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Pricing

2022
Flag → Flag
Exports $8.43kRnk 115 / 139
2022
Flag → Flag
Top Product $8.39kPrecious Stones
2022
Flag → Flag
Exports $627kRnk 151 / 194
2022
Flag → Flag
Top Product $518kPaper Containers
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 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$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Malawi-Sri Lanka Trade: In 2022, Malawi exported $8.43k to Sri Lanka. The main products that Malawi exported to Sri Lanka were Precious Stones ($8.39k), Tea ($41), and Paper Containers ($2). Over the past 5 years the exports of Malawi to Sri Lanka have decreased at an annualized rate of 70.8%, from $4M in 2017 to $8.43k in 2022.

In 2022, Malawi did not export any services to Sri Lanka.

Sri Lanka-Malawi Trade: In 2022, Sri Lanka exported $627k to Malawi. The main products that Sri Lanka exported to Malawi were Paper Containers ($518k), Rubber Tires ($68.6k), and Stone Processing Machines ($20.9k). Over the past 5 years the exports of Sri Lanka to Malawi have increased at an annualized rate of 6.2%,  from $464k in 2017 to $627k in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malawi exported $8.43k to Sri Lanka. The main products exported from Malawi to Sri Lanka were Precious Stones ($8.39k), Tea ($41), and Paper Containers ($2). During the last 5 years the exports of Malawi to Sri Lanka have decreased at an annualized rate of 70.8%, from $4M in 2017 to $8.43k in 2022.

In 2017, Sri Lanka exported $627k to Malawi. The main products exported from Sri Lanka to Malawi were Paper Containers ($518k), Rubber Tires ($68.6k), and Stone Processing Machines ($20.9k). During the last 5 years the exports of Sri Lanka to Malawi have increased at an annualized rate of 6.2%, from $464k in 2022 to $627k in 2017.

Exports from Malawi (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Malawi (Flag) (2022)

Latest Data

Trade between Malawi (Flag) and Sri Lanka (Flag)

Malawi Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Malawi
Top DestinationUnited Arab Emirates$255M
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Malawi than Sri Lanka included Tanzania ($72.8M), Zimbabwe ($45M), and Zambia ($40.8M).

In 2022, countries that imported more from Sri Lanka than Malawi included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka (Flag) and Malawi (Flag) (2022)

Comparative Advantage Malawi - Sri Lanka

Flow
Scale

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

During 2022, Malawi had a large net trade with Sri Lanka in the exports of Precious Metals ($8.39k), Vegetable Products ($41), and Paper Goods ($2).

During 2017, Sri Lanka had a large net trade with Malawi in the exports of Paper Goods ($518k), Plastics and Rubbers ($69.8k), and Machines ($30.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Sri Lanka+$3.01kGold
Top Product Potential Sri Lanka Malawi+$1.5kRubber Tires

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

Product Space of Malawi (Flag) and Sri Lanka (Flag) (2022)

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