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Malawi

Malawi ranked No. 171 in total trade value through August with a total of $67.42 million. Exports totaled $16.47 million and Imports totaled $50.95 million, a deficit of $34.48 million.

January – August 2019

Top Trading Ports

Total Trade: $67.42 million

RankPortTotal YTD
1Port of Virginia $36,556,791
2Port of Houston $7,679,358
3Port of Oakland, Calif. $5,477,870
4Port of Newark $3,584,810
5Port of Baltimore, Md. $2,976,491
6Low-Valued Imports and Exports $2,453,994
7Port of Jacksonville, Fla. $1,231,200
8Dulles International Airport, Washington D.C., Va. $1,180,883
9Cleveland’s Hopkins International Airport, Ohio $892,151
10Port of Charleston $861,731

U.S. trade with Malawi rose to $67.42 million through August

Malawi’s trade with the United States rose to $67.42 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 45.38 percent above its total trade during the same time period last year. U.S. exports to Malawi increased 23.25 percent while U.S. imports from Malawi rose 54.34 percent. The U.S. deficit with Malawi was $34.48 million.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Virginia; No. 2 Port of Houston; No. 3 Port of Oakland, Calif.; No. 4 Port of Newark; and No. 5 Port of Baltimore, Md.. During the same period the previous year, the top five were No. 1 Port of Virginia No. 2 Port of Oakland, Calif. No. 3 Port of Newark No. 4 Dulles International Airport, Washington D.C., Va. and No. 5 Low-Valued Imports and Exports. In the current time period, the top five accounted for 83.46 percent of Malawi’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Virginia rose 49.43 percent to $36.56 million.
    Exports rose 9.1 percent to $522,943. Imports rose 50.24 percent to $36.03 million.
  • Trade with No. 2 Port of Houston rose 365.25 percent to $7.68 million.
    Exports rose 603.51 percent to $7.18 million. Imports fell 20.45 percent to $501,386.
  • Trade with No. 3 Port of Oakland, Calif. rose 5.25 percent to $5.48 million.
    Exports fell 98.24 percent to $30,000. Imports rose 55.47 percent to $5.45 million.
  • Trade with No. 4 Port of Newark rose 69.91 percent to $3.58 million.
    Exports rose 99.65 percent to $258,422. Imports rose 67.97 percent to $3.33 million.
  • Trade with No. 5 Port of Baltimore, Md. rose 193.13 percent to $2.98 million.
    Exports fell 72.65 percent to $175,586. Imports rose 650.3 percent to $2.8 million.

Malawi ranked No. 171 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 180.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Malawi by value through August were the categories of Wheat; Low value shipments; Machinery For Tobacco Preparation Nesoi, Part 8478; Computers; and Plastics, respectively. They accounted for 67.58 percent of total exports to Malawi.

The value of the top five categories of U.S. imports from Malawi –– Raw tobacco; Tea; Almonds, walnuts, pistachios, hazelnuts, etc.; Cane, beet sugar, solid form; and Sweaters, pullovers, vests, knit or crocheted –– accounted for 97.14 percent of all inbound shipments.

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

  • Wheat totaled $5.76 million. The previous year, there were no exports in this category.
  • Low value shipments rose 35.8 percent compared to last year to $2.45 million.
  • Machinery For Tobacco Preparation Nesoi, Part 8478 rose 41.97 percent compared to last year to $1.16 million.
  • Computers fell 33.78 percent compared to last year to $1.06 million.
  • Plastics totaled $698,942. The previous year, there were no exports in this category.

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

  • Raw tobacco rose 100.25 percent compared to last year to $27.8 million.
  • Tea rose 7.45 percent compared to last year to $12.4 million.
  • Almonds, walnuts, pistachios, hazelnuts, etc. rose 28.82 percent compared to last year to $6.24 million.
  • Cane, beet sugar, solid form fell 0.42 percent compared to last year to $1.76 million.
  • Sweaters, pullovers, vests, knit or crocheted rose 1658.13 percent compared to last year to $1.29 million.

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.