Malawi (MWI) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Malawi-Spain Trade: In 2023, Malawi exported $1.74M to Spain. The main products that Malawi exported to Spain were Pepper ($739k), Tropical Fruits ($389k), and Raw Tobacco ($349k). Over the past 5 years the exports of Malawi to Spain have decreased at an annualized rate of 21.1%, from $5.69M in 2018 to $1.74M in 2023.

In 2023, Malawi did not export any services to Spain.

Spain-Malawi Trade: In 2023, Spain exported $6.24M to Malawi. The main products that Spain exported to Malawi were Pesticides ($3.4M), Aldehydes, cyclic polymers, and paraformaldehyde ($436k), and Liquid Pumps ($256k). Over the past 5 years the exports of Spain to Malawi have increased at an annualized rate of 2.08%, from $5.63M in 2018 to $6.24M in 2023.

In 2023, Spain did not export any services to Malawi.

Comparison In 2023, Malawi ranked 163 in total exports ($922M), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Malawi exported $1.74M to Spain. The main products exported from Malawi to Spain were Pepper ($739k), Tropical Fruits ($389k), and Raw Tobacco ($349k). During the last 5 years the exports of Malawi to Spain have decreased at an annualized rate of 21.1%, from $5.69M in 2018 to $1.74M in 2023.

In 2018, Spain exported $6.24M to Malawi. The main products exported from Spain to Malawi were Pesticides ($3.4M), Aldehydes, cyclic polymers, and paraformaldehyde ($436k), and Liquid Pumps ($256k). During the last 5 years the exports of Spain to Malawi have increased at an annualized rate of 2.08%, from $5.63M in 2023 to $6.24M in 2018.

Exports from Malawi () to Spain () (2023)

Exports from Spain () to Malawi () (2023)

Latest Data

Trade between Malawi () and Spain ()

Malawi Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationGermany$99.1M

Spain
Top DestinationFrance$61.9B

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

In 2023, countries that imported more from Malawi than Spain included Zimbabwe ($52.4M), Rwanda ($18.8M), and Lesotho ($2.46M).

In 2023, countries that imported more from Spain than Malawi included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

Difference in imports from Spain () and Malawi () (2023)

Comparative Advantage Malawi - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Malawi had a large net trade with Spain in the exports of Vegetable Products ($1.36M), Foodstuffs ($377k), and Machines ($3.5k).

During 2018, Spain had a large net trade with Malawi in the exports of Chemical Products ($4.28M), Machines ($871k), and Plastics and Rubbers ($310k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Malawi Spain+$1.07MRaw Sugar

Top Product Potential Spain Malawi+$387kDelivery Trucks

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

About

Historical Data

Bilateral Trade by Products

Exports from Malawi () to Spain () (2023)

Exports from Spain () to Malawi () (2023)

Latest Data

Trade between Malawi () and Spain ()

Malawi Exports

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Malawi () (2023)

Comparative Advantage Malawi - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Malawi () and Spain () (2023)

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