Malawi (MWI) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Malawi-Greece Trade: In 2023, Malawi exported $8.98M to Greece. The main products that Malawi exported to Greece were Raw Tobacco ($8.94M), Basketwork ($21.6k), and Raw Sugar ($15.3k). Over the past 5 years the exports of Malawi to Greece have increased at an annualized rate of 18.5%, from $3.84M in 2018 to $8.98M in 2023.

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

Greece-Malawi Trade: In 2023, Greece exported $800k to Malawi. The main products that Greece exported to Malawi were Packaged Medicaments ($536k), Razor Blades ($150k), and Insulated Wire ($22.7k). Over the past 5 years the exports of Greece to Malawi have increased at an annualized rate of 1.26%, from $751k in 2018 to $800k in 2023.

In 2023, Greece 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Malawi exported $8.98M to Greece. The main products exported from Malawi to Greece were Raw Tobacco ($8.94M), Basketwork ($21.6k), and Raw Sugar ($15.3k). During the last 5 years the exports of Malawi to Greece have increased at an annualized rate of 18.5%, from $3.84M in 2018 to $8.98M in 2023.

In 2018, Greece exported $800k to Malawi. The main products exported from Greece to Malawi were Packaged Medicaments ($536k), Razor Blades ($150k), and Insulated Wire ($22.7k). During the last 5 years the exports of Greece to Malawi have increased at an annualized rate of 1.26%, from $751k in 2023 to $800k in 2018.

Exports from Malawi () to Greece () (2023)

Exports from Greece () to Malawi () (2023)

Latest Data

Trade between Malawi () and Greece ()

Malawi Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationGermany$99.1M

Greece
Top DestinationItaly$6.21B

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

In 2023, countries that imported more from Malawi than Greece included Zimbabwe ($52.4M), Zambia ($34.5M), and Tanzania ($38.2M).

In 2023, countries that imported more from Greece than Malawi included Italy ($6.21B), Cyprus ($3.03B), and Germany ($3.06B).

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

Comparative Advantage Malawi - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Malawi had a large net trade with Greece in the exports of Foodstuffs ($8.96M), Wood Products ($21.6k), and Machines ($821).

During 2018, Greece had a large net trade with Malawi in the exports of Chemical Products ($538k), Metals ($154k), and Machines ($78.4k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Malawi Greece+$1.32MRaw Tobacco

Top Product Potential Greece Malawi+$88.8kTelephones

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

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Historical Data

Bilateral Trade by Products

Exports from Malawi () to Greece () (2023)

Exports from Greece () to Malawi () (2023)

Latest Data

Trade between Malawi () and Greece ()

Malawi Exports

Greece Exports

Market Competitiveness

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

Comparative Advantage Malawi - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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