2023
Flag  
GDP
$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH
58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
 GDP
$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH
80.3%CURRENT US$
Rnk 31 / 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
$1,010CURRENT US$
Rnk 176 / 196
2013-2023
Flag
GDP PC GROWTH
43.3%CURRENT US$
Rnk 55 / 195

About

Malawi-Rwanda Trade: In 2023, Malawi exported $18.8M to Rwanda. The main products that Malawi exported to Rwanda were Raw Sugar ($12.6M), Scrap Iron ($2.37M), and Dried Legumes ($1.91M). Over the past 5 years the exports of Malawi to Rwanda have increased at an annualized rate of 37.1%, from $3.89M in 2018 to $18.8M in 2023.

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

Rwanda-Malawi Trade: In 2023, Rwanda exported $983k to Malawi. The main products that Rwanda exported to Malawi were Light Fixtures ($833k), Other Electrical Machinery ($81k), and Forging Machines ($30.7k). Over the past 5 years the exports of Rwanda to Malawi have increased at an annualized rate of 42.4%,  from $168k in 2018 to $983k in 2023.

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

Comparison In 2023,  Malawi ranked 163 in total exports ($922M). That same year, Rwanda ranked 154 in total exports ($1.35B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malawi exported $18.8M to Rwanda. The main products exported from Malawi to Rwanda were Raw Sugar ($12.6M), Scrap Iron ($2.37M), and Dried Legumes ($1.91M). During the last 5 years the exports of Malawi to Rwanda have increased at an annualized rate of 37.1%, from $3.89M in 2018 to $18.8M in 2023.

In 2018, Rwanda exported $983k to Malawi. The main products exported from Rwanda to Malawi were Light Fixtures ($833k), Other Electrical Machinery ($81k), and Forging Machines ($30.7k). During the last 5 years the exports of Rwanda to Malawi have increased at an annualized rate of 42.4%, from $168k in 2023 to $983k in 2018.

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

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

Latest Data

Trade between Malawi (Flag) and Rwanda (Flag)

Malawi Exports

Rwanda Exports

Market Competitiveness

Color
Malawi
Top Destination
Germany$99.1M
Rwanda
Top Destination
United Arab Emirates$895M

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

In 2023, countries that imported more from Malawi than Rwanda included Germany ($99.1M), Zimbabwe ($52.4M), and India ($67.2M).

In 2023, countries that imported more from Rwanda than Malawi included United Arab Emirates ($895M), China ($131M), and Thailand ($31.5M).

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

Comparative Advantage Malawi - Rwanda

Flow
Scale

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

During 2023, Malawi had a large net trade with Rwanda in the exports of Foodstuffs ($13.2M), Vegetable Products ($3.02M), and Metals ($2.47M).

During 2018, Rwanda had a large net trade with Malawi in the exports of Miscellaneous ($833k), Machines ($131k), and Textiles ($6.56k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Rwanda+$1.75kGold
Top Product Potential Rwanda Malawi+$2.25kGold

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

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

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