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Malawi

Malawi ranked No. 168 in total trade value through February with a total of $17.23 million. Exports totaled $1.56 million and Imports totaled $15.67 million, a deficit of $14.11 million.

January – February 2019

Top Trading Ports

Total Trade: $17.23 million

RankPortTotal YTD
1Port of Virginia $13,656,150
2Port of Oakland, Calif. $646,677
3Port of Newark $548,065
4Port of Houston $441,482
5Dulles International Airport, Washington D.C., Va. $319,029
6Port of Charleston $298,315
7Port of San Francisco, Calif. $285,981
8Low-Valued Imports and Exports $246,853
9Port of Jacksonville, Fla. $212,800
10Cleveland’s Hopkins International Airport, Ohio $136,021

U.S. trade with Malawi rose to $17.23 million through February

Malawi’s trade with the United States rose to $17.23 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 93.72 percent above its total trade during the same time period last year. Malawi’s exports decreased 29.92 percent while imports rose 135.08 percent. The U.S. deficit with Malawi was $14.11 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Virginia; No. 2 Port of Oakland, Calif.; No. 3 Port of Newark; No. 4 Port of Houston; and No. 5 Dulles International Airport, Washington D.C., Va.. During the same period the previous year, the top five were No. 1 Port of Virginia No. 2 Dulles International Airport, Washington D.C., Va. No. 3 Port of Jacksonville, Fla. No. 4 Port of Baltimore, Md. and No. 5 Port of Houston. In the current time period, the top five accounted for 90.59 percent of Malawi’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Virginia rose 149.42 percent to $13.66 million.
    There were no exports. Imports rose 149.42 percent to $13.66 million.
  • Trade with No. 2 Port of Oakland, Calif. rose 756.89 percent to $646,677.
    There were no exports. Imports rose 756.89 percent to $646,677.
  • Trade with No. 3 Port of Newark rose 108.83 percent to $548,065.
    There were no exports. Imports rose 130.94 percent to $548,065.
  • Trade with No. 4 Port of Houston rose 48.45 percent to $441,482.
    Exports rose 381.33 percent to $441,482. There were no imports.
  • Trade with No. 5 Dulles International Airport, Washington D.C., Va. fell 46.53 percent to $319,029.
    Exports fell 46.53 percent to $319,029. There were no imports.

Malawi ranked No. 168 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 178.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Malawi by value through February were the categories of Plastics; Low value shipments; Machinery For Tobacco Preparation Nesoi, Part 8478; Computers; and Tractors, respectively. They accounted for 64.82 percent of total exports to Malawi.

The value of the top five categories of U.S. imports from Malawi –– Raw tobacco; Tea; Coffee; Sweaters, pullovers, vests, knit or crocheted; and Almonds, walnuts, pistachios, hazelnuts, etc. –– accounted for 98.17 percent of all inbound shipments.

Looking more closely at U.S. exports to Malawi:

  • Plastics totaled $261,376. The previous year, there were no exports in this category.
  • Low value shipments fell 9.72 percent compared to last year to $246,853.
  • Machinery For Tobacco Preparation Nesoi, Part 8478 rose 40.13 percent compared to last year to $245,809.
  • Computers fell 68.63 percent compared to last year to $166,421.
  • Tractors rose 8.82 percent compared to last year to $92,500.

Looking more closely at U.S. imports from Malawi:

  • Raw tobacco rose 234.59 percent compared to last year to $11.76 million.
  • Tea rose 3.21 percent compared to last year to $2.19 million.
  • Coffee rose 119.45 percent compared to last year to $674,894.
  • Sweaters, pullovers, vests, knit or crocheted totaled $406,616. The previous year, there were no imports in this category.
  • Almonds, walnuts, pistachios, hazelnuts, etc. totaled $352,500. The previous year, there were no imports in this category.

In the latest annual figures available, Malawi recorded $90.32 million in trade with the United States. At year’s end, its were Norfolk; Baltimore; Houston; San Francisco; and New York City. Total U.S. exports to Malawi were $ 28.21 million and imports from Malawi were $62.1 million. The U.S. deficit with Malawi was $33.89 million.