Overview & Structure

Trade & Economy 

Trade in Malawi is liberalized with import and export licence only required for very few products that have a bearing on security, health, food self-sufficiency, and the protection of infant industries.

Malawi is a member of COMESA (Common Market For Eastern and Southern Africa)SADC (Southern African Development Community), Eastern and Southern Africa Economic Partnership Agreement (ESA-EPA) Configuration and the World Trade Organization (WTO), as well as a beneficiary of the African Growth Opportunities Act (AGOA) and Everything But Arms (EBA) initiative. Malawi has bilateral agreements with South Africa , Zimbabwe , Malaysia, China, India and Mozambique . Further agreements are currently under consideration with Zambia , Tanzania and Mozambique . These, alongside other initiatives such as the Growth Triangle and Spatial Development Initiative, offer considerable opportunities for increasing trade and investment in the region and stimulating growth.

Sectoral Share

Source: Ministry of Finance, Economic Planning and Development 2014 Annual Economic Report

Malawi’s Main Export Commodities in 2013

Commodities

Value (US$’million)

Percent of Total Exports

Tobacco

562.6

46.6

Ores, slag,and ash

136.6

11.3

Sugars and sugar confectionery

114.3

9.5

Coffe, tea and spices

93.3

7.7

Oil Seeds/fruits

77.8

6.4

Edible Vegetables

31.2

2.6

Cotton

24.8

2.1

Wood Products

22.1

1.8

Plastics

20.9

1.7

Edible Fruits

13.9

1.2


Source: National Statistical Office of Malawi and International Trade Centre

 

The main trading partners are South Africa, UK, USA, Germany, Canada, Netherlands, Poland, China, UAE, Switzerland, India, Russia, Mozambique, Portugal, Republic of Korea, Zimbabwe, Zambia, Kenya and Tanzania.