Malawi (MWI) and Benin (BEN) Trade | The Observatory of Economic Complexity

About

Malawi-Benin Trade: In 2022, Malawi exported $90.1k to Benin. The main products that Malawi exported to Benin were Corn ($52.7k), Medical Instruments ($17.4k), and Rubber Apparel ($10.3k). Over the past 19 years the exports of Malawi to Benin have decreased at an annualized rate of 9.37%, from $584k in 2003 to $90.1k in 2022.

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

Benin-Malawi In N/A, Benin did not export any products to Malawi.

In 2022, Benin 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, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malawi exported $90.1k to Benin. The main products exported from Malawi to Benin were Corn ($52.7k), Medical Instruments ($17.4k), and Rubber Apparel ($10.3k). During the last 19 years the exports of Malawi to Benin have decreased at an annualized rate of 9.37%, from $584k in 2003 to $90.1k in 2022.

Benin does not register exports to Malawi.

Exports from Malawi () to Benin () (2022)

Exports from Benin () to Malawi () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malawi
Top DestinationUnited Arab Emirates$255M

Benin
Top DestinationIndia$448M

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

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

In 2022, countries that imported more from Benin than Malawi included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

Difference in imports from Benin () and Malawi () (2022)

Comparative Advantage Malawi - Benin

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malawi had a large net trade with Benin in the exports of Vegetable Products ($52.7k), Instruments ($17.4k), and Plastics and Rubbers ($10.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Malawi Benin+$18.2kCorn

Top Product Potential Benin Malawi+$1.84kGold

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

Year

This visualization shows the product space at the HS4 level with the flags of Malawi and Benin. This means that a dot/product with the flag of Malawi indicates it has a comparative advantage over Benin. Similarly, a dot/product with the flag of Benin indicates it has a comparative advantage over Malawi.

About

Historical Data

Bilateral Trade by Products

Exports from Malawi () to Benin () (2022)

Exports from Benin () to Malawi () (2022)

Market Competitiveness

Difference in imports from Benin () and Malawi () (2022)

Comparative Advantage Malawi - Benin

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Malawi () and Benin () (2022)

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