Macadamia (Macadamia integrifolia) nuts have become an essential commodity crop in Malawi. The nuts are a lucrative commodity and are used for household consumption and income generation among farming families and as a foreign exchange earning crop at country-level. In addition, macadamia production has increased significantly in recent years in the country. Currently, Malawi is the seventh top producer of macadamia nuts, with a global market share of three percent (1,846 metric tonnes on kernel basis). In 2018, exports of macadamia kernel had a value of US$24.3 million (£19.8 million or MKW 18.01 billion). However, the bulk (85%) of the crop is grown on large commercial plantations, but the smallholder sector is emerging as vital for the future growth of the macadamia sub-sector in Malawi. Furthermore, Malawian smallholders consider macadamia production to be a low-input crop with large returns per unit area (US$14.37 kg^-1ha^-1 or MKW 10,701kg^-1ha^-1) thus a lucrative crop with high potential for poverty reduction and wealth creation among these farming families. This paper, therefore, explores: (i) the historical and current trends in macadamia nut production in Malawi; (ii) analyses the country’s macadamia value chain and (iii) discusses the constraints of macadamia production in Malawi for informed policymaking. Thus, the synthesis of the Malawian macadamia sub-sector provides an understanding of the vital contributions of macadamias to Malawi’s economic growth and improvement of livelihoods.