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Pricing

2022
Flag → Flag
Exports $24.5MRnk 58 / 166
2022
Flag → Flag
Top Product $24.3MNitrogenous Fertilizers
2022
Flag → Flag
Exports $1.4MRnk 57 / 139
2022
Flag → Flag
Top Product $1.15MCorn
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH14.6%CURRENT US$
Rnk 98 / 186

About

Nigeria-Malawi Trade: In 2022, Nigeria exported $24.5M to Malawi. The main products that Nigeria exported to Malawi were Nitrogenous Fertilizers ($24.3M), Engine Parts ($90.3k), and Medical Instruments ($44.7k). Over the past 5 years the exports of Nigeria to Malawi have increased at an annualized rate of 151%, from $248k in 2017 to $24.5M in 2022.

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

Malawi-Nigeria Trade: In 2022, Malawi exported $1.4M to Nigeria. The main products that Malawi exported to Nigeria were Corn ($1.15M), Tanned Goat Hides ($105k), and Washing and Bottling Machines ($71.5k). Over the past 5 years the exports of Malawi to Nigeria have increased at an annualized rate of 60.4%,  from $132k in 2017 to $1.4M in 2022.

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

Comparison In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67),  and 51 in total exports ($70.7B). 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
Value

In 2022, Nigeria exported $24.5M to Malawi. The main products exported from Nigeria to Malawi were Nitrogenous Fertilizers ($24.3M), Engine Parts ($90.3k), and Medical Instruments ($44.7k). During the last 5 years the exports of Nigeria to Malawi have increased at an annualized rate of 151%, from $248k in 2017 to $24.5M in 2022.

In 2017, Malawi exported $1.4M to Nigeria. The main products exported from Malawi to Nigeria were Corn ($1.15M), Tanned Goat Hides ($105k), and Washing and Bottling Machines ($71.5k). During the last 5 years the exports of Malawi to Nigeria have increased at an annualized rate of 60.4%, from $132k in 2022 to $1.4M in 2017.

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

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

Latest Data

Trade between Nigeria (Flag) and Malawi (Flag)

Malawi Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Malawi
Top DestinationUnited Arab Emirates$255M

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

In 2022, countries that imported more from Nigeria than Malawi included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from Malawi than Nigeria included Tanzania ($72.8M), Kenya ($58.8M), and Zimbabwe ($45M).

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

Comparative Advantage Nigeria - Malawi

Flow
Scale

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

During 2022, Nigeria had a large net trade with Malawi in the exports of Chemical Products ($24.3M), Machines ($115k), and Instruments ($44.7k).

During 2017, Malawi had a large net trade with Nigeria in the exports of Vegetable Products ($1.15M), Animal Hides ($105k), and Machines ($73k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Malawi+$2.65kPetroleum Gas
Top Product Potential Malawi Nigeria+$304kRaw Tobacco

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

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

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