Limited Trade Activity for Steel Sections Between US and Malawi
Recent trade data indicates minimal activity in the export of 'Other angles, shapes and sections, not further worked than hot-rolled, hot-drawn or extruded' (HS Code: 7216.50) from the United States to Malawi, with no significant shipments recorded in the past quarter.
October 2023
Impact: The lack of trade in this category suggests limited demand or supply chain constraints between the two countries, potentially affecting US exporters seeking new markets in Africa.
US Steel Exports to Africa Show Slow Growth, Malawi Yet to Engage
A report by the US International Trade Commission highlights slow growth in steel product exports to African nations, with Malawi not listed as a key importer of steel sections under HS Code 7216.50 from the US.
August 2023
Impact: This indicates a potential missed opportunity for trade development between the US and Malawi in the steel sector, possibly due to infrastructure or economic constraints in Malawi.
Malawi's Construction Sector Growth May Spur Future Steel Imports
Malawi's construction industry is showing signs of growth, which could lead to increased demand for steel products, including angles and sections under HS Code 7216.50, though current imports from the US remain negligible.
June 2023
Impact: Future trade opportunities may emerge for US exporters if Malawi's infrastructure projects scale up, though current trade in this category remains insignificant.
