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Pricing

2022
Flag → Flag
Exports $4.83MRnk 33 / 139
2022
Flag → Flag
Top Product $4.79MRaw Tobacco
2022
Flag → Flag
Exports $159kRnk 131 / 163
2022
Flag → Flag
Top Product $159kTextile Footwear
2022
Flag
Economic Complexity (ECI) ECI 0.052Rnk 62 / 133
2022
Flag  
GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
 GDP$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC $645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH14.6%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 19 / 186

About

Malawi-Dominican Republic Trade: In 2022, Malawi exported $4.83M to Dominican Republic. The main products that Malawi exported to Dominican Republic were Raw Tobacco ($4.79M), Liquid Pumps ($44.5k), and Office Machine Parts ($2.04k). Over the past 5 years the exports of Malawi to Dominican Republic have decreased at an annualized rate of 4.51%, from $6.09M in 2017 to $4.83M in 2022.

In 2022, Malawi did not export any services to Dominican Republic.

Dominican Republic-Malawi Trade: In 2022, Dominican Republic exported $159k to Malawi. The main products that Dominican Republic exported to Malawi were Textile Footwear ($159k). Over the past 5 years the exports of Dominican Republic to Malawi have decreased at an annualized rate of 3.48%,  from $190k in 2017 to $159k in 2022.

In 2022, Dominican Republic did not export any services to Malawi.

Comparison In 2022,  Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index. That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malawi exported $4.83M to Dominican Republic. The main products exported from Malawi to Dominican Republic were Raw Tobacco ($4.79M), Liquid Pumps ($44.5k), and Office Machine Parts ($2.04k). During the last 5 years the exports of Malawi to Dominican Republic have decreased at an annualized rate of 4.51%, from $6.09M in 2017 to $4.83M in 2022.

In 2017, Dominican Republic exported $159k to Malawi. The main products exported from Dominican Republic to Malawi were Textile Footwear ($159k). During the last 5 years the exports of Dominican Republic to Malawi have decreased at an annualized rate of 3.48%, from $190k in 2022 to $159k in 2017.

Exports from Malawi (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Malawi (Flag) (2022)

Market Competitiveness

Color
Malawi
Top DestinationUnited Arab Emirates$255M
Dominican Republic
Top DestinationUnited States$6.85B

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

In 2022, countries that imported more from Malawi than Dominican Republic included United Arab Emirates ($255M), Tanzania ($72.8M), and Kenya ($58.8M).

In 2022, countries that imported more from Dominican Republic than Malawi included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

Difference in imports from Dominican Republic (Flag) and Malawi (Flag) (2022)

Comparative Advantage Malawi - Dominican Republic

Flow
Scale

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

During 2022, Malawi had a large net trade with Dominican Republic in the exports of Foodstuffs ($4.79M), Machines ($46.5k), and Instruments ($385).

During 2017, Dominican Republic had a large net trade with Malawi in the exports of Footwear and Headwear ($159k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Dominican Republic+$2.94kRaw Tobacco
Top Product Potential Dominican Republic Malawi+$1.89kGold

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 Malawi and Dominican Republic. This means that a dot/product with the flag of Malawi indicates it has a comparative advantage over Dominican Republic. Similarly, a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Malawi.

Product Space of Malawi (Flag) and Dominican Republic (Flag) (2022)

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