2022
Flag  
GDP
$40.8BCURRENT US$
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2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
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2022
Flag
 GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
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2022
Flag
GDP PC 
$1,337CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
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2022
Flag
GDP PC
$645CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
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About

Nepal-Malawi Trade: In 2022, Nepal exported $95 to Malawi. The main products that Nepal exported to Malawi were Textile Scraps ($95). Over the past 8 years the exports of Nepal to Malawi have decreased at an annualized rate of 47.5%, from $16.4k in 2014 to $95 in 2022.

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

Malawi-Nepal Trade: In 2022, Malawi exported $393k to Nepal. The main products that Malawi exported to Nepal were Dried Legumes ($387k), Other Furniture ($2.07k), and Used Clothing ($1.86k). Over the past 8 years the exports of Malawi to Nepal have decreased at an annualized rate of 29.2%,  from $2.2M in 2014 to $393k in 2022.

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

Comparison In 2022,  Nepal ranked 153 in total exports ($1.43B). That same year, Malawi ranked 157 in total exports ($1.19B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nepal exported $95 to Malawi. The main products exported from Nepal to Malawi were Textile Scraps ($95). During the last 8 years the exports of Nepal to Malawi have decreased at an annualized rate of 47.5%, from $16.4k in 2014 to $95 in 2022.

In 2017, Malawi exported $393k to Nepal. The main products exported from Malawi to Nepal were Dried Legumes ($387k), Other Furniture ($2.07k), and Used Clothing ($1.86k). During the last 5 years the exports of Malawi to Nepal have decreased at an annualized rate of 29.2%, from $2.2M in 2022 to $393k in 2017.

Exports from Nepal (Flag) to Malawi (Flag) (2022)

Exports from Malawi (Flag) to Nepal (Flag) (2022)

Market Competitiveness

Color
Nepal
Top Destination
India$956M
Malawi
Top Destination
United Arab Emirates$255M

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

In 2022, countries that imported more from Nepal than Malawi included India ($956M), United States ($152M), and Singapore ($25.5M).

In 2022, countries that imported more from Malawi than Nepal included United Arab Emirates ($255M), Belgium ($143M), and Tanzania ($72.8M).

Difference in imports from Malawi (Flag) and Nepal (Flag) (2022)

Comparative Advantage Nepal - Malawi

Flow
Scale

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

During 2022, Nepal had a large net trade with Malawi in the exports of Textiles ($95).

During 2017, Malawi had a large net trade with Nepal in the exports of Vegetable Products ($387k), Miscellaneous ($2.07k), and Textiles ($1.86k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Malawi+$1.5kCoated Flat-Rolled Iron
Top Product Potential Malawi Nepal+$295kDried Legumes

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

Product Space of Nepal (Flag) and Malawi (Flag) (2022)

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