Malawi (MWI) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Malawi-Vietnam Trade: In 2022, Malawi exported $1.72M to Vietnam. The main products that Malawi exported to Vietnam were Other Nuts ($902k), Raw Tobacco ($474k), and Raw Cotton ($290k). Over the past 5 years the exports of Malawi to Vietnam have increased at an annualized rate of 1.07%, from $1.63M in 2017 to $1.72M in 2022.

In 2022, Malawi did not export any services to Vietnam.

Vietnam-Malawi Trade: In 2022, Vietnam exported $1.45M to Malawi. The main products that Vietnam exported to Malawi were Vinyl Chloride Polymers ($275k), Computers ($234k), and Other Coloring Matter ($201k). Over the past 5 years the exports of Vietnam to Malawi have decreased at an annualized rate of 23.5%, from $5.52M in 2017 to $1.45M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malawi exported $1.72M to Vietnam. The main products exported from Malawi to Vietnam were Other Nuts ($902k), Raw Tobacco ($474k), and Raw Cotton ($290k). During the last 5 years the exports of Malawi to Vietnam have increased at an annualized rate of 1.07%, from $1.63M in 2017 to $1.72M in 2022.

In 2017, Vietnam exported $1.45M to Malawi. The main products exported from Vietnam to Malawi were Vinyl Chloride Polymers ($275k), Computers ($234k), and Other Coloring Matter ($201k). During the last 5 years the exports of Vietnam to Malawi have decreased at an annualized rate of 23.5%, from $5.52M in 2022 to $1.45M in 2017.

Exports from Malawi () to Vietnam () (2022)

Exports from Vietnam () to Malawi () (2022)

Latest Data

Trade between Malawi () and Vietnam ()

Malawi Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationUnited Arab Emirates$255M

Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Malawi than Vietnam included Zimbabwe ($45M), Zambia ($40.8M), and Uganda ($4.94M).

In 2022, countries that imported more from Vietnam than Malawi included United States ($117B), China ($58.7B), and South Korea ($25.2B).

Difference in imports from Vietnam () and Malawi () (2022)

Comparative Advantage Malawi - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malawi had a large net trade with Vietnam in the exports of Vegetable Products ($952k), Foodstuffs ($474k), and Textiles ($291k).

During 2017, Vietnam had a large net trade with Malawi in the exports of Plastics and Rubbers ($441k), Machines ($332k), and Chemical Products ($275k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Malawi Vietnam+$3.52kRaw Tobacco

Top Product Potential Vietnam Malawi+$4.7kTelephones

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

Year

This visualization shows the product space at the HS4 level with the flags of Malawi and Vietnam. This means that a dot/product with the flag of Malawi indicates it has a comparative advantage over Vietnam. Similarly, a dot/product with the flag of Vietnam indicates it has a comparative advantage over Malawi.

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Historical Data

Bilateral Trade by Products

Exports from Malawi () to Vietnam () (2022)

Exports from Vietnam () to Malawi () (2022)

Latest Data

Trade between Malawi () and Vietnam ()

Malawi Exports

Market Competitiveness

Difference in imports from Vietnam () and Malawi () (2022)

Comparative Advantage Malawi - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Malawi () and Vietnam () (2022)

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