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Sunday, May 26, 2019

Malawi’s exports up by 9% in 2018 | The Times Group

Malawi’s exports up by 9% in 2018 | The Times Group: Malawi’s exports up by 9% in 2018
Posted By: Tom Sangalaon: May 24, 2019In: BusinessNo Comments
By Chimwemwe Mangazi:

Malawi’s exports grew by nine percent in 2018 after recording an export value of $975. 084 million (about K731.313 billion) when compared to the $889.104 million (about K668. 828 billion) recorded in 2017, latest figures from Trade Map have shown.

Trends from the past five years, however, show that 2018 is the only year that the country has recovered from a downward spiral of the exports where the figures kept on declining year-on-year.

The 2018 figure is 31 percent shy of the $1. 420 billion (about K1.064 trillion) recorded in 2013.

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