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Pricing

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Flag → Flag
Exports $72.7kRnk 106 / 139
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Flag → Flag
Top Product $72.4kRaw Tobacco
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
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 GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
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GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
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GDP PC$645CURRENT US$
Rnk 178 / 186
2012-2022
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GDP PC GROWTH14.6%CURRENT US$
Rnk 98 / 186

About

In N/A, Armenia did not export any services to Malawi.

Malawi-Armenia Trade: In N/A, Malawi exported $72.7k to Armenia. The main products that Malawi exported to Armenia were Raw Tobacco ($72.4k), Coffee ($345), and Other Plastic Products ($9). Over the past N/A years the exports of Malawi to Armenia have decreased at an annualized rate of 50.6%,  from $2.46M in N/A to $72.7k in N/A.

In N/A, Malawi did not export any services to Armenia.

Comparison In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081),  and 122 in total exports ($5.78B). 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

Armenia does not register exports to Malawi.

In 2017, Malawi exported $72.7k to Armenia. The main products exported from Malawi to Armenia were Raw Tobacco ($72.4k), Coffee ($345), and Other Plastic Products ($9). During the last 5 years the exports of Malawi to Armenia have decreased at an annualized rate of 50.6%, from $2.46M in 2022 to $72.7k in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Malawi (Flag)

Malawi Exports

Date

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Malawi
Top DestinationUnited Arab Emirates$255M

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

In 2022, countries that imported more from Armenia than Malawi included Russia ($2.36B), China ($420M), and United Arab Emirates ($535M).

In 2022, countries that imported more from Malawi than Armenia included Tanzania ($72.8M), Kenya ($58.8M), and Belgium ($143M).

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

Comparative Advantage Armenia - Malawi

Flow
Scale

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

During 2017, Malawi had a large net trade with Armenia in the exports of Foodstuffs ($72.4k), Vegetable Products ($345), and Plastics and Rubbers ($9).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Malawi+$1.67kTelephones
Top Product Potential Malawi Armenia+$115kRaw 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 Armenia and Malawi. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Malawi. Similarly, a dot/product with the flag of Malawi indicates it has a comparative advantage over Armenia.

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

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