The Export Market of Malawi in 2024: The Comprehensive Trade Analysis

Malawi, bordered by Southeastern Africa, with its borders exceeding Tanzania, Mozambique, and Zambia in the north-east and west direction, has emerged as a gradual and substantial contributor to the global export market. The export market of Malawi is representative of the steady growth rate of the export economy, driven by the agricultural strength and active evolution of the trade initiatives introduced by the government authorities. Malawi Import Data says the country has been facing logistical challenges for the past few years, which are actively managed by the regional trade agreements.

The agricultural sector has dominated the other categories with an annual revenue share of almost 22%. The country’s strategic trade partnership has shaped the export landscape. The African free trade area, providing expanded access to regional markets, is considered pivotal for the revenue rate. The bilateral agreements, like the UK trade schemes and the regulatory export trade of Malawian goods to specific destinations, have resulted in an export trade value of 1.5 billion US dollars in 2024. Subscribe to Import Globals, an import export trade provider, to stay updated with the latest information regarding the export market of Malawi via the Malawi Trade data.

POLICY REFORMS SUPPORTING THE EXPORT MARKET OF MALAWI IN 2024

The Inclusive Trade Facilitation Initiative was introduced by the authorities for the improvement of small and medium enterprises. Regarding the quality standards and documentation, it has actively increased the participation of the domestic authorities in regional and international trade fairs. The enhancement of the Integrated Framework support has reduced the trade cost while significantly increasing the competitiveness of Malawian exporters.

It has empowered the smallholder farmers to better access export markets; The Investment and Export Promotion Act has improved the business environment while encouraging export activities. The Macadamia Export Protocol with China has encouraged value addition while recording diversification in Malawi’s export base beyond traditional commodities to fulfill the globally increasing demand.

THE LEADING VARIANTS OF GOODS EXPORTED FROM MALAWI IN 2024

The technological evolution in the industrial sectors and the growing global demand from the trade authorities have led to Malawi’s record diversification in the export portfolio. According to the Malawi Export Data, the top 10 leading variants of goods exported from the nation in 2024 are,

  • Flue-Cured Virginia Tobacco — The export trade value of Flue-Cured Virginia Tobacco from Malawi in 2024–356 million US dollars
  • Tea — The export trade value of Tea from Malawi in 2024–278 million US dollars
  • Sugar — The export trade value of Sugar from Malawi in 2024–167 million US dollars
  • Cotton — The export trade value of Cotton from Malawi in 2024–154 million US dollars
  • Soya Beans — The export trade value of Soya Beans from Malawi in 2024–137 million US dollars
  • Groundnuts — The export trade value of Groundnuts from Malawi in 2024 –128 million US dollars
  • Macadamia Nuts — The export trade value of Macadamia Nuts from Malawi in 2024–119 million US dollars
  • Paprika — The export trade value of Paprika from Malawi in 2024–108 million US dollars
  • Fruits — The export trade value of Fruits from Malawi in 2024–102 million US dollars
  • Minerals — The export trade value of Minerals from Malawi in 2024–98 million US dollars

TOP 10 EXPORT TRADE PARTNERS OF MALAWI IN 2024

The diversification in the export portfolio has solidified the rank as a role player in the global trade economy. According to the Malawi Customs Data, the top 10 export trade partners of the nation in 2024 are,

  • South Africa — The annual valuation of goods exported from Malawi to South Africa in 2024–387 million US dollars

Top 5 variants of goods exported

· Graphite

· Salt

· Clay

· Gypsum

· Sand

  • Germany — The annual valuation of goods exported from Malawi to Germany in 2024–275 million US dollars

Top 5 variants of goods exported

· Lemons

· Papayas

· Guavas

· Pineapples

· Limes

  • United Kingdom — The annual valuation of goods exported from Malawi to the United Kingdom in 2024–214 million US dollars

Top 5 variants of goods exported

· Dried Paprika

· Ground Paprika

· Whole Paprika

· Paprika Powder

· Paprika Flakes

  • Belgium — The annual valuation of goods exported from Malawi to Belgium in 2024–187 million US dollars

Top 5 variants of goods exported

· Roasted Groundnuts

· Groundnut Oil

· Groundnut Cake

· Groundnut Butter

· Raw Macadamia Nuts

  • Tanzania — The annual valuation of goods exported from Malawi to Tanzania in 2024–153 million US dollars

Top 5 variants of goods exported

· Processed Soya Beans

· Soya Bean Oil

· Soya Bean Cake

· Soya Bean Flour

· Raw Groundnuts

  • China — The annual valuation of goods exported from Malawi to China in 2024–128 million US dollars

Top 5 variants of goods exported

· Cotton Thread

· Denim Cotton

· Cotton Towels

· Cotton Bed Linen

· Raw Soya Beans

  • India — The annual valuation of goods exported from Malawi to India in 2024–119 million US dollars

Top 5 variants of goods exported

· Sugar Cubes

· Sugar Powder

· Sugar Granules

· Sugar Liquor

· Cotton (Raw)

  • United States — The annual valuation of goods exported from Malawi to the United States in 2024–106 million US dollars

Top 5 variants of goods exported

· Raw Sugar

· Refined Sugar

· Sugar Syrup

· Sugar Molasses

· Sugar Crystals

  • Kenya– The annual valuation of goods exported from Malawi to Kenya in 2024–98 million US dollars

Top 5 variants of goods exported

· Tobacco Waste

· Tobacco Seed

· Tobacco Leaves

· Tobacco Stalks

· Tea (Black)

  • Zimbabwe– The annual valuation of goods exported from Malawi to Zimbabwe in 2024–76 million US dollars

Top 5 variants of goods exported

· Flue-Cured Virginia (FCV) Tobacco

· Burley Tobacco

· Dark Air-Cured Tobacco

· Sun-Cured Tobacco

  • Tobacco Stems

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