2023
Flag  
GDP
$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH
58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
 GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 195
2023
Flag
GDP PC 
$602CURRENT US$
Rnk 190 / 195
2013-2023
Flag
GDP PC GROWTH
21.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC
$21,550CURRENT US$
Rnk 62 / 196
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195

About

Malawi-Oman Trade: In 2023, Malawi exported $320k to Oman. The main products that Malawi exported to Oman were Dried Legumes ($320k) and Letter Stock ($3). Over the past 6 years the exports of Malawi to Oman have increased at an annualized rate of 46%, from $33.1k in 2017 to $320k in 2023.

In 2023, Malawi did not export any services to Oman.

Oman-Malawi Trade: In 2023, Oman exported $18.6M to Malawi. The main products that Oman exported to Malawi were Nitrogenous Fertilizers ($12.8M), Ethylene Polymers ($3.24M), and Gypsum ($1.61M). Over the past 6 years the exports of Oman to Malawi have increased at an annualized rate of 62.8%,  from $1.63M in 2017 to $18.6M in 2023.

In 2023, Oman did not export any services to Malawi.

Comparison In 2023,  Malawi ranked 163 in total exports ($922M), and does not have data regarding Economic Complexity Index. That same year, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malawi exported $320k to Oman. The main products exported from Malawi to Oman were Dried Legumes ($320k) and Letter Stock ($3). During the last 6 years the exports of Malawi to Oman have increased at an annualized rate of 46%, from $33.1k in 2017 to $320k in 2023.

In 2018, Oman exported $18.6M to Malawi. The main products exported from Oman to Malawi were Nitrogenous Fertilizers ($12.8M), Ethylene Polymers ($3.24M), and Gypsum ($1.61M). During the last 5 years the exports of Oman to Malawi have increased at an annualized rate of 62.8%, from $1.63M in 2023 to $18.6M in 2018.

Exports from Malawi (Flag) to Oman (Flag) (2023)

Exports from Oman (Flag) to Malawi (Flag) (2023)

Latest Data

Trade between Malawi (Flag) and Oman (Flag)

Oman Exports

Market Competitiveness

Color
Malawi
Top Destination
Germany$99.1M
Oman
Top Destination
China$30.2B

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

In 2023, countries that imported more from Malawi than Oman included Zimbabwe ($52.4M), Rwanda ($18.8M), and Serbia ($7.37M).

In 2023, countries that imported more from Oman than Malawi included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

Difference in imports from Oman (Flag) and Malawi (Flag) (2023)

Comparative Advantage Malawi - Oman

Flow
Scale

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

During 2023, Malawi had a large net trade with Oman in the exports of Vegetable Products ($320k) and Paper Goods ($3).

During 2018, Oman had a large net trade with Malawi in the exports of Chemical Products ($12.8M), Plastics and Rubbers ($4.09M), and Mineral Products ($1.61M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Oman+$3.39kGold
Top Product Potential Oman Malawi+$2.25kRefined Petroleum

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

Product Space of Malawi (Flag) and Oman (Flag) (2023)

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