2022
Exports
$17.5MWorld Rnk 38 / 139
Flag Rnk 9 / 692
falsefalse Tanzania
2022
PRODUCT COMPLEXITY IN Soybeans
-1.62Rnk 963 / 1025
2022
Imports
$48.6kWorld Rnk 151 / 200
Flag Rnk 716 / 1085

About

Exports In 2022, Malawi exported $17.5M in Soybeans, making it the 38th largest exporter of Soybeans in the world. At the same year, Soybeans was the 9th most exported product in Malawi. The main destination of Soybeans exports from Malawi are: Tanzania ($13.4M), United Arab Emirates ($1.57M), Kenya ($1.26M), Mozambique ($877k), and India ($304k).

The fastest growing export markets for Soybeans of Malawi between 2021 and 2022 were Kenya ($983k), Philippines ($63.9k), and South Korea ($49).

Imports In 2022, Malawi imported $48.6k in Soybeans, becoming the 151st largest importer of Soybeans in the world. At the same year, Soybeans was the 716th most imported product in Malawi. Malawi imports Soybeans primarily from: South Africa ($25.4k) and Zambia ($23.1k).

Latest Trends

Aug 2024

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 Soybeans. 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 (2022)$17.5M
IMPORTS (2022)$48.6k
NET TRADE (2022)$17.5M

In 2022, Malawi exported $17.5M in Soybeans. The main destinations of Malawi exports on Soybeans were Tanzania ($13.4M), United Arab Emirates ($1.57M), Kenya ($1.26M), Mozambique ($877k), and India ($304k).

In 2022, Malawi imported $48.6k in Soybeans, mainly from South Africa ($25.4k) and Zambia ($23.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Malawi WERE (2021 - 2022):
Kenya$983k (352%)
Philippines$63.9k (1%)
South Korea$49 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Malawi WERE (2021 - 2022):
India-$46.4M (-99.3%)
United Arab Emirates-$23.4M (-93.7%)
Tanzania-$12.2M (-47.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Malawi's main exporting competitors in Soybeans were:
In 2022, Malawi's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $805k
TOP IMPORT POTENTIALSouth Africa+ $7.43k

Soybeans’s highest export potential is India. With an export gap of $805k.   Soybeans’s highest import potential is South Africa with an import gap of $7.43k.

See methodology.

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