Trade between Russia and Malawi in 2021 based on data from the Federal Customs Service of Russia
Report on foreign trade between Russia and Malawi in 2021: trade turnover, exports, imports, structure, goods, dynamics.
Trade turnover between Russia and Malawi
In 2021, Russia's trade turnover with Malawi amounted to $84,093,929, an increase of 11.03% ($8,357,166) compared to 2020.
Russia's exports to Malawi in 2021 amounted to US$ 9,544,230, a decrease of 18.00% (US$ 2,095,591) compared to 2020.
Russia's imports from Malawi in 2021 amounted to 74,549,699 US dollars, an increase of 16.31% (10,452,757 US dollars) compared to 2020.
The trade balance of Russia with Malawi in 2021 was negative in the amount of 65,005,469 US dollars. Compared to 2020, the negative balance increased by 23.92% ($12,548,348).
The share of Malawi in Russia's foreign trade turnover in 2021 was 0.0107% against 0.0133% in 2020. In terms of the share of Russian trade turnover in 2021, Malawi ranked 134th (in 2020 – 126th).
The share of Malawi in Russia's exports in 2021 was 0.0019% against 0.0035% in 2020. In terms of the share of Russian exports in 2021, Malawi took the 154th place (in 2020 – the 144th place).
The share of Malawi in Russia's imports in 2021 was 0.0254% against 0.0277% in 2020. In terms of the share of Russian imports in 2021, Malawi took 93rd place (in 2020 – 92nd place).
In the structure of Russia's exports to Malawi in 2021 (and in 2020), the main share of deliveries fell on the following types of goods:
• Food products and agricultural raw materials (HS codes 01-24) - 99.81% of the total volume of Russian exports to Malawi (in 2020 – 98.69%);
• Wood and pulp and paper products (HS codes 44-49) - 0.00% of the total volume of Russian exports to Malawi (in 2020 – 1.24%).
The largest increase in Russian exports to Malawi in 2021 compared to 2020 was recorded for the following commodity groups:
• There are no commodity groups with significant growth.
The largest reduction in Russia's exports to Malawi in 2021 compared to 2020 was recorded for the following commodity groups:
• Cereals (HS code 10) - a reduction of 1,961,317 US dollars;
• Wood and wood products; charcoal (HS Code 44) - a reduction of $144,896.
In the structure of Russia's imports from Malawi in 2021 (and in 2020), the main share of deliveries fell on the following types of goods:
• Food products and agricultural raw materials (HS codes 01-24) - 99.99% of the total volume of Russian imports from Malawi (in 2020 – 99.96%).
The largest increase in Russia's imports from Malawi in 2021 compared to 2020 was recorded for the following commodity groups:
• Tobacco and industrial tobacco substitutes (HS code 24) - an increase of $10,759,834.
The largest reduction in Russia's imports from Malawi in 2021 compared to 2020 was recorded for the following commodity groups:
• Sugar and sugar confectionery (HS code 17) - a reduction of 434,403 US dollars.
