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2022
Flag → Flag
Exports $292MRnk 64 / 218
2022
Flag → Flag
Top Product $68MPalm Oil
2022
Flag → Flag
Exports $325MRnk 46 / 218
2022
Flag → Flag
Top Product $26.9MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
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$395BCURRENT US$
Rnk 39 / 186
2012-2022
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GDP GROWTH20.9%CURRENT US$
Rnk 120 / 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$66,983CURRENT US$
Rnk 10 / 186
2012-2022
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GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Malaysia-Denmark Trade: In 2022, Malaysia exported $292M to Denmark. The main products that Malaysia exported to Denmark were Palm Oil ($68M), Electrical Control Boards ($27.3M), and Orthopedic Appliances ($22.1M). Over the past 5 years the exports of Malaysia to Denmark have increased at an annualized rate of 8.35%, from $196M in 2017 to $292M in 2022.

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

Denmark-Malaysia Trade: In 2022, Denmark exported $325M to Malaysia. The main products that Denmark exported to Malaysia were Packaged Medicaments ($26.9M), Enzymes ($24.4M), and Other Edible Preparations ($23.8M). Over the past 5 years the exports of Denmark to Malaysia have increased at an annualized rate of 4.02%,  from $237M in 2017 to $325M in 2022.

In 2020, Denmark exported services to Malaysia worth $224M, with Transportation ($192M), Other business services ($12.6M), and Computer and information services ($6.74M) being the largest in terms of value.

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Latest Trends

June, 2024

About

Overview In June 2024, Malaysia exported MYR74.2M and imported MYR109M from Denmark, resulting in a negative trade balance of MYR34.8M. Between June 2023 and June 2024 the exports of Malaysia have increased by MYR8.34M (12.7%) from MYR65.9M to MYR74.2M, while imports decreased by MYR-7.79M (-6.67%) from MYR117M to MYR109M.

Trade In June 2024, the top exports of Malaysia to Denmark were Palm Oil (MYR21.7M), Electrical Control Boards (MYR11.7M), Air Conditioners (MYR8.51M), Fuel Wood (MYR7.45M), and Orthopedic Appliances (MYR4.75M). In June 2024 the top imports of Malaysia from Denmark were Packaged Medicaments (MYR10.5M), Pig Meat (MYR9.32M), Commodities not elsewhere specified (MYR9.24M), Enzymes (MYR8.75M), and Other Edible Preparations (MYR8.69M).

Growth In June 2024, the increase in Malaysia's year-by-year exports to Denmark was explained primarily by an increase in product exports in Palm Oil (MYR11.1M or 106%), Air Conditioners (MYR6M or 238%), and Electrical Control Boards (MYR3.99M or 51.6%). In June 2024, the decrease in Malaysia's year-by-year imports  from Denmark was explained primarily by an decrease in product imports  in Other Edible Preparations (MYR-3.34M or -27.8%), Malt Extract (MYR-2.21M or -22.1%), and Butter (MYR-2.05M or -52.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)MYR8.34M(12.7%)
IMPORT GROWTH (June 2023 - June 2024)MYR-7.79M(-6.67%)

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 Denmark and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Denmark and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $292M to Denmark. The main products exported from Malaysia to Denmark were Palm Oil ($68M), Electrical Control Boards ($27.3M), and Orthopedic Appliances ($22.1M). During the last 5 years the exports of Malaysia to Denmark have increased at an annualized rate of 8.35%, from $196M in 2017 to $292M in 2022.

In 2017, Denmark exported $325M to Malaysia. The main products exported from Denmark to Malaysia were Packaged Medicaments ($26.9M), Enzymes ($24.4M), and Other Edible Preparations ($23.8M). During the last 5 years the exports of Denmark to Malaysia have increased at an annualized rate of 4.02%, from $237M in 2022 to $325M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Denmark
Top DestinationGermany$18.9B

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

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

In 2022, countries that imported more from Denmark than Malaysia included Sweden ($11.6B), Germany ($18.9B), and Norway ($6.53B).

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

Comparative Advantage Malaysia - Denmark

Flow
Scale

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

During 2022, Malaysia had a large net trade with Denmark in the exports of Machines ($103M), Animal and Vegetable Bi-Products ($73.7M), and Instruments ($32.3M).

During 2017, Denmark had a large net trade with Malaysia in the exports of Chemical Products ($80M), Machines ($59M), and Animal Products ($54.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Denmark+$23.4MIntegrated Circuits
Top Product Potential Denmark Malaysia+$20.4MPackaged Medicaments

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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Bilateral Service Trade

In 2020, Denmark exported services to Malaysia worth $224M, with Transportation ($192M), Other business services ($12.6M), and Computer and information services ($6.74M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Denmark (Flag) to Malaysia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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