2022
Flag  
GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
2022
Flag
 GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC 
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186

About

Malawi-Nepal Trade: In 2022, Malawi exported $393k to Nepal. The main products that Malawi exported to Nepal were Dried Legumes ($387k), Other Furniture ($2.07k), and Used Clothing ($1.86k). Over the past 5 years the exports of Malawi to Nepal have decreased at an annualized rate of 29.2%, from $2.2M in 2017 to $393k in 2022.

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

Nepal-Malawi Trade: In 2022, Nepal exported $95 to Malawi. The main products that Nepal exported to Malawi were Textile Scraps ($95). Over the past 5 years the exports of Nepal to Malawi have decreased at an annualized rate of 50.9%,  from $13.7k in 2017 to $95 in 2022.

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

Comparison In 2022,  Malawi ranked 157 in total exports ($1.19B). That same year, Nepal ranked 153 in total exports ($1.43B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malawi exported $393k to Nepal. The main products exported from Malawi to Nepal were Dried Legumes ($387k), Other Furniture ($2.07k), and Used Clothing ($1.86k). During the last 5 years the exports of Malawi to Nepal have decreased at an annualized rate of 29.2%, from $2.2M in 2017 to $393k in 2022.

In 2017, Nepal exported $95 to Malawi. The main products exported from Nepal to Malawi were Textile Scraps ($95). During the last 5 years the exports of Nepal to Malawi have decreased at an annualized rate of 50.9%, from $13.7k in 2022 to $95 in 2017.

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

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

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
Nepal
Top Destination
India$956M

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

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

In 2022, countries that imported more from Nepal than Malawi included India ($956M), United States ($152M), and Singapore ($25.5M).

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

Comparative Advantage Malawi - Nepal

Flow
Scale

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

During 2022, Malawi had a large net trade with Nepal in the exports of Vegetable Products ($387k), Miscellaneous ($2.07k), and Textiles ($1.86k).

During 2017, Nepal had a large net trade with Malawi in the exports of Textiles ($95).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Nepal+$295kDried Legumes
Top Product Potential Nepal Malawi+$1.5kCoated Flat-Rolled Iron

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

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

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