Net trade in goods in Malawi
Malawi: Net trade in goods was -2.00 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
-2.00 billion BoP, current US$
Change on year
down 1.3%
World rank
124th
of 200 countries
All-time high
149.78 million BoP, current US$
in 1984
All-time low
-2.05 billion BoP, current US$
in 2021
Years of data
48
1977–2024
Net trade in goods in Malawi, 1977–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods in Malawi is -2.00 billion BoP, current US$, measured in 2024.
That represents a change of down 1.3% on the previous year and down 65.1% over ten years.
Over the whole period, net trade in goods in Malawi peaked at 149.78 million BoP, current US$ in 1984 and was at its lowest, -2.05 billion BoP, current US$, in 2021.
Malawi ranks 124th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods in Malawi, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 16.83 million BoP, current US$ | — |
| 1978 | -79.41 million BoP, current US$ | -571.7% |
| 1979 | -95.12 million BoP, current US$ | +19.8% |
| 1980 | -27.21 million BoP, current US$ | -71.4% |
| 1981 | 28.26 million BoP, current US$ | -203.8% |
| 1982 | 25.67 million BoP, current US$ | -9.1% |
| 1983 | 29.96 million BoP, current US$ | +16.7% |
| 1984 | 149.78 million BoP, current US$ | +399.9% |
| 1985 | 68.82 million BoP, current US$ | -54.1% |
| 1986 | 94.30 million BoP, current US$ | +37.0% |
| 1987 | 99.97 million BoP, current US$ | +6.0% |
| 1988 | 40.45 million BoP, current US$ | -59.5% |
| 1989 | 64.00 million BoP, current US$ | +58.2% |
| 1990 | 126.13 million BoP, current US$ | +97.1% |
| 1991 | 59.68 million BoP, current US$ | -52.7% |
| 1992 | -15.04 million BoP, current US$ | -125.2% |
| 1993 | -22.78 million BoP, current US$ | +51.5% |
| 1994 | -160.09 million BoP, current US$ | +602.7% |
| 1995 | -63.30 million BoP, current US$ | -60.5% |
| 1996 | -77.92 million BoP, current US$ | +23.1% |
| 1997 | -158.41 million BoP, current US$ | +103.3% |
| 1998 | 38.96 million BoP, current US$ | -124.6% |
| 1999 | -126.57 million BoP, current US$ | -424.9% |
| 2000 | -58.84 million BoP, current US$ | -53.5% |
| 2001 | -44.30 million BoP, current US$ | -24.7% |
| 2002 | -150.79 million BoP, current US$ | +240.4% |
| 2003 | -196.86 million BoP, current US$ | +30.6% |
| 2004 | -388.78 million BoP, current US$ | +97.5% |
| 2005 | -608.60 million BoP, current US$ | +56.5% |
| 2006 | -439.64 million BoP, current US$ | -27.8% |
| 2007 | -582.12 million BoP, current US$ | +32.4% |
| 2008 | -868.51 million BoP, current US$ | +49.2% |
| 2009 | -739.97 million BoP, current US$ | -14.8% |
| 2010 | -1.26 billion BoP, current US$ | +70.3% |
| 2011 | -1.11 billion BoP, current US$ | -11.6% |
| 2012 | -1.05 billion BoP, current US$ | -5.7% |
| 2013 | -1.43 billion BoP, current US$ | +36.0% |
| 2014 | -1.21 billion BoP, current US$ | -15.1% |
| 2015 | -1.07 billion BoP, current US$ | -12.1% |
| 2016 | -1.09 billion BoP, current US$ | +2.2% |
| 2017 | -1.58 billion BoP, current US$ | +44.7% |
| 2018 | -1.66 billion BoP, current US$ | +5.2% |
| 2019 | -1.73 billion BoP, current US$ | +4.5% |
| 2020 | -1.92 billion BoP, current US$ | +10.7% |
| 2021 | -2.05 billion BoP, current US$ | +6.7% |
| 2022 | -1.85 billion BoP, current US$ | -9.9% |
| 2023 | -1.98 billion BoP, current US$ | +7.1% |
| 2024 | -2.00 billion BoP, current US$ | +1.3% |
Malawi compared with similar countries
- Malawi's -2.00 billion BoP, current US$ is below the median for low income countries, which is -688.50 million BoP, current US$, 2.9× the median. (23 countries reporting)
- Malawi's -2.00 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -487.31 million BoP, current US$, 4.1× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods in Malawi changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1994 | -602.7% | -22.78 million BoP, current US$ | -160.09 million BoP, current US$ |
| 1978 | -571.7% | 16.83 million BoP, current US$ | -79.41 million BoP, current US$ |
| 1999 | -424.9% | 38.96 million BoP, current US$ | -126.57 million BoP, current US$ |
| 1984 | +399.9% | 29.96 million BoP, current US$ | 149.78 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -52.56 million BoP, current US$ | -95.12 million BoP, current US$ | 16.83 million BoP, current US$ | 3 |
| 1980s | 57.40 million BoP, current US$ | -27.21 million BoP, current US$ | 149.78 million BoP, current US$ | 10 |
| 1990s | -39.93 million BoP, current US$ | -160.09 million BoP, current US$ | 126.13 million BoP, current US$ | 10 |
| 2000s | -407.84 million BoP, current US$ | -868.51 million BoP, current US$ | -44.30 million BoP, current US$ | 10 |
| 2010s | -1.32 billion BoP, current US$ | -1.73 billion BoP, current US$ | -1.05 billion BoP, current US$ | 10 |
| 2020s | -1.96 billion BoP, current US$ | -2.05 billion BoP, current US$ | -1.85 billion BoP, current US$ | 5 |
Countries ranked near Malawi
- 121 Andorra -1.70 billion BoP, current US$ compare
- 122 Fiji -1.73 billion BoP, current US$ compare
- 123 Hong Kong -1.98 billion BoP, current US$ compare
- 125 Paraguay -2.07 billion BoP, current US$ compare
- 126 Namibia -2.10 billion BoP, current US$ compare
- 127 Botswana -2.20 billion BoP, current US$ compare
More economy & growth data for Malawi
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.6 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 56.42 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.005 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 2.61 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 257.97 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 20.57 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0228 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 11.91 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -29.8 % change on previous year (2020)
Frequently asked questions
- What is net trade in goods in Malawi?
- Net trade in goods in Malawi was -2.00 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Malawi?
- The highest recorded value was 149.78 million BoP, current US$ in 1984.
- What is the lowest net trade in goods recorded in Malawi?
- The lowest recorded value was -2.05 billion BoP, current US$ in 2021.
- How does Malawi rank for net trade in goods?
- Malawi ranks 124th out of 200 countries with data for 2024.
- Is net trade in goods rising or falling in Malawi?
- Over the last ten years it is down 65.1%. 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 (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. 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.