Malawi recorded a trade deficit of 169215 MWK Million in December of 2019.

Balance of Trade in Malawi averaged -32363.41 MWK Million from 2000 until 2019, reaching an all time high of 4926 MWK Million in November of 2009 and a record low of -214748.40 MWK Million in September of 2019. This page provides - Malawi Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Malawi Balance of Trade - values, historical data and charts - was last updated on September of 2020. source: National Statistical Office of Malawi

Balance of Trade in Malawi is expected to be -94149.00 MWK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Malawi to stand at -94408.00 in 12 months time. In the long-term, the Malawi Balance of Trade is projected to trend around -94354.00 MWK Million in 2021 and -94350.00 MWK Million in 2022, according to our econometric models.

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Malawi Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-169215.00 -110157.30 4926.00 -214748.40 2000 - 2019 MWK Million Monthly

Malawi Trade Last Previous Highest Lowest Unit
Balance of Trade -169215.00 -110157.30 4926.00 -214748.40 MWK Million [+]
Current Account -1202.60 -1418.57 -4.38 -1418.57 USD Million [+]
Current Account to GDP -15.10 -19.70 -0.25 -27.60 percent [+]
Imports 217022.20 179530.70 274708.90 1055.70 MWK Million [+]
Exports 47807.20 69373.40 109459.30 617.70 MWK Million [+]
Capital Flows 1270.06 1265.05 1342.87 87.58 USD Million [+]
Gold Reserves 0.40 0.40 0.40 0.40 Tonnes [+]
Foreign Direct Investment 112.30 101.50 598.80 5.64 USD Million [+]
Terrorism Index 0.66 0.46 0.66 0.00 [+]
External Debt 1569794.22 1486661.76 1569794.22 980.60 MWK Million [+]


Malawi Balance of Trade
Malawi’s landlocked location increases import costs and poses an obstacle to exports. Malawi is dependent on imports of fuel and consumer goods. However, tobacco trade (55 percent of total exports) represents a major source of income for the country. Malawi’s main trading partners are: South Africa, Zambia, China and United States.