Malawi recorded a trade deficit of 237883 USD Million in March of 2026. Balance of Trade in Malawi averaged -198017.24 USD Million from 2022 until 2026, reaching an all time high of -125183.90 USD Million in September of 2022 and a record low of -336593.60 USD Million in January of 2026. source: National Statistical Office of Malawi

Related	Last	Previous	Unit	Reference
Balance of Trade	-237883.00	-213649.80	USD Million	Mar 2026
Current Account	-3641.20	-2406.30	USD Million	Dec 2024
Current Account to GDP	-18.30	-15.50	percent of GDP	Dec 2024
Exports	53313.80	65728.10	USD Million	Mar 2026
Exports by Category
Exports by Country
External Debt	5887049.29	3310068.74	MWK Million	Dec 2023
Foreign Direct Investment	165.81	188.56	USD Million	Dec 2023
Imports	291196.80	279377.90	USD Million	Mar 2026
Imports by Category
Imports by Country
Terrorism Index	0.00	0.00	Points	Dec 2025

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.