Tax: up to 17%
Duties: up to 20%
Restricted items: N/A
Non-working days: Saturday, Sunday, and Public Holidays
Lead times: 4-5 weeks
Best Carrier option: Freight Forwarder or Courier
Prominent Languages: English; Chewa
How TecEx Can Help You Import into Malawi
Despite being one of the poorest countries in the world, Malawi still puts 1% of its GDP towards Research and Development (R&D), one of the highest ratios in Africa. Because of this dedication to R&D, there is potential for the country to develop its science and Tech sectors and foster innovation. However, the country struggles to attract the foreign investment needed to develop its infrastructure and empower the private sector to act as the driver of economic growth.
This could be changing. Malawi has enjoyed political stability for the past decade, unlike their southern neighbor Mozambique. As stability continues, more foreign investors look to this country as a reassuring investment. The government has actively encouraged this, implementing incentives and policies to encourage FDI. The local government has also made moves to improve ICT. These include disbanding previously ineffective authorities and establishing new ones to drive development. Although Malawi remains underdeveloped if successful these efforts could lead to a new Tech Hub in Africa.
Despite encouraging foreign investment, importing into Malawi still comes with significant complexity. TecEx offers expert Importer of record and compliance services into Malawi, helping you achieve seamless, stress-free shipping every time. Contact the TecEx team for a solution tailored to you.
Learn more about importing into Africa here!
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