Malawi (MWI) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

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Malawi-Hong Kong Trade: In 2023, Malawi exported $1.24M to Hong Kong. The main products that Malawi exported to Hong Kong were Raw Tobacco ($977k), Precious Stones ($231k), and Live Fish ($13.7k). Over the past 5 years the exports of Malawi to Hong Kong have decreased at an annualized rate of 14%, from $2.63M in 2018 to $1.24M in 2023.

In 2023, Malawi did not export any services to Hong Kong.

Hong Kong-Malawi Trade: In 2023, Hong Kong exported $20.1M to Malawi. The main products that Hong Kong exported to Malawi were Coated Flat-Rolled Iron ($7.59M), Broadcasting Equipment ($1.94M), and Used Clothing ($949k). Over the past 5 years the exports of Hong Kong to Malawi have decreased at an annualized rate of 8.13%, from $60.5M in 2018 to $20.1M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Malawi exported $1.24M to Hong Kong. The main products exported from Malawi to Hong Kong were Raw Tobacco ($977k), Precious Stones ($231k), and Live Fish ($13.7k). During the last 5 years the exports of Malawi to Hong Kong have decreased at an annualized rate of 14%, from $2.63M in 2018 to $1.24M in 2023.

In 2018, Hong Kong exported $20.1M to Malawi. The main products exported from Hong Kong to Malawi were Coated Flat-Rolled Iron ($7.59M), Broadcasting Equipment ($1.94M), and Used Clothing ($949k). During the last 5 years the exports of Hong Kong to Malawi have decreased at an annualized rate of 8.13%, from $60.5M in 2023 to $20.1M in 2018.

Exports from Malawi () to Hong Kong () (2023)

Exports from Hong Kong () to Malawi () (2023)

Latest Data

Trade between Malawi () and Hong Kong ()

Malawi Exports

Date

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationGermany$99.1M

Hong Kong
Top DestinationChina$25.3B

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

In 2023, countries that imported more from Malawi than Hong Kong included Eritrea ($459).

In 2023, countries that imported more from Hong Kong than Malawi included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong () and Malawi () (2023)

Comparative Advantage Malawi - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Malawi had a large net trade with Hong Kong in the exports of Foodstuffs ($977k), Precious Metals ($231k), and Animal Products ($15.2k).

During 2018, Hong Kong had a large net trade with Malawi in the exports of Metals ($8.72M), Machines ($6.65M), and Textiles ($1.26M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Malawi Hong Kong+$101kPrecious Stones

Top Product Potential Hong Kong Malawi+$3.19MTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Malawi () to Hong Kong () (2023)

Exports from Hong Kong () to Malawi () (2023)

Latest Data

Trade between Malawi () and Hong Kong ()

Malawi Exports

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Malawi () (2023)

Comparative Advantage Malawi - Hong Kong

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Malawi () and Hong Kong () (2023)

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