2023
Flag  
GDP
$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH
58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
 GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 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
$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195

About

Malawi-Singapore Trade: In 2023, Malawi exported $1.73M to Singapore. The main products that Malawi exported to Singapore were Dried Legumes ($1.38M), Frozen Vegetables ($178k), and Tea ($118k). Over the past 5 years the exports of Malawi to Singapore have decreased at an annualized rate of 30.8%, from $10.9M in 2018 to $1.73M in 2023.

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

Singapore-Malawi Trade: In 2023, Singapore exported $4.22M to Malawi. The main products that Singapore exported to Malawi were Other Printed Material ($677k), Refined Petroleum ($524k), and Paper Notebooks ($511k). Over the past 5 years the exports of Singapore to Malawi have increased at an annualized rate of 5.18%,  from $2.96M in 2018 to $4.22M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malawi exported $1.73M to Singapore. The main products exported from Malawi to Singapore were Dried Legumes ($1.38M), Frozen Vegetables ($178k), and Tea ($118k). During the last 5 years the exports of Malawi to Singapore have decreased at an annualized rate of 30.8%, from $10.9M in 2018 to $1.73M in 2023.

In 2018, Singapore exported $4.22M to Malawi. The main products exported from Singapore to Malawi were Other Printed Material ($677k), Refined Petroleum ($524k), and Paper Notebooks ($511k). During the last 5 years the exports of Singapore to Malawi have increased at an annualized rate of 5.18%, from $2.96M in 2023 to $4.22M in 2018.

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

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

Latest Data

Trade between Malawi (Flag) and Singapore (Flag)

Malawi Exports

Singapore Exports

Market Competitiveness

Color
Malawi
Top Destination
Germany$99.1M
Singapore
Top Destination
Hong Kong$44.5B

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

In 2023, countries that imported more from Malawi than Singapore included Rwanda ($18.8M), Lesotho ($2.46M), and Burundi ($1.14M).

In 2023, countries that imported more from Singapore than Malawi included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Malawi - Singapore

Flow
Scale

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

During 2023, Malawi had a large net trade with Singapore in the exports of Vegetable Products ($1.71M), Chemical Products ($11.6k), and Machines ($8.26k).

During 2018, Singapore had a large net trade with Malawi in the exports of Paper Goods ($1.19M), Chemical Products ($964k), and Mineral Products ($912k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Singapore+$731kDried Legumes
Top Product Potential Singapore Malawi+$295kTelephones

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

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

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