2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

India-Malaysia Trade: In 2022, India exported $7.27B to Malaysia. The main products that India exported to Malaysia were Refined Petroleum ($1.59B), Raw Aluminium ($577M), and Frozen Bovine Meat ($504M). Over the past 5 years the exports of India to Malaysia have increased at an annualized rate of 4.36%, from $5.87B in 2017 to $7.27B in 2022.

In 2022, India did not export any services to Malaysia.

Malaysia-India Trade: In 2022, Malaysia exported $13.1B to India. The main products that Malaysia exported to India were Palm Oil ($3.55B), Crude Petroleum ($1.25B), and Computers ($415M). Over the past 5 years the exports of Malaysia to India have increased at an annualized rate of 9.14%,  from $8.43B in 2017 to $13.1B in 2022.

In 2022, Malaysia did not export any services to India.

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $7.27B to Malaysia. The main products exported from India to Malaysia were Refined Petroleum ($1.59B), Raw Aluminium ($577M), and Frozen Bovine Meat ($504M). During the last 5 years the exports of India to Malaysia have increased at an annualized rate of 4.36%, from $5.87B in 2017 to $7.27B in 2022.

In 2017, Malaysia exported $13.1B to India. The main products exported from Malaysia to India were Palm Oil ($3.55B), Crude Petroleum ($1.25B), and Computers ($415M). During the last 5 years the exports of Malaysia to India have increased at an annualized rate of 9.14%, from $8.43B in 2022 to $13.1B in 2017.

Exports from India (Flag) to Malaysia (Flag) (2022)

Exports from Malaysia (Flag) to India (Flag) (2022)

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Malaysia
Top Destination
Singapore$53.8B

This map shows whether countries import more from India or Malaysia. Each country is colored based on the difference in imports they receive from India and Malaysia or the difference in the growth in imports.

In 2022, countries that imported more from India than Malaysia included United States ($82.9B), United Arab Emirates ($31.6B), and Bangladesh ($13.8B).

In 2022, countries that imported more from Malaysia than India included Singapore ($53.8B), China ($48.5B), and Japan ($23.6B).

Difference in imports from Malaysia (Flag) and India (Flag) (2022)

Comparative Advantage India - Malaysia

Flow
Scale

This chart compares trade between India and Malaysia by product, considering products traded by both, India and Malaysia.

During 2022, India had a large net trade with Malaysia in the exports of Mineral Products ($1.89B), Metals ($1.06B), and Chemical Products ($941M).

During 2017, Malaysia had a large net trade with India in the exports of Animal and Vegetable Bi-Products ($4.05B), Machines ($2.28B), and Mineral Products ($1.83B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Malaysia+$1.03BRefined Petroleum
Top Product Potential Malaysia India+$1.33BCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of India and Malaysia. This means that a dot/product with the flag of India indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over India.

Product Space of India (Flag) and Malaysia (Flag) (2022)

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