2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH
29.2%CURRENT US$
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2022
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 GDP
$43.1BCURRENT US$
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2012-2022
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GDP GROWTH
59%CURRENT US$
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2022
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GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186
2022
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GDP PC
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
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GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 186

About

Malaysia-Bolivia Trade: In 2022, Malaysia exported $34.7M to Bolivia. The main products that Malaysia exported to Bolivia were Coffee and Tea Extracts ($9.51M), Other Edible Preparations ($3.02M), and Broadcasting Equipment ($2.57M). Over the past 5 years the exports of Malaysia to Bolivia have increased at an annualized rate of 8.64%, from $22.9M in 2017 to $34.7M in 2022.

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

Bolivia-Malaysia Trade: In 2022, Bolivia exported $8.77M to Malaysia. The main products that Bolivia exported to Malaysia were Copper Ore ($4.39M), Planes, Helicopters, and/or Spacecraft ($1.1M), and Borax ($889k). Over the past 5 years the exports of Bolivia to Malaysia have increased at an annualized rate of 8.19%,  from $5.91M in 2017 to $8.77M in 2022.

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

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $34.7M to Bolivia. The main products exported from Malaysia to Bolivia were Coffee and Tea Extracts ($9.51M), Other Edible Preparations ($3.02M), and Broadcasting Equipment ($2.57M). During the last 5 years the exports of Malaysia to Bolivia have increased at an annualized rate of 8.64%, from $22.9M in 2017 to $34.7M in 2022.

In 2017, Bolivia exported $8.77M to Malaysia. The main products exported from Bolivia to Malaysia were Copper Ore ($4.39M), Planes, Helicopters, and/or Spacecraft ($1.1M), and Borax ($889k). During the last 5 years the exports of Bolivia to Malaysia have increased at an annualized rate of 8.19%, from $5.91M in 2022 to $8.77M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Bolivia
Top Destination
India$2.27B

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

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

In 2022, countries that imported more from Bolivia than Malaysia included Argentina ($1.76B), Colombia ($1.06B), and Peru ($885M).

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

Comparative Advantage Malaysia - Bolivia

Flow
Scale

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

During 2022, Malaysia had a large net trade with Bolivia in the exports of Foodstuffs ($14.5M), Machines ($9.07M), and Plastics and Rubbers ($3.51M).

During 2017, Bolivia had a large net trade with Malaysia in the exports of Mineral Products ($5.31M), Transportation ($1.12M), and Metals ($654k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Bolivia+$2.96MTelephones
Top Product Potential Bolivia Malaysia+$518kPotassic Fertilizers

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 Malaysia and Bolivia. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Bolivia. Similarly, a dot/product with the flag of Bolivia indicates it has a comparative advantage over Malaysia.

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

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