Malawi is a party to several bilateral, regional, and multilateral trade arrangements which are intended to facilitate trade. The major trade arrangements are with the World Trade Organization (WTO), European Union under Everything but Arms (EBA), Southern Africa (COMESA and SADC). Apart from the WTO, these trade arrangements offer preferential treatment on goods originating from Malawi. In addition, Malawi is also a beneficiary of the Africa Growth and Opportunity Act (AGOA) under which exports to the US enjoy duty and quota free status. In addition, Malawi is also party to bilateral trade agreements with China, Zimbabwe, Japan, South Africa, and Malaysia.
Trade in Malawi is liberalized; however, a few products require import or export licenses due to security and health concerns.
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Malawi produces a wide range of export products with tobacco, tea, and sugar as the traditional export products accounting for over 80% of Malawi’s domestic exports. However, because of export diversification, several non-traditional products have been developed for export. These non-traditional products fall into three categories namely, agriculture, manufactured and other products. Agriculture remains the mainstay of the country’s economy