Net trade in goods and services in Malawi
Malawi: Net trade in goods and services was -2.39 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Malawi, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Malawi recorded -2.39 billion BoP, current US$ for net trade in goods and services in 2024.
Compared with earlier readings it is up 5.1% on the previous year and down 74.1% over ten years.
Over the whole period, net trade in goods and services in Malawi peaked at 35.16 million BoP, current US$ in 1984 and was at its lowest, -2.52 billion BoP, current US$, in 2023.
Malawi ranks 148th of 198 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -151.32 million BoP, current US$ | -193.54 million BoP, current US$ | -87.27 million BoP, current US$ | 3 |
| 1980s | -68.78 million BoP, current US$ | -173.99 million BoP, current US$ | 35.16 million BoP, current US$ | 10 |
| 1990s | -233.34 million BoP, current US$ | -338.80 million BoP, current US$ | -91.06 million BoP, current US$ | 10 |
| 2000s | -523.16 million BoP, current US$ | -982.43 million BoP, current US$ | -172.07 million BoP, current US$ | 10 |
| 2010s | -1.47 billion BoP, current US$ | -1.84 billion BoP, current US$ | -1.17 billion BoP, current US$ | 10 |
| 2020s | -2.31 billion BoP, current US$ | -2.52 billion BoP, current US$ | -2.06 billion BoP, current US$ | 5 |
Countries ranked near Malawi
- 145 Latvia -2.24 billion BoP, current US$ compare
- 146 Rwanda -2.25 billion BoP, current US$ compare
- 147 Suriname -2.32 billion BoP, current US$ compare
- 149 Jamaica -2.40 billion BoP, current US$ compare
- 150 Montenegro -2.41 billion BoP, current US$ compare
- 151 Zimbabwe -2.46 billion BoP, current US$ compare
More economy & growth data for Malawi
- External balance on goods and services as a percent of GDP -18.1% (2025)
- Inflation of consumer prices 28.4% (2025)
- GDP per capita 548.16 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 11.0% (2024)
- Gross domestic product (GDP) 12.18 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 548.16 constant 2015 US$ (2025)
- DEC alternative conversion factor 1,751 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.46 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 835.90 million current US$ (2025)
- Taxes less subsidies on products 1.83 trillion current LCU (2025)
Frequently asked questions
- What is net trade in goods and services in Malawi?
- Net trade in goods and services in Malawi was -2.39 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Malawi?
- The highest recorded value was 35.16 million BoP, current US$ in 1984.
- What is the lowest net trade in goods and services recorded in Malawi?
- The lowest recorded value was -2.52 billion BoP, current US$ in 2023.
- How does Malawi rank for net trade in goods and services?
- Malawi ranks 148th out of 198 countries with data for 2024.
- Is net trade in goods and services rising or falling in Malawi?
- Over the last ten years it is down 74.1%. The long-run trend across the full record is volatile.
- Where does this Malawi data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.