2022
Flag  
GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Malawi-Hong Kong Trade: In 2022, Malawi exported $334k to Hong Kong. The main products that Malawi exported to Hong Kong were Raw Tobacco ($174k), Other Nuts ($112k), and Precious Stones ($31.4k). Over the past 5 years the exports of Malawi to Hong Kong have decreased at an annualized rate of 29.3%, from $1.89M in 2017 to $334k in 2022.

In 2022, Malawi did not export any services to Hong Kong.

Hong Kong-Malawi Trade: In 2022, Hong Kong exported $9.83M to Malawi. The main products that Hong Kong exported to Malawi were Broadcasting Equipment ($3.08M), Coated Flat-Rolled Iron ($1.08M), and Medical Instruments ($923k). Over the past 5 years the exports of Hong Kong to Malawi have decreased at an annualized rate of 16.4%,  from $24M in 2017 to $9.83M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malawi exported $334k to Hong Kong. The main products exported from Malawi to Hong Kong were Raw Tobacco ($174k), Other Nuts ($112k), and Precious Stones ($31.4k). During the last 5 years the exports of Malawi to Hong Kong have decreased at an annualized rate of 29.3%, from $1.89M in 2017 to $334k in 2022.

In 2017, Hong Kong exported $9.83M to Malawi. The main products exported from Hong Kong to Malawi were Broadcasting Equipment ($3.08M), Coated Flat-Rolled Iron ($1.08M), and Medical Instruments ($923k). During the last 5 years the exports of Hong Kong to Malawi have decreased at an annualized rate of 16.4%, from $24M in 2022 to $9.83M in 2017.

Exports from Malawi (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Malawi (Flag) (2022)

Latest Data

Trade between Malawi (Flag) and Hong Kong (Flag)

Malawi Exports

Hong Kong Exports

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
Hong Kong
Top Destination
China$23.4B

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 2022, countries that imported more from Malawi than Hong Kong included Tanzania ($72.8M), Dominica ($2.76M), and Eritrea ($578k).

In 2022, countries that imported more from Hong Kong than Malawi included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Malawi (Flag) (2022)

Comparative Advantage Malawi - Hong Kong

Flow
Scale

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

During 2022, Malawi had a large net trade with Hong Kong in the exports of Foodstuffs ($174k), Vegetable Products ($112k), and Precious Metals ($31.4k).

During 2017, Hong Kong had a large net trade with Malawi in the exports of Machines ($5.11M), Metals ($1.2M), and Instruments ($1.12M).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Malawi (Flag) and Hong Kong (Flag) (2022)

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