2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
 GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
GDP PC 
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186

About

Albania-Malawi Trade: In 2022, Albania exported $100 to Malawi. The main products that Albania exported to Malawi were Liquid Pumps ($100). Over the past 12 years the exports of Albania to Malawi have decreased at an annualized rate of 40.3%, from $49.1k in 2010 to $100 in 2022.

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

Malawi-Albania Trade: In 2022, Malawi exported $5.43k to Albania. The main products that Malawi exported to Albania were N/A. Over the past 12 years the exports of Malawi to Albania have increased at an annualized rate of 134%,  from $77 in 2010 to $5.43k in 2022.

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

Comparison In 2022,  Albania ranked 77 in the Economic Complexity Index (ECI -0.24),  and 131 in total exports ($4.3B). 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, Albania exported $100 to Malawi. The main products exported from Albania to Malawi were Liquid Pumps ($100). During the last 12 years the exports of Albania to Malawi have decreased at an annualized rate of 40.3%, from $49.1k in 2010 to $100 in 2022.

In 2013, Malawi exported $5.43k to Albania. There were not main exports from Malawi to Albania in 2013. During the last 5 years the exports of Malawi to Albania have increased at an annualized rate of 134%, from $77 in 2018 to $5.43k in 2013.

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

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

Market Competitiveness

Color
Albania
Top Destination
Italy$1.75B
Malawi
Top Destination
United Arab Emirates$255M

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

In 2022, countries that imported more from Albania than Malawi included Italy ($1.75B), Greece ($421M), and Spain ($309M).

In 2022, countries that imported more from Malawi than Albania included United Arab Emirates ($255M), Belgium ($143M), and Tanzania ($72.8M).

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

Comparative Advantage Albania - Malawi

Flow
Scale

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

During 2022, Albania had a large net trade with Malawi in the exports of Machines ($100).

During 2013, Malawi had a large net trade with Albania in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Albania Malawi+$1.18kInsulated Wire
Top Product Potential Malawi Albania+$1.34kRaw Sugar

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

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

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