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2022
Flag → Flag
Exports $5.28MRnk 118 / 207
2022
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Top Product $2.1MPlastic Lids
2022
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Exports $715kRnk 69 / 139
2022
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Top Product $415kCoffee
2022
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Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
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GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
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GDP GROWTH50.1%CURRENT US$
Rnk 60 / 186
2022
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GDP PC $50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC$645CURRENT US$
Rnk 178 / 186
2012-2022
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GDP PC GROWTH14.6%CURRENT US$
Rnk 98 / 186

About

Finland-Malawi In 2022, Finland exported $5.28M to Malawi. The main products that Finland exported to Malawi are Plastic Lids ($2.1M), Raw Plastic Sheeting ($1.82M), and Video Displays ($850k). During the last 27 years the exports of Finland to Malawi have increased at an annualized rate of 2.13%, from $2.99M in 1995 to $5.28M in 2022.

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

Malawi-Finland In 2022, Malawi exported $715k to Finland. The main products that Malawi exported to Finland were Coffee ($415k), Raw Sugar ($274k), and Brooms ($24.5k). During the last 27 years the exports of Malawi to Finland have decreased at an annualized rate of 3.92%, from $2.1M in 1995 to $715k in 2022.

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

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41),  and 46 in total exports ($89.9B). That same year, Malawi ranked 157 in total exports ($1.19B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $5.28M to Malawi. The main products exported from Finland to Malawi were Plastic Lids ($2.1M), Raw Plastic Sheeting ($1.82M), and Video Displays ($850k). During the last 27 years the exports of Finland to Malawi have increased at an annualized rate of 2.13%, from $2.99M in 1995 to $5.28M in 2022.

In 2022, Malawi exported $715k to Finland. The main products exported from Malawi to Finland were Coffee ($415k), Raw Sugar ($274k), and Brooms ($24.5k). During the last 27 years the exports of Malawi to Finland have decreased at an annualized rate of 3.92%, from $2.1M in 1995 to $715k in 2022.

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

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

Latest Data

Trade between Finland (Flag) and Malawi (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
Malawi
Top DestinationUnited Arab Emirates$255M

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

In 2021, countries that imported more from Finland than Malawi were Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

In 2021, countries that imported more from Malawi than Finland were Zimbabwe ($45M), Mozambique ($17.8M), and Zambia ($40.8M).

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

Comparative Advantage Finland - Malawi

Flow
Scale

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

During 2022, Finland had a large net trade with Malawi in the exports of Plastics and Rubbers ($3.95M), Machines ($974k), and Chemical Products ($118k).

During 2022, Malawi had a large net trade with Finland in the exports of Vegetable Products ($417k), Foodstuffs ($274k), and Miscellaneous ($24.5k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Finland has comparative advantage over Malawi. Similarly, the more yellow a dot/product is, the more Malawi has comparative advantage over Finland.

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

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