Malawi Investment and Trade Centre (Mitc) says it has identified regional and overseas export markets for agricultural products such as soya beans (69 900 metric tonnes (MT), groundnuts (33 140MT), beans (97 515 MT), sunflower (13 000MT), coffee (11 000 MT) and tomato (720 MT).
According to MITC’s market potential scale, Malawi has 70% potential to export Black Tea, seconded by 52% potential to export dried/shelled legumes, followed by 43% potential in exports of Soya bean Oil-cake. The potential weighed herein is for the global market, while the Legumes Development Trust (LDT) has said that the Covid-19 travel restrictions have affected export markets, therefore markets of the commodity are lacking.
There is hope for the sector as recently, the Malawi Government signed a 5 years Nandolo (Pigeon Pea) export deal with the Government of India. The development follows after the country’s capital city will be exporting maize, maize flour, sugar, rice, groundnuts and beans to Juba, South Sudan, courtesy of a trade deal signed between the two countries, aimed at easing the deficit of cereals in South Sudan.