2021
Exports
$1.39kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Electric Furnaces
1.62Rnk 31 / 1025
2021
Imports
$124kWorld Rnk 171 / 206
Flag Rnk 605 / 1100

About

Imports In 2023, Malawi imported $124k in Electric Furnaces, becoming the 171st largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 605th most imported product in Malawi. Malawi imports Electric Furnaces primarily from: China ($37.5k), India ($33.2k), South Africa ($19.3k), Italy ($17.2k), and Japan ($7.74k).

The fastest growing import markets in Electric Furnaces for Malawi between 2022 and 2023 were Italy ($12k), Japan ($7.72k), and Zimbabwe ($3.01k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2021)$1.39k
IMPORTS (2023)$124k
NET TRADE (2023)-$124k

In 2023, Malawi imported $124k in Electric Furnaces, mainly from China ($37.5k), India ($33.2k), South Africa ($19.3k), Italy ($17.2k), and Japan ($7.74k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Malawi's main exporting competitors in Electric Furnaces were:
China $1.28B
Italy $638M
In 2023, Malawi's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $550
TOP IMPORT POTENTIALChina+ $38.4k

Electric Furnaces’s highest export potential is United States. With an export gap of $550.   Electric Furnaces’s highest import potential is China with an import gap of $38.4k.

See methodology.

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