2022
Flag  
GDP
$13.2BCURRENT US$
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2012-2022
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GDP GROWTH
50.1%CURRENT US$
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2022
Flag
 GDP
$179BCURRENT US$
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2012-2022
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GDP GROWTH
38.8%CURRENT US$
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2022
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GDP PC 
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC
$18,463CURRENT US$
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2012-2022
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GDP PC GROWTH
42.2%CURRENT US$
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About

Malawi-Hungary Trade: In 2022, Malawi exported $418k to Hungary. The main products that Malawi exported to Hungary were Raw Tobacco ($347k), Broadcasting Equipment ($67.2k), and Air Pumps ($1.35k). Over the past 5 years the exports of Malawi to Hungary have increased at an annualized rate of 1.84%, from $382k in 2017 to $418k in 2022.

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

Hungary-Malawi Trade: In 2022, Hungary exported $747k to Malawi. The main products that Hungary exported to Malawi were Office Machine Parts ($397k), Broadcasting Equipment ($213k), and Garden Tools ($49.7k). Over the past 5 years the exports of Hungary to Malawi have decreased at an annualized rate of 7%,  from $1.07M in 2017 to $747k in 2022.

In 2022, Hungary 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malawi exported $418k to Hungary. The main products exported from Malawi to Hungary were Raw Tobacco ($347k), Broadcasting Equipment ($67.2k), and Air Pumps ($1.35k). During the last 5 years the exports of Malawi to Hungary have increased at an annualized rate of 1.84%, from $382k in 2017 to $418k in 2022.

In 2017, Hungary exported $747k to Malawi. The main products exported from Hungary to Malawi were Office Machine Parts ($397k), Broadcasting Equipment ($213k), and Garden Tools ($49.7k). During the last 5 years the exports of Hungary to Malawi have decreased at an annualized rate of 7%, from $1.07M in 2022 to $747k in 2017.

Exports from Malawi (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to Malawi (Flag) (2022)

Latest Data

Trade between Malawi (Flag) and Hungary (Flag)

Malawi Exports

Hungary Exports

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
Hungary
Top Destination
Germany$35.5B

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

In 2022, countries that imported more from Malawi than Hungary included Tanzania ($72.8M), Kenya ($58.8M), and Zimbabwe ($45M).

In 2022, countries that imported more from Hungary than Malawi included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

Difference in imports from Hungary (Flag) and Malawi (Flag) (2022)

Comparative Advantage Malawi - Hungary

Flow
Scale

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

During 2022, Malawi had a large net trade with Hungary in the exports of Foodstuffs ($347k) and Machines ($71.6k).

During 2017, Hungary had a large net trade with Malawi in the exports of Machines ($643k), Metals ($52.5k), and Textiles ($31.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Hungary+$458kRaw Tobacco
Top Product Potential Hungary Malawi+$480kComputers

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

Product Space of Malawi (Flag) and Hungary (Flag) (2022)

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