Market News

Malawi has officially met the required Chinese standards for peanut and soybean exports, opening up new opportunities for local businesses. This milestone follows the signing of the Protocol of Phytosanitary Requirements for the Export of Shelled Peanuts and Soybeans between Malawi and China in September 2024.
According to Kruger Phiri, Director General of the Malawi Investment and Trade Centre (MITC), "This is a major opportunity for Malawian businesses to access the Chinese market, and we urge all interested enterprises to submit their details promptly."
To facilitate the export process, MITC is inviting Malawian enterprises to submit their details for consideration. Enterprises will need to provide basic company details, including company name, address, types of export products, company registration number, and export license number. Additionally, they will need to submit detailed written submissions covering production environment, food safety, pest management, raw material handling, processing, quality control, packaging, and storage.
This new export opportunity is expected to boost Malawi's economy and provide a significant market for local peanut and soybean farmers.
Source: MITC