Nigeria (NGA) and Malawi (MWI) Trade | The Observatory of Economic Complexity

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Nigeria-Malawi Trade: In 2023, Nigeria exported $325k to Malawi. The main products that Nigeria exported to Malawi were Engine Parts ($163k), Other Rubber Products ($36.7k), and Liquid Pumps ($17.6k). Over the past 5 years the exports of Nigeria to Malawi have increased at an annualized rate of 13.8%, from $170k in 2018 to $325k in 2023.

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

Malawi-Nigeria Trade: In 2023, Malawi exported $532k to Nigeria. The main products that Malawi exported to Nigeria were Raw Tobacco ($225k), Soldering and Welding Machinery ($222k), and Tanned Goat Hides ($40.5k). Over the past 5 years the exports of Malawi to Nigeria have decreased at an annualized rate of 4.04%, from $654k in 2018 to $532k in 2023.

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

Comparison In 2023, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B). That same year, Malawi ranked 163 in total exports ($922M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nigeria exported $325k to Malawi. The main products exported from Nigeria to Malawi were Engine Parts ($163k), Other Rubber Products ($36.7k), and Liquid Pumps ($17.6k). During the last 5 years the exports of Nigeria to Malawi have increased at an annualized rate of 13.8%, from $170k in 2018 to $325k in 2023.

In 2018, Malawi exported $532k to Nigeria. The main products exported from Malawi to Nigeria were Raw Tobacco ($225k), Soldering and Welding Machinery ($222k), and Tanned Goat Hides ($40.5k). During the last 5 years the exports of Malawi to Nigeria have decreased at an annualized rate of 4.04%, from $654k in 2023 to $532k in 2018.

Exports from Nigeria () to Malawi () (2023)

Exports from Malawi () to Nigeria () (2023)

Latest Data

Trade between Nigeria () and Malawi ()

Malawi Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationUnited States$6.29B

Malawi
Top DestinationGermany$99.1M

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

In 2023, countries that imported more from Nigeria than Malawi included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

In 2023, countries that imported more from Malawi than Nigeria included Zimbabwe ($52.4M), Tanzania ($38.2M), and Zambia ($34.5M).

Difference in imports from Malawi () and Nigeria () (2023)

Comparative Advantage Nigeria - Malawi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nigeria had a large net trade with Malawi in the exports of Machines ($211k), Plastics and Rubbers ($55.7k), and Footwear and Headwear ($13.2k).

During 2018, Malawi had a large net trade with Nigeria in the exports of Machines ($227k), Foodstuffs ($225k), and Animal Hides ($40.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nigeria Malawi+$2.65kPetroleum Gas

Top Product Potential Malawi Nigeria+$304kRaw Tobacco

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

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Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Malawi () (2023)

Exports from Malawi () to Nigeria () (2023)

Latest Data

Trade between Nigeria () and Malawi ()

Malawi Exports

Market Competitiveness

Difference in imports from Malawi () and Nigeria () (2023)

Comparative Advantage Nigeria - Malawi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nigeria () and Malawi () (2023)

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