2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
Flag
 GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
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2022
Flag
GDP PC
$645CURRENT US$
Rnk 178 / 186
2012-2022
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GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186

About

Philippines-Malawi Trade: In 2022, Philippines exported $226k to Malawi. The main products that Philippines exported to Malawi were Used Clothing ($127k), Trunks and Cases ($32.3k), and Office Machine Parts ($28.1k). Over the past 5 years the exports of Philippines to Malawi have decreased at an annualized rate of 27.7%, from $1.14M in 2017 to $226k in 2022.

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

Malawi-Philippines Trade: In 2022, Malawi exported $3.43M to Philippines. The main products that Malawi exported to Philippines were Raw Tobacco ($3.32M), Soybeans ($63.9k), and Coated Metal Soldering Products ($41.1k). Over the past 5 years the exports of Malawi to Philippines have increased at an annualized rate of 3.4%,  from $2.9M in 2017 to $3.43M in 2022.

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

Comparison In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71),  and 40 in total exports ($110B). That same year, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Philippines exported $226k to Malawi. The main products exported from Philippines to Malawi were Used Clothing ($127k), Trunks and Cases ($32.3k), and Office Machine Parts ($28.1k). During the last 5 years the exports of Philippines to Malawi have decreased at an annualized rate of 27.7%, from $1.14M in 2017 to $226k in 2022.

In 2017, Malawi exported $3.43M to Philippines. The main products exported from Malawi to Philippines were Raw Tobacco ($3.32M), Soybeans ($63.9k), and Coated Metal Soldering Products ($41.1k). During the last 5 years the exports of Malawi to Philippines have increased at an annualized rate of 3.4%, from $2.9M in 2022 to $3.43M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Malawi
Top Destination
United Arab Emirates$255M

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

In 2022, countries that imported more from Philippines than Malawi included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Malawi than Philippines included Tanzania ($72.8M), Kenya ($58.8M), and Zimbabwe ($45M).

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

Comparative Advantage Philippines - Malawi

Flow
Scale

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

During 2022, Philippines had a large net trade with Malawi in the exports of Textiles ($134k), Machines ($52.7k), and Animal Hides ($32.3k).

During 2017, Malawi had a large net trade with Philippines in the exports of Foodstuffs ($3.32M), Vegetable Products ($67.8k), and Metals ($41.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Malawi+$3.11kGold
Top Product Potential Malawi Philippines+$3.46kRaw 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

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

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

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