Marshall Islands (MHL) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Marshall Islands-Malaysia Trade: In 2022, Marshall Islands exported $1.52M to Malaysia. The main products that Marshall Islands exported to Malaysia were Coconut Oil ($980k) and Large Flat-Rolled Stainless Steel ($537k). Over the past 5 years the exports of Marshall Islands to Malaysia have increased at an annualized rate of 27.8%, from $444k in 2017 to $1.52M in 2022.

In 2022, Marshall Islands did not export any services to Malaysia.

Malaysia-Marshall Islands Trade: In 2022, Malaysia exported $62.6M to Marshall Islands. The main products that Malaysia exported to Marshall Islands were Refined Petroleum ($61.9M), Palm Oil ($198k), and Concentrated Milk ($195k). Over the past 5 years the exports of Malaysia to Marshall Islands have increased at an annualized rate of 122%, from $237k in 2017 to $62.6M in 2022.

In 2022, Malaysia did not export any services to Marshall Islands.

Comparison In 2022, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Marshall Islands exported $1.52M to Malaysia. The main products exported from Marshall Islands to Malaysia were Coconut Oil ($980k) and Large Flat-Rolled Stainless Steel ($537k). During the last 5 years the exports of Marshall Islands to Malaysia have increased at an annualized rate of 27.8%, from $444k in 2017 to $1.52M in 2022.

In 2017, Malaysia exported $62.6M to Marshall Islands. The main products exported from Malaysia to Marshall Islands were Refined Petroleum ($61.9M), Palm Oil ($198k), and Concentrated Milk ($195k). During the last 5 years the exports of Malaysia to Marshall Islands have increased at an annualized rate of 122%, from $237k in 2022 to $62.6M in 2017.

Exports from Marshall Islands () to Malaysia () (2022)

Exports from Malaysia () to Marshall Islands () (2022)

Latest Data

Trade between Marshall Islands () and Malaysia ()

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Marshall Islands
Top DestinationGermany$327M

Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Marshall Islands than Malaysia included Malta ($66.2M).

In 2022, countries that imported more from Malaysia than Marshall Islands included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

Difference in imports from Malaysia () and Marshall Islands () (2022)

Comparative Advantage Marshall Islands - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Marshall Islands had a large net trade with Malaysia in the exports of Animal and Vegetable Bi-Products ($980k) and Metals ($537k).

During 2017, Malaysia had a large net trade with Marshall Islands in the exports of Mineral Products ($61.9M), Animal Products ($204k), and Animal and Vegetable Bi-Products ($198k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Marshall Islands () to Malaysia () (2022)

Exports from Malaysia () to Marshall Islands () (2022)

Latest Data

Trade between Marshall Islands () and Malaysia ()

Malaysia Exports

Market Competitiveness

Difference in imports from Malaysia () and Marshall Islands () (2022)

Comparative Advantage Marshall Islands - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Marshall Islands () and Malaysia () (2022)

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