2022
Flag  
GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Malawi-Italy Trade: In 2022, Malawi exported $8.94M to Italy. The main products that Malawi exported to Italy were Raw Tobacco ($6.38M), Other Hides and Skins ($1.31M), and Raw Sugar ($860k). Over the past 5 years the exports of Malawi to Italy have decreased at an annualized rate of 13.6%, from $18.5M in 2017 to $8.94M in 2022.

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

Italy-Malawi Trade: In 2022, Italy exported $11.7M to Malawi. The main products that Italy exported to Malawi were Paper Containers ($4.63M), Used Clothing ($1.49M), and Industrial Food Preperation Machinery ($810k). Over the past 5 years the exports of Italy to Malawi have decreased at an annualized rate of 11.1%,  from $21.1M in 2017 to $11.7M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malawi exported $8.94M to Italy. The main products exported from Malawi to Italy were Raw Tobacco ($6.38M), Other Hides and Skins ($1.31M), and Raw Sugar ($860k). During the last 5 years the exports of Malawi to Italy have decreased at an annualized rate of 13.6%, from $18.5M in 2017 to $8.94M in 2022.

In 2017, Italy exported $11.7M to Malawi. The main products exported from Italy to Malawi were Paper Containers ($4.63M), Used Clothing ($1.49M), and Industrial Food Preperation Machinery ($810k). During the last 5 years the exports of Italy to Malawi have decreased at an annualized rate of 11.1%, from $21.1M in 2022 to $11.7M in 2017.

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

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

Latest Data

Trade between Malawi (Flag) and Italy (Flag)

Malawi Exports

Italy Exports

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
Italy
Top Destination
Germany$78.5B

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

In 2022, countries that imported more from Malawi than Italy included Zimbabwe ($45M).

In 2022, countries that imported more from Italy than Malawi included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

Comparative Advantage Malawi - Italy

Flow
Scale

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

During 2022, Malawi had a large net trade with Italy in the exports of Foodstuffs ($7.24M), Animal Hides ($1.31M), and Vegetable Products ($301k).

During 2017, Italy had a large net trade with Malawi in the exports of Paper Goods ($4.91M), Machines ($3.68M), and Textiles ($1.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Italy+$2.91MRaw Tobacco
Top Product Potential Italy Malawi+$484kVaccines, blood, antisera, toxins and cultures

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

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

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