[1] Primary trade source
OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.
Country intelligence · MWI · 2024
Malawi trade profile
In 2024, Malawi recorded $1.0B in merchandise exports and $2.5B in imports, producing a $1.5B trade deficit. Exports changed +11.8% from the previous year, while imports changed +2.6%.[1]
Exports
$1.0B
+11.8%
Imports
$2.5B
+2.6%
Trade balance
-$1.5B
deficit
Active partners
270
17 FTA-linked
Historical evidence
Ten-year trade movement
The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports
Exact annual values
Leading export sectors
HS2 chapters rank broad product groups by observed export value in 2024.
1$571.7M
HS 24 · HS chapter
10 active HS6 lines · 69 export partners
2$86.2M
HS 07 · HS chapter
62 active HS6 lines · 44 export partners
3$81.5M
HS 71 · Precious metals and stones
22 active HS6 lines · 41 export partners
4$69.6M
HS 09 · HS chapter
37 active HS6 lines · 68 export partners
5$43.0M
HS 23 · HS chapter
17 active HS6 lines · 13 export partners
6$36.5M
HS 12 · HS chapter
47 active HS6 lines · 35 export partners
7$20.6M
HS 08 · HS chapter
65 active HS6 lines · 34 export partners
8$18.3M
HS 44 · HS chapter
74 active HS6 lines · 29 export partners
Leading export markets
Destinations rank bilateral export flows from Malawi; growth describes each corridor rather than the whole economy.
1$150.7M
Belgium
Annual change +17.4% · 3-year CAGR 12.6%
2$100.8M
United Arab Emirates
Annual change +305.4% · 3-year CAGR -3.5%
3$63.6M
India
Annual change +38.1% · 3-year CAGR -9.5%
4$59.9M
Germany
Annual change -3.4% · 3-year CAGR -4.4%
5$51.2M
South Africa
Annual change +6.5% · 3-year CAGR -6.0%
6$50.3M
Zimbabwe
Annual change -7.1% · 3-year CAGR 13.2%
7$44.1M
Tanzania
Annual change -47.1% · 3-year CAGR -4.1%
8$40.0M
Egypt
Annual change +253.6% · 3-year CAGR -4.0%
Sources, definitions and limitations
Calculation notes
USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.