Austria (AUT) and Malawi (MWI) Trade | The Observatory of Economic Complexity

About

Austria-Malawi Trade: In 2022, Austria exported $4.27M to Malawi. The main products that Austria exported to Malawi were Looms ($1.5M), Rubberworking Machinery ($766k), and Other Paper Machinery ($608k). Over the past 5 years the exports of Austria to Malawi have decreased at an annualized rate of 32.5%, from $30.6M in 2017 to $4.27M in 2022.

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

Malawi-Austria Trade: In 2022, Malawi exported $2.35k to Austria. The main products that Malawi exported to Austria were Dried Legumes ($1.82k), Water ($397), and Other Printed Material ($111). Over the past 5 years the exports of Malawi to Austria have decreased at an annualized rate of 67.5%, from $650k in 2017 to $2.35k in 2022.

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

Comparison In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $4.27M to Malawi. The main products exported from Austria to Malawi were Looms ($1.5M), Rubberworking Machinery ($766k), and Other Paper Machinery ($608k). During the last 5 years the exports of Austria to Malawi have decreased at an annualized rate of 32.5%, from $30.6M in 2017 to $4.27M in 2022.

In 2017, Malawi exported $2.35k to Austria. The main products exported from Malawi to Austria were Dried Legumes ($1.82k), Water ($397), and Other Printed Material ($111). During the last 5 years the exports of Malawi to Austria have decreased at an annualized rate of 67.5%, from $650k in 2022 to $2.35k in 2017.

Exports from Austria () to Malawi () (2022)

Exports from Malawi () to Austria () (2022)

Latest Data

Trade between Austria () and Malawi ()

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Malawi
Top DestinationUnited Arab Emirates$255M

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

In 2022, countries that imported more from Austria than Malawi included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Malawi than Austria included Tanzania ($72.8M), Zimbabwe ($45M), and Zambia ($40.8M).

Difference in imports from Malawi () and Austria () (2022)

Comparative Advantage Austria - Malawi

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Malawi in the exports of Machines ($3.46M), Instruments ($301k), and Chemical Products ($214k).

During 2017, Malawi had a large net trade with Austria in the exports of Vegetable Products ($1.84k), Foodstuffs ($397), and Paper Goods ($111).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Austria Malawi+$300kCars

Top Product Potential Malawi Austria+$11.3kDried Legumes

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Malawi () (2022)

Exports from Malawi () to Austria () (2022)

Latest Data

Trade between Austria () and Malawi ()

Austria Exports

Market Competitiveness

Difference in imports from Malawi () and Austria () (2022)

Comparative Advantage Austria - Malawi

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Austria () and Malawi () (2022)

Keep Exploring