Malawi (MWI) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Malawi-Finland Trade: In 2022, Malawi exported $715k to Finland. The main products that Malawi exported to Finland were Coffee ($415k), Raw Sugar ($274k), and Brooms ($24.5k). Over the past 5 years the exports of Malawi to Finland have decreased at an annualized rate of 7.42%, from $1.05M in 2017 to $715k in 2022.

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

Finland-Malawi Trade: In 2022, Finland exported $5.28M to Malawi. The main products that Finland exported to Malawi were Plastic Lids ($2.1M), Raw Plastic Sheeting ($1.82M), and Video Displays ($850k). Over the past 5 years the exports of Finland to Malawi have decreased at an annualized rate of 21.7%, from $17.9M in 2017 to $5.28M in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malawi exported $715k to Finland. The main products exported from Malawi to Finland were Coffee ($415k), Raw Sugar ($274k), and Brooms ($24.5k). During the last 5 years the exports of Malawi to Finland have decreased at an annualized rate of 7.42%, from $1.05M in 2017 to $715k in 2022.

In 2017, Finland exported $5.28M to Malawi. The main products exported from Finland to Malawi were Plastic Lids ($2.1M), Raw Plastic Sheeting ($1.82M), and Video Displays ($850k). During the last 5 years the exports of Finland to Malawi have decreased at an annualized rate of 21.7%, from $17.9M in 2022 to $5.28M in 2017.

Exports from Malawi () to Finland () (2022)

Exports from Finland () to Malawi () (2022)

Latest Data

Trade between Malawi () and Finland ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationUnited Arab Emirates$255M

Finland
Top DestinationGermany$9.99B

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

In 2022, countries that imported more from Malawi than Finland included Zimbabwe ($45M), Mozambique ($17.8M), and Zambia ($40.8M).

In 2022, countries that imported more from Finland than Malawi included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

Comparative Advantage Malawi - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malawi had a large net trade with Finland in the exports of Vegetable Products ($417k), Foodstuffs ($274k), and Miscellaneous ($24.5k).

During 2017, Finland had a large net trade with Malawi in the exports of Plastics and Rubbers ($3.95M), Machines ($974k), and Chemical Products ($118k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Malawi Finland+$174kRaw Sugar

Top Product Potential Finland Malawi+$34kElectrical Transformers

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

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Historical Data

Bilateral Trade by Products

Exports from Malawi () to Finland () (2022)

Exports from Finland () to Malawi () (2022)

Latest Data

Trade between Malawi () and Finland ()

Finland Exports

Market Competitiveness

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

Comparative Advantage Malawi - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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