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Pricing

2020
Flag → Flag
Exports $1.52MRnk 148 / 0
2020
Flag → Flag
Exports $22.6kRnk 116 / 127
2020
Flag → Flag
Top Product $14.3kCarbonates
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH14.6%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Malawi-Iran Trade: In 2020, Malawi exported $1.52M to Iran. The main products that Malawi exported to Iran were N/A. Over the past 8 years the exports of Malawi to Iran have decreased at an annualized rate of 5.82%, from $2.46M in 2012 to $1.52M in 2020.

In 2020, Malawi did not export any services to Iran.

Iran-Malawi Trade: In 2020, Iran exported $22.6k to Malawi. The main products that Iran exported to Malawi were Carbonates ($14.3k), Computers ($4.81k), and Chemical Analysis Instruments ($2.67k). Over the past 8 years the exports of Iran to Malawi have decreased at an annualized rate of 23.6%,  from $195k in 2012 to $22.6k in 2020.

In 2020, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Malawi exported $1.52M to Iran. There were not main exports from Malawi to Iran in 2020. During the last 8 years the exports of Malawi to Iran have decreased at an annualized rate of 5.82%, from $2.46M in 2012 to $1.52M in 2020.

In 2017, Iran exported $22.6k to Malawi. The main products exported from Iran to Malawi were Carbonates ($14.3k), Computers ($4.81k), and Chemical Analysis Instruments ($2.67k). During the last 5 years the exports of Iran to Malawi have decreased at an annualized rate of 23.6%, from $195k in 2022 to $22.6k in 2017.

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

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

Market Competitiveness

Color
Malawi
Top DestinationUnited Arab Emirates$255M
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Malawi than Iran included Belgium ($143M), Tanzania ($72.8M), and South Africa ($56.2M).

In 2022, countries that imported more from Iran than Malawi included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Malawi - Iran

Flow
Scale

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

During 2020, Malawi had a large net trade with Iran in the exports of .

During 2017, Iran had a large net trade with Malawi in the exports of Chemical Products ($14.3k), Machines ($4.81k), and Instruments ($2.67k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Iran+$3.2kRaw Tobacco
Top Product Potential Iran Malawi+$2.42kEthylene Polymers

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

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

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