2023
Flag  
GDP
$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
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GDP GROWTH
58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
 GDP
$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 149 / 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
$13,106CURRENT US$
Rnk 77 / 196
2013-2023
Flag
GDP PC GROWTH
4.19%CURRENT US$
Rnk 147 / 195

About

Malawi-Turkey Trade: In 2023, Malawi exported $26.9M to Turkey. The main products that Malawi exported to Turkey were Raw Tobacco ($24.6M), Other Oily Seeds ($1.76M), and Tea ($436k). Over the past 5 years the exports of Malawi to Turkey have increased at an annualized rate of 12.3%, from $15.1M in 2018 to $26.9M in 2023.

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

Turkey-Malawi Trade: In 2023, Turkey exported $9.28M to Malawi. The main products that Turkey exported to Malawi were Iron Structures ($724k), Rock Wool ($466k), and Mill Machinery ($453k). Over the past 5 years the exports of Turkey to Malawi have decreased at an annualized rate of 2.32%,  from $12M in 2018 to $9.28M in 2023.

In 2023, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malawi exported $26.9M to Turkey. The main products exported from Malawi to Turkey were Raw Tobacco ($24.6M), Other Oily Seeds ($1.76M), and Tea ($436k). During the last 5 years the exports of Malawi to Turkey have increased at an annualized rate of 12.3%, from $15.1M in 2018 to $26.9M in 2023.

In 2018, Turkey exported $9.28M to Malawi. The main products exported from Turkey to Malawi were Iron Structures ($724k), Rock Wool ($466k), and Mill Machinery ($453k). During the last 5 years the exports of Turkey to Malawi have decreased at an annualized rate of 2.32%, from $12M in 2023 to $9.28M in 2018.

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

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

Latest Data

Trade between Malawi (Flag) and Turkey (Flag)

Malawi Exports

Turkey Exports

Market Competitiveness

Color
Malawi
Top Destination
Germany$99.1M
Turkey
Top Destination
Germany$24.7B

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

In 2023, countries that imported more from Malawi than Turkey included Zimbabwe ($52.4M) and Lesotho ($2.46M).

In 2023, countries that imported more from Turkey than Malawi included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

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

Comparative Advantage Malawi - Turkey

Flow
Scale

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

During 2023, Malawi had a large net trade with Turkey in the exports of Foodstuffs ($24.6M), Vegetable Products ($2.28M), and Machines ($3.05k).

During 2018, Turkey had a large net trade with Malawi in the exports of Metals ($2.65M), Machines ($1.76M), and Chemical Products ($1.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Turkey+$2.76MRaw Tobacco
Top Product Potential Turkey Malawi+$424kPackaged Medicaments

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

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

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