Malawi
On this page you will find beneficial information regarding foreign direct investment in / trading with Malawi. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Multiparty Democracy
Population: 20.41 million (2022)
GDP: 13.16 billion USD (2022)
Corporate Tax Rate: 30%
Personal Income Tax Rate: 30.75% - 40%
Major Exports: The top exports of Malawi are Raw Tobacco ($435M), Gold ($225M), Tea ($84.3M), Ground Nuts ($81.4M), and Dried Legumes ($57.5M), exporting mostly to United Arab Emirates ($255M), Belgium ($143M), Tanzania ($72.8M), Kenya ($58.8M), and South Africa ($56.2M).
Major Imports: The top imports of Malawi are Refined Petroleum ($245M), Nitrogenous Fertilizers ($110M), Crude Petroleum ($97.6M), Mixed Mineral or Chemical Fertilizers ($77.5M), and Packaged Medicaments ($75.8M), importing mostly from South Africa ($442M), China ($333M), United Arab Emirates ($240M), India ($132M), and Kuwait ($105M).
Investment Agency: Malawi Investment and Trade Centre
Website: https://www.mitc.mw/
