2023
Flag  
GDP
$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 138 / 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 
$21,550CURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP PC GROWTH
-8.13%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC
$602CURRENT US$
Rnk 190 / 196
2013-2023
Flag
GDP PC GROWTH
21.2%CURRENT US$
Rnk 101 / 195

About

Oman-Malawi Trade: In 2023, Oman exported $18.6M to Malawi. The main products that Oman exported to Malawi were Nitrogenous Fertilizers ($12.8M), Ethylene Polymers ($3.24M), and Gypsum ($1.61M). Over the past 5 years the exports of Oman to Malawi have increased at an annualized rate of 62.8%, from $1.63M in 2018 to $18.6M in 2023.

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

Malawi-Oman In N/A, Malawi did not export any products to Oman.

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

Comparison In 2023,  Oman ranked 76 in the Economic Complexity Index (ECI -0.32),  and 48 in total exports ($70.5B). 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, Oman exported $18.6M to Malawi. The main products exported from Oman to Malawi were Nitrogenous Fertilizers ($12.8M), Ethylene Polymers ($3.24M), and Gypsum ($1.61M). During the last 5 years the exports of Oman to Malawi have increased at an annualized rate of 62.8%, from $1.63M in 2018 to $18.6M in 2023.

Malawi does not register exports to Oman. The main products exported from Malawi to Oman were Dried Legumes ($320k) and Letter Stock ($3).

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

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

Latest Data

Trade between Oman (Flag) and Malawi (Flag)

Oman Exports

Market Competitiveness

Color
Oman
Top Destination
China$30.2B
Malawi
Top Destination
Germany$99.1M

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

In 2023, countries that imported more from Oman than Malawi included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

In 2023, countries that imported more from Malawi than Oman included Zimbabwe ($52.4M), Rwanda ($18.8M), and Serbia ($7.37M).

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

Comparative Advantage Oman - Malawi

Flow
Scale

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

During 2023, Oman had a large net trade with Malawi in the exports of Chemical Products ($12.8M), Plastics and Rubbers ($4.09M), and Mineral Products ($1.61M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Malawi+$2.25kRefined Petroleum
Top Product Potential Malawi Oman+$3.39kGold

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

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

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