Malawi Balance of TradeJanuary 2023 Data - 2000-2022 Historical - February Forecast

Name: Malawi Balance of Trade
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Malawi,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Malawi recorded a trade deficit of 31325.10 MWK Million in June of 2022. source: National Statistical Office of Malawi

Balance of Trade in Malawi averaged -45180.34 MWK Million from 2000 until 2022, reaching an all time high of 4926.02 MWK Million in November of 2009 and a record low of -276208.30 MWK Million in April of 2021. 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 February of 2023.

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. In the long-term, the Malawi Balance of Trade is projected to trend around -94354.00 MWK Million in 2023 and -94350.00 MWK Million in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	-31325.10	-52166.60	MWK Million	Jun 2022
Imports	109040.50	91842.30	MWK Million	Jun 2022
Exports	77715.30	39675.80	MWK Million	Jun 2022

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.