2022
Flag  
GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC 
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC
$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH
1.35%CURRENT US$
Rnk 136 / 186

About

Malawi-Oman Trade: In 2022, Malawi exported $57.8k to Oman. The main products that Malawi exported to Oman were Dried Legumes ($57.8k). Over the past 6 years the exports of Malawi to Oman have decreased at an annualized rate of 29.8%, from $482k in 2016 to $57.8k in 2022.

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

Oman-Malawi Trade: In 2022, Oman exported $13.5M to Malawi. The main products that Oman exported to Malawi were Nitrogenous Fertilizers ($6.06M), Cement ($5.28M), and Mixed Mineral or Chemical Fertilizers ($1.05M). Over the past 6 years the exports of Oman to Malawi have increased at an annualized rate of 17%,  from $1.49M in 2016 to $13.5M in 2022.

In 2022, Oman 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, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malawi exported $57.8k to Oman. The main products exported from Malawi to Oman were Dried Legumes ($57.8k). During the last 6 years the exports of Malawi to Oman have decreased at an annualized rate of 29.8%, from $482k in 2016 to $57.8k in 2022.

In 2017, Oman exported $13.5M to Malawi. The main products exported from Oman to Malawi were Nitrogenous Fertilizers ($6.06M), Cement ($5.28M), and Mixed Mineral or Chemical Fertilizers ($1.05M). During the last 5 years the exports of Oman to Malawi have increased at an annualized rate of 17%, from $1.49M in 2022 to $13.5M in 2017.

Exports from Malawi (Flag) to Oman (Flag) (2022)

Exports from Oman (Flag) to Malawi (Flag) (2022)

Latest Data

Trade between Malawi (Flag) and Oman (Flag)

Oman Exports

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
Oman
Top Destination
China$30.4B

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

In 2022, countries that imported more from Malawi than Oman included Zimbabwe ($45M), Zambia ($40.8M), and Uganda ($4.94M).

In 2022, countries that imported more from Oman than Malawi included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

Difference in imports from Oman (Flag) and Malawi (Flag) (2022)

Comparative Advantage Malawi - Oman

Flow
Scale

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

During 2022, Malawi had a large net trade with Oman in the exports of Vegetable Products ($57.8k).

During 2017, Oman had a large net trade with Malawi in the exports of Chemical Products ($7.11M), Mineral Products ($6.03M), and Plastics and Rubbers ($365k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Oman+$3.39kGold
Top Product Potential Oman Malawi+$2.25kRefined Petroleum

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

Product Space of Malawi (Flag) and Oman (Flag) (2022)

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