2022
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GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
29.2%CURRENT US$
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2022
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$281BCURRENT US$
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GDP GROWTH
8.73%CURRENT US$
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$11,972CURRENT US$
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GDP PC GROWTH
12.9%CURRENT US$
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GDP PC
$50,537CURRENT US$
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GDP PC GROWTH
5.93%CURRENT US$
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About

Malaysia-Finland Trade: In 2022, Malaysia exported $436M to Finland. The main products that Malaysia exported to Finland were Integrated Circuits ($110M), Rubber ($36.4M), and Rubber Apparel ($32.5M). Over the past 5 years the exports of Malaysia to Finland have increased at an annualized rate of 18.2%, from $189M in 2017 to $436M in 2022.

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

Finland-Malaysia Trade: In 2022, Finland exported $237M to Malaysia. The main products that Finland exported to Malaysia were Raw Aluminium ($17.9M), Sulfates ($16M), and Copper Plating ($14.2M). Over the past 5 years the exports of Finland to Malaysia have increased at an annualized rate of 7.05%,  from $169M in 2017 to $237M in 2022.

In 2020, Finland exported services to Malaysia worth $74.2M, with Computer and information services ($38.8M), Other business services ($16M), and Royalties and license fees ($12.6M) 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $436M to Finland. The main products exported from Malaysia to Finland were Integrated Circuits ($110M), Rubber ($36.4M), and Rubber Apparel ($32.5M). During the last 5 years the exports of Malaysia to Finland have increased at an annualized rate of 18.2%, from $189M in 2017 to $436M in 2022.

In 2017, Finland exported $237M to Malaysia. The main products exported from Finland to Malaysia were Raw Aluminium ($17.9M), Sulfates ($16M), and Copper Plating ($14.2M). During the last 5 years the exports of Finland to Malaysia have increased at an annualized rate of 7.05%, from $169M in 2022 to $237M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Finland
Top Destination
Germany$9.99B

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

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

In 2022, countries that imported more from Finland than Malaysia included Sweden ($9.1B), Estonia ($3.58B), and Norway ($2.35B).

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

Comparative Advantage Malaysia - Finland

Flow
Scale

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

During 2022, Malaysia had a large net trade with Finland in the exports of Machines ($237M), Plastics and Rubbers ($78M), and Metals ($62.8M).

During 2017, Finland had a large net trade with Malaysia in the exports of Machines ($53.7M), Metals ($49.7M), and Chemical Products ($45.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Finland+$36.7MIntegrated Circuits
Top Product Potential Finland Malaysia+$7.09MIntegrated 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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Bilateral Service Trade

In 2020, Finland exported services to Malaysia worth $74.2M, with Computer and information services ($38.8M), Other business services ($16M), and Royalties and license fees ($12.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Finland (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 Finland. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Finland. Similarly, a dot/product with the flag of Finland indicates it has a comparative advantage over Malaysia.

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

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