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Malawi's trade data reflects its economic interactions with the world. In 2021, Malawi exported goods worth approximately $1.01 billion, with tobacco, soya beans, and sugar being the top exports. The country imported goods valued at about $3.07 billion, with significant imports including petroleum oils and medical products. Malawi's main export partners are Belgium, India, and Tanzania, while its largest sources of imports are China and South Africa. This trade activity is crucial for Malawi's economy, impacting everything from national revenue to individual livelihoods.
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In 2022, Malawi’s major trading partners for exports were:
Belgium: 16.1%
Kenya: 7%
Egypt: 6.8%
South Africa: 6.3%
United States: 5.2%
Netherlands: 3.7%
China: 3.5%
Russia: 3.3%
Tanzania: 3.1%
Zambia: 3%1.
For imports, the main partners were:
South Africa
China
United Arab Emirates
India
United Kingdom
In 2022, Malawi’s top trade industries based on export value were:
Raw Tobacco: $435 million
Gold: $225 million
Tea: $84.3 million
Ground Nuts: $81.4 million
Dried Legumes: $57.5 million
Refined Petroleum: $245 million
Nitrogenous Fertilizers: $110 million
Crude Petroleum: $97.6 million
Mixed Mineral or Chemical Fertilizers: $77.5 million
Packaged Medicaments: $75.8 million
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