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Pricing

2023
Flag → Flag
Exports $19.3MRnk 16 / 126
2023
Flag → Flag
Top Product $15.8MTea
2023
Flag → Flag
Exports $94.2MRnk 112 / 223
2023
Flag → Flag
Top Product $64.4MDocuments of title (bonds etc) and unused stamps
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC $602CURRENT US$
Rnk 190 / 195
2013-2023
Flag
GDP PC GROWTH21.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Malawi-United Kingdom Trade: In 2023, Malawi exported $19.3M to United Kingdom. The main products that Malawi exported to United Kingdom were Tea ($15.8M), Dried Legumes ($1.06M), and Essential Oils ($599k). Over the past 5 years the exports of Malawi to United Kingdom have decreased at an annualized rate of 10.6%, from $33.7M in 2018 to $19.3M in 2023.

In 2023, Malawi did not export any services to United Kingdom.

United Kingdom-Malawi Trade: In 2023, United Kingdom exported $94.2M to Malawi. The main products that United Kingdom exported to Malawi were Documents of title (bonds etc) and unused stamps ($64.4M), Delivery Trucks ($4.72M), and Brochures ($3.71M). Over the past 5 years the exports of United Kingdom to Malawi have increased at an annualized rate of 15.2%,  from $46.4M in 2018 to $94.2M in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malawi exported $19.3M to United Kingdom. The main products exported from Malawi to United Kingdom were Tea ($15.8M), Dried Legumes ($1.06M), and Essential Oils ($599k). During the last 5 years the exports of Malawi to United Kingdom have decreased at an annualized rate of 10.6%, from $33.7M in 2018 to $19.3M in 2023.

In 2018, United Kingdom exported $94.2M to Malawi. The main products exported from United Kingdom to Malawi were Documents of title (bonds etc) and unused stamps ($64.4M), Delivery Trucks ($4.72M), and Brochures ($3.71M). During the last 5 years the exports of United Kingdom to Malawi have increased at an annualized rate of 15.2%, from $46.4M in 2023 to $94.2M in 2018.

Exports from Malawi (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Malawi (Flag) (2023)

Latest Data

Trade between Malawi (Flag) and United Kingdom (Flag)

Malawi Exports

United Kingdom Exports

Market Competitiveness

Color
Malawi
Top DestinationGermany$99.1M
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, countries that imported more from Malawi than United Kingdom included Rwanda ($18.8M).

In 2023, countries that imported more from United Kingdom than Malawi included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Malawi (Flag) (2023)

Comparative Advantage Malawi - United Kingdom

Flow
Scale

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

During 2023, Malawi had a large net trade with United Kingdom in the exports of Vegetable Products ($17.7M), Chemical Products ($626k), and Arts and Antiques ($473k).

During 2018, United Kingdom had a large net trade with Malawi in the exports of Paper Goods ($68.3M), Transportation ($9.89M), and Machines ($8.25M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi United Kingdom+$1.24MDried Legumes
Top Product Potential United Kingdom Malawi+$1.55MPackaged Medicaments

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

Product Space of Malawi (Flag) and United Kingdom (Flag) (2023)

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