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2022
Flag → Flag
Exports $266MRnk 66 / 218
2022
Flag → Flag
Top Product $32.9MNitrogenous Fertilizers
2022
Flag → Flag
Exports $305MRnk 29 / 185
2022
Flag → Flag
Top Product $144MRefined Copper
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Malaysia-Chile Trade: In 2022, Malaysia exported $266M to Chile. The main products that Malaysia exported to Chile were Nitrogenous Fertilizers ($32.9M), Rubber Apparel ($19.5M), and Other Furniture ($17.7M). Over the past 5 years the exports of Malaysia to Chile have increased at an annualized rate of 3.57%, from $223M in 2017 to $266M in 2022.

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

Chile-Malaysia Trade: In 2022, Chile exported $305M to Malaysia. The main products that Chile exported to Malaysia were Refined Copper ($144M), Copper Ore ($56.8M), and Non-fillet Frozen Fish ($19.5M). Over the past 5 years the exports of Chile to Malaysia have increased at an annualized rate of 4.77%,  from $200M in 2017 to $305M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Latest Trends

June, 2024

About

Overview In June 2024, Malaysia exported MYR37.7M and imported MYR90.5M from Chile, resulting in a negative trade balance of MYR52.9M. Between June 2023 and June 2024 the exports of Malaysia have decreased by MYR-21.3M (-36.2%) from MYR59M to MYR37.7M, while imports decreased by MYR-170M (-65.2%) from MYR260M to MYR90.5M.

Trade In June 2024, the top exports of Malaysia to Chile were Margarine (MYR5.36M), Other Rubber Products (MYR3.25M), Other Furniture (MYR3.14M), Electric Heaters (MYR2.46M), and Scented Mixtures (MYR2.19M). In June 2024 the top imports of Malaysia from Chile were Refined Copper (MYR11.3M), Non-fillet Frozen Fish (MYR9.5M), Fish Fillets (MYR5.65M), Borax (MYR4.34M), and Sulfate Chemical Woodpulp (MYR2.25M).

Growth In June 2024, the decrease in Malaysia's year-by-year exports to Chile was explained primarily by an decrease in product exports in Large Flat-Rolled Stainless Steel (MYR-9.17M or -89.3%), Other Furniture (MYR-6.42M or -67.1%), and Rubber Apparel (MYR-5.84M or -77.7%). In June 2024, the decrease in Malaysia's year-by-year imports  from Chile was explained primarily by an decrease in product imports  in Refined Copper (MYR-30.2M or -72.7%), Sawn Wood (MYR-5.91M or -83.5%), and Non-fillet Frozen Fish (MYR-1.13M or -10.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)MYR-21.3M(-36.2%)
IMPORT GROWTH (June 2023 - June 2024)MYR-170M(-65.2%)

This section shows exports and imports data at subnational level for Malaysia. Click any date in the line plot or any product to explore the exports or imports behavior of Malaysia over time.

To check Chile and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Chile and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $266M to Chile. The main products exported from Malaysia to Chile were Nitrogenous Fertilizers ($32.9M), Rubber Apparel ($19.5M), and Other Furniture ($17.7M). During the last 5 years the exports of Malaysia to Chile have increased at an annualized rate of 3.57%, from $223M in 2017 to $266M in 2022.

In 2017, Chile exported $305M to Malaysia. The main products exported from Chile to Malaysia were Refined Copper ($144M), Copper Ore ($56.8M), and Non-fillet Frozen Fish ($19.5M). During the last 5 years the exports of Chile to Malaysia have increased at an annualized rate of 4.77%, from $200M in 2022 to $305M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from Malaysia than Chile included Singapore ($53.8B), United States ($44.2B), and Hong Kong ($21.7B).

In 2022, countries that imported more from Chile than Malaysia included Brazil ($4.55B), Peru ($1.84B), and Bolivia ($1.21B).

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

Comparative Advantage Malaysia - Chile

Flow
Scale

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

During 2022, Malaysia had a large net trade with Chile in the exports of Machines ($53.5M), Chemical Products ($51.6M), and Animal and Vegetable Bi-Products ($37.4M).

During 2017, Chile had a large net trade with Malaysia in the exports of Metals ($149M), Mineral Products ($76.5M), and Animal Products ($23.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Chile+$18.7MTelephones
Top Product Potential Chile Malaysia+$41.5MRefined Copper

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

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

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