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2022
Flag → Flag
Exports $6.68BRnk 15 / 218
2022
Flag → Flag
Top Product $3.4BIntegrated Circuits
2022
Flag → Flag
Exports $445MRnk 42 / 156
2022
Flag → Flag
Top Product $38.3MBroadcasting Equipment
2022
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Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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Economic Complexity (ECI) ECI 1.08Rnk 25 / 133
2022
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GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
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 GDP$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
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GDP GROWTH17.7%CURRENT US$
Rnk 127 / 186
2022
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GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
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GDP PC$11,091CURRENT US$
Rnk 74 / 186
2012-2022
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GDP PC GROWTH6.89%CURRENT US$
Rnk 126 / 186

About

Malaysia-Mexico Trade: In 2022, Malaysia exported $6.68B to Mexico. The main products that Malaysia exported to Mexico were Integrated Circuits ($3.4B), Broadcasting Equipment ($485M), and Office Machine Parts ($365M). Over the past 5 years the exports of Malaysia to Mexico have decreased at an annualized rate of 2.79%, from $7.69B in 2017 to $6.68B in 2022.

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

Mexico-Malaysia Trade: In 2022, Mexico exported $445M to Malaysia. The main products that Mexico exported to Malaysia were Broadcasting Equipment ($38.3M), Integrated Circuits ($36M), and Medical Instruments ($33.9M). Over the past 5 years the exports of Mexico to Malaysia have decreased at an annualized rate of 12%,  from $843M in 2017 to $445M in 2022.

In 2022, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Latest Trends

June, 2024

About

Overview In June 2024, Malaysia exported MYR2.11B and imported MYR246M from Mexico, resulting in a positive trade balance of MYR1.86B. Between June 2023 and June 2024 the exports of Malaysia have increased by MYR277M (15.1%) from MYR1.83B to MYR2.11B, while imports decreased by MYR-2.5M (-1%) from MYR249M to MYR246M.

Trade In June 2024, the top exports of Malaysia to Mexico were Integrated Circuits (MYR913M), Refined Petroleum (MYR163M), Telephones (MYR118M), Electric Batteries (MYR111M), and Nitrogenous Fertilizers (MYR66.5M). In June 2024 the top imports of Malaysia from Mexico were Medical Instruments (MYR23.1M), Telephones (MYR22.3M), Low-voltage Protection Equipment (MYR20.6M), Integrated Circuits (MYR11.9M), and Non-fillet Frozen Fish (MYR7.1M).

Growth In June 2024, the increase in Malaysia's year-by-year exports to Mexico was explained primarily by an increase in product exports in Integrated Circuits (MYR491M or 117%), Electric Batteries (MYR80.4M or 262%), and Raw Aluminium (MYR15.7M or 6.62k%). In June 2024, the decrease in Malaysia's year-by-year imports  from Mexico was explained primarily by an decrease in product imports  in Blank Audio Media (MYR-20.3M or -84.7%), Microphones and Headphones (MYR-8.9M or -83.4%), and Vehicle Bodies (including cabs) for the... (MYR-4.65M or -51.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)MYR277M(15.1%)
IMPORT GROWTH (June 2023 - June 2024)MYR-2.5M(-1%)

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 Mexico and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Mexico and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $6.68B to Mexico. The main products exported from Malaysia to Mexico were Integrated Circuits ($3.4B), Broadcasting Equipment ($485M), and Office Machine Parts ($365M). During the last 5 years the exports of Malaysia to Mexico have decreased at an annualized rate of 2.79%, from $7.69B in 2017 to $6.68B in 2022.

In 2017, Mexico exported $445M to Malaysia. The main products exported from Mexico to Malaysia were Broadcasting Equipment ($38.3M), Integrated Circuits ($36M), and Medical Instruments ($33.9M). During the last 5 years the exports of Mexico to Malaysia have decreased at an annualized rate of 12%, from $843M in 2022 to $445M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Mexico
Top DestinationUnited States$421B

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

In 2022, countries that imported more from Malaysia than Mexico included Singapore ($53.8B), China ($48.5B), and Hong Kong ($21.7B).

In 2022, countries that imported more from Mexico than Malaysia included United States ($421B), Canada ($22.2B), and Spain ($5.41B).

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

Comparative Advantage Malaysia - Mexico

Flow
Scale

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

During 2022, Malaysia had a large net trade with Mexico in the exports of Machines ($5.59B), Metals ($242M), and Instruments ($188M).

During 2017, Mexico had a large net trade with Malaysia in the exports of Machines ($247M), Instruments ($53.5M), and Transportation ($38.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Mexico+$280MIntegrated Circuits
Top Product Potential Mexico Malaysia+$59.8MIntegrated Circuits

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

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

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