Vietnam (VNM) and Malawi (MWI) Trade | The Observatory of Economic Complexity

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Vietnam-Malawi Trade: In 2023, Vietnam exported $16.5M to Malawi. The main products that Vietnam exported to Malawi were Mixed Mineral or Chemical Fertilizers ($13.2M), Ethylene Polymers ($676k), and Vinyl Chloride Polymers ($421k). Over the past 5 years the exports of Vietnam to Malawi have increased at an annualized rate of 9.04%, from $10.7M in 2018 to $16.5M in 2023.

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

Malawi-Vietnam Trade: In 2023, Malawi exported $3.64M to Vietnam. The main products that Malawi exported to Vietnam were Raw Tobacco ($2.12M), Other Nuts ($1.18M), and Ground Nuts ($338k). Over the past 5 years the exports of Malawi to Vietnam have increased at an annualized rate of 35.8%, from $426k in 2018 to $3.64M in 2023.

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

Comparison In 2023, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Vietnam exported $16.5M to Malawi. The main products exported from Vietnam to Malawi were Mixed Mineral or Chemical Fertilizers ($13.2M), Ethylene Polymers ($676k), and Vinyl Chloride Polymers ($421k). During the last 5 years the exports of Vietnam to Malawi have increased at an annualized rate of 9.04%, from $10.7M in 2018 to $16.5M in 2023.

In 2018, Malawi exported $3.64M to Vietnam. The main products exported from Malawi to Vietnam were Raw Tobacco ($2.12M), Other Nuts ($1.18M), and Ground Nuts ($338k). During the last 5 years the exports of Malawi to Vietnam have increased at an annualized rate of 35.8%, from $426k in 2023 to $3.64M in 2018.

Exports from Vietnam () to Malawi () (2023)

Exports from Malawi () to Vietnam () (2023)

Latest Data

Trade between Vietnam () and Malawi ()

Malawi Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$118B

Malawi
Top DestinationGermany$99.1M

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

In 2023, countries that imported more from Vietnam than Malawi included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Malawi than Vietnam included Zimbabwe ($52.4M), Zambia ($34.5M), and South Korea ($20.6M).

Difference in imports from Malawi () and Vietnam () (2023)

Comparative Advantage Vietnam - Malawi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Vietnam had a large net trade with Malawi in the exports of Chemical Products ($14M), Plastics and Rubbers ($1.47M), and Machines ($408k).

During 2018, Malawi had a large net trade with Vietnam in the exports of Foodstuffs ($2.12M), Vegetable Products ($1.52M), and Textiles ($1.62k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Vietnam Malawi+$4.7kTelephones

Top Product Potential Malawi Vietnam+$3.52kRaw 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Malawi () (2023)

Exports from Malawi () to Vietnam () (2023)

Latest Data

Trade between Vietnam () and Malawi ()

Malawi Exports

Market Competitiveness

Difference in imports from Malawi () and Vietnam () (2023)

Comparative Advantage Vietnam - Malawi

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Vietnam () and Malawi () (2023)

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