2023
Flag  
GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 195
2023
Flag
 GDP
$12.7BCURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP GROWTH
58.3%CURRENT US$
Rnk 58 / 195
2023
Flag
GDP PC 
$48,281CURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC
$602CURRENT US$
Rnk 190 / 196
2013-2023
Flag
GDP PC GROWTH
21.2%CURRENT US$
Rnk 101 / 195

About

New Zealand-Malawi Trade: In 2023, New Zealand exported $155k to Malawi. The main products that New Zealand exported to Malawi were Malt Extract ($123k), Sawn Wood ($9.3k), and Other Iron Products ($5.38k). Over the past 5 years the exports of New Zealand to Malawi have decreased at an annualized rate of 30%, from $926k in 2018 to $155k in 2023.

In 2023, New Zealand did not export any services to Malawi.

Malawi-New Zealand Trade: In 2023, Malawi exported $52.2k to New Zealand. The main products that Malawi exported to New Zealand were Dried Legumes ($40.8k), Medical Instruments ($6.67k), and Office Machine Parts ($2.44k). Over the past 5 years the exports of Malawi to New Zealand have decreased at an annualized rate of 32.7%,  from $379k in 2018 to $52.2k in 2023.

In 2023, Malawi did not export any services to New Zealand.

Comparison In 2023,  New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48),  and 61 in total exports ($44.5B). 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
Value

In 2023, New Zealand exported $155k to Malawi. The main products exported from New Zealand to Malawi were Malt Extract ($123k), Sawn Wood ($9.3k), and Other Iron Products ($5.38k). During the last 5 years the exports of New Zealand to Malawi have decreased at an annualized rate of 30%, from $926k in 2018 to $155k in 2023.

In 2018, Malawi exported $52.2k to New Zealand. The main products exported from Malawi to New Zealand were Dried Legumes ($40.8k), Medical Instruments ($6.67k), and Office Machine Parts ($2.44k). During the last 5 years the exports of Malawi to New Zealand have decreased at an annualized rate of 32.7%, from $379k in 2023 to $52.2k in 2018.

Exports from New Zealand (Flag) to Malawi (Flag) (2023)

Exports from Malawi (Flag) to New Zealand (Flag) (2023)

Latest Data

Trade between New Zealand (Flag) and Malawi (Flag)

New Zealand Exports

Malawi Exports

Date

Market Competitiveness

Color
New Zealand
Top Destination
China$12.3B
Malawi
Top Destination
Germany$99.1M

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

In 2023, countries that imported more from New Zealand than Malawi included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

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

Difference in imports from Malawi (Flag) and New Zealand (Flag) (2023)

Comparative Advantage New Zealand - Malawi

Flow
Scale

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

During 2023, New Zealand had a large net trade with Malawi in the exports of Foodstuffs ($123k), Machines ($11.4k), and Wood Products ($9.3k).

During 2018, Malawi had a large net trade with New Zealand in the exports of Vegetable Products ($40.8k), Instruments ($6.67k), and Machines ($2.77k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential New Zealand Malawi+$23.7kTherapeutic Appliances
Top Product Potential Malawi New Zealand+$28.3kComputers

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

Product Space of New Zealand (Flag) and Malawi (Flag) (2023)

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