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2022
Flag → Flag
Exports $105kRnk 103 / 139
2022
Flag → Flag
Top Product $82kThermostats
2022
Flag → Flag
Exports $91Rnk 136 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 186
2022
Flag
GDP PC $645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH14.6%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Malawi-Guatemala Trade: In 2022, Malawi exported $105k to Guatemala. The main products that Malawi exported to Guatemala were Thermostats ($82k), Coated Flat-Rolled Iron ($20k), and Decals ($3.3k). Over the past 14 years the exports of Malawi to Guatemala have decreased at an annualized rate of 9.66%, from $437k in 2008 to $105k in 2022.

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

Guatemala-Malawi Trade: In 2022, Guatemala exported $91 to Malawi. The main products that Guatemala exported to Malawi were N/A. Over the past 14 years the exports of Guatemala to Malawi have decreased at an annualized rate of 42.5%,  from $1.45k in 2008 to $91 in 2022.

In 2022, Guatemala 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, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malawi exported $105k to Guatemala. The main products exported from Malawi to Guatemala were Thermostats ($82k), Coated Flat-Rolled Iron ($20k), and Decals ($3.3k). During the last 14 years the exports of Malawi to Guatemala have decreased at an annualized rate of 9.66%, from $437k in 2008 to $105k in 2022.

In 2015, Guatemala exported $91 to Malawi. There were not main exports from Guatemala to Malawi in 2015. During the last 5 years the exports of Guatemala to Malawi have decreased at an annualized rate of 42.5%, from $1.45k in 2020 to $91 in 2015.

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

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

Latest Data

Trade between Malawi (Flag) and Guatemala (Flag)

Guatemala Exports

Date

Market Competitiveness

Color
Malawi
Top DestinationUnited Arab Emirates$255M
Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Malawi than Guatemala included United Arab Emirates ($255M), Tanzania ($72.8M), and Kenya ($58.8M).

In 2022, countries that imported more from Guatemala than Malawi included United States ($5.23B), El Salvador ($2.03B), and Honduras ($1.58B).

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

Comparative Advantage Malawi - Guatemala

Flow
Scale

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

During 2022, Malawi had a large net trade with Guatemala in the exports of Instruments ($82k), Metals ($20k), and Paper Goods ($3.3k).

During 2015, Guatemala had a large net trade with Malawi in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Guatemala+$6.69kCoated Flat-Rolled Iron
Top Product Potential Guatemala Malawi+$1.95kPackaged Medicaments

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

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

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