herzegovina have decreased at an annualized rate of 37.5%, from $409k in 2017 to $39.2k in 2022.

In 2022, Malawi did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Malawi Trade: In 2022, Bosnia and Herzegovina exported $10.6k to Malawi. The main products that Bosnia and Herzegovina exported to Malawi were Integrated Circuits ($9.86k), Insulated Wire ($481), and Centrifuges ($289). Over the past 5 years the exports of Bosnia and Herzegovina to Malawi have increased at an annualized rate of 19.4%,  from $4.38k in 2017 to $10.6k in 2022.

In 2022, Bosnia and Herzegovina 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, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malawi exported $39.2k to Bosnia and Herzegovina. The main products exported from Malawi to Bosnia and Herzegovina were Pepper ($13.4k), Other Furniture ($10.8k), and Broadcasting Equipment ($3.55k). During the last 5 years the exports of Malawi to Bosnia and Herzegovina have decreased at an annualized rate of 37.5%, from $409k in 2017 to $39.2k in 2022.

In 2017, Bosnia and Herzegovina exported $10.6k to Malawi. The main products exported from Bosnia and Herzegovina to Malawi were Integrated Circuits ($9.86k), Insulated Wire ($481), and Centrifuges ($289). During the last 5 years the exports of Bosnia and Herzegovina to Malawi have increased at an annualized rate of 19.4%, from $4.38k in 2022 to $10.6k in 2017.

Exports from Malawi (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to Malawi (Flag) (2022)

Latest Data

Trade between Malawi (Flag) and Bosnia and Herzegovina (Flag)

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

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

In 2022, countries that imported more from Bosnia and Herzegovina than Malawi included Croatia ($1.47B), Germany ($1.46B), and Serbia ($1.35B).

Difference in imports from Bosnia and Herzegovina (Flag) and Malawi (Flag) (2022)

Comparative Advantage Malawi - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Malawi had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($13.4k), Miscellaneous ($11.2k), and Machines ($6.03k).

During 2017, Bosnia and Herzegovina had a large net trade with Malawi in the exports of Machines ($10.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Bosnia and Herzegovina+$8.22kPepper
Top Product Potential Bosnia and Herzegovina Malawi+N/AN/A

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

Product Space of Malawi (Flag) and Bosnia and Herzegovina (Flag) (2022)

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