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Pricing

2022
Flag → Flag
Exports $3.48MRnk 116 / 138
2022
Flag → Flag
Top Product $1.75MNitrogenous Fertilizers
2022
Flag → Flag
Exports $2.87MRnk 42 / 139
2022
Flag → Flag
Top Product $2.02MRaw Tobacco
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH14.6%CURRENT US$
Rnk 98 / 186

About

Russia-Malawi Trade: In 2022, Russia exported $3.48M to Malawi. The main products that Russia exported to Malawi were Nitrogenous Fertilizers ($1.75M), Mixed Mineral or Chemical Fertilizers ($1.42M), and Ethylene Polymers ($255k). Over the past 5 years the exports of Russia to Malawi have decreased at an annualized rate of 29.5%, from $19.9M in 2017 to $3.48M in 2022.

In 2020, Russia exported services to Malawi worth $28k, with Financial services ($20k) and Transportation ($8k) being the largest in terms of value.

Malawi-Russia Trade: In 2022, Malawi exported $2.87M to Russia. The main products that Malawi exported to Russia were Raw Tobacco ($2.02M), Tea ($855k), and Pumice ($206). Over the past 5 years the exports of Malawi to Russia have decreased at an annualized rate of 36.9%,  from $28.7M in 2017 to $2.87M in 2022.

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

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). That same year, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $415k and imported $3.17M from Malawi, resulting in a negative trade balance of $2.75M. Between January 2021 and January 2022 the exports of Russia have increased by $412k (14.9k%) from $2.76k to $415k, while imports increased by $207k (6.99%) from $2.96M to $3.17M.

Trade In January 2022, the top exports of Russia to Malawi were Other Plastic Products ($2.16k), Centrifuges ($428), Iron Pipe Fittings ($92), and Other Rubber Products ($82). In January 2022 the top imports of Russia from Malawi were Raw Tobacco ($2.96M) and Low-voltage Protection Equipment ($74.4).

Origins In January 2022 the exports of Russia were mainly from ROSTOV REGION ($415k), while imports destinations were mainly ST. PETERSBURG ($1.94M), LENINGRAD REGION ($952k), ROSTOV REGION ($176k), KOSTROMA REGION ($55.2k), and MOSCOW REGION ($40.5k).

Growth In January 2022, the increase in Russia's year-by-year exports to Malawi was explained primarily by an increase in product exports in . In January 2022, the increase in Russia's year-by-year imports  from Malawi was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$412k(14.9k%)
IMPORT GROWTH (January 2021 - January 2022)$207k(6.99%)
MAIN EXPORTER (January 2022)ROSTOV REGION$415k

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Malawi and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Malawi and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $3.48M to Malawi. The main products exported from Russia to Malawi were Nitrogenous Fertilizers ($1.75M), Mixed Mineral or Chemical Fertilizers ($1.42M), and Ethylene Polymers ($255k). During the last 5 years the exports of Russia to Malawi have decreased at an annualized rate of 29.5%, from $19.9M in 2017 to $3.48M in 2022.

In 2017, Malawi exported $2.87M to Russia. The main products exported from Malawi to Russia were Raw Tobacco ($2.02M), Tea ($855k), and Pumice ($206). During the last 5 years the exports of Malawi to Russia have decreased at an annualized rate of 36.9%, from $28.7M in 2022 to $2.87M in 2017.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Malawi
Top DestinationUnited Arab Emirates$255M

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

In 2022, countries that imported more from Russia than Malawi included China ($101B), India ($40.4B), and Germany ($27.7B).

In 2022, countries that imported more from Malawi than Russia included Zambia ($40.8M), Zimbabwe ($45M), and Uganda ($4.94M).

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

Comparative Advantage Russia - Malawi

Flow
Scale

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

During 2022, Russia had a large net trade with Malawi in the exports of N/A.

During 2017, Malawi had a large net trade with Russia in the exports of Foodstuffs ($2.02M), Vegetable Products ($855k), and Mineral Products ($206).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Malawi+$3.74kRefined Petroleum
Top Product Potential Malawi Russia+$4.15kRaw 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 Russia and Malawi. This means that a dot/product with the flag of Russia indicates it has a comparative advantage over Malawi. Similarly, a dot/product with the flag of Malawi indicates it has a comparative advantage over Russia.

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

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