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Pricing

2022
Flag → Flag
Exports $109MRnk 97 / 218
2022
Flag → Flag
Top Product $17.2MOther Electrical Machinery
2022
Flag → Flag
Exports $15MRnk 49 / 162
2022
Flag → Flag
Top Product $7.81MCoffee
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 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$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 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
Flag
GDP PC$5,473CURRENT US$
Rnk 107 / 186
2012-2022
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GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Malaysia-Guatemala Trade: In 2022, Malaysia exported $109M to Guatemala. The main products that Malaysia exported to Guatemala were Other Electrical Machinery ($17.2M), Machinery Having Individual Functions ($8.62M), and Rubber Apparel ($7.12M). Over the past 5 years the exports of Malaysia to Guatemala have increased at an annualized rate of 20.4%, from $43.2M in 2017 to $109M in 2022.

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

Guatemala-Malaysia Trade: In 2022, Guatemala exported $15M to Malaysia. The main products that Guatemala exported to Malaysia were Coffee ($7.81M), Rubber ($2.73M), and Nutmeg, mace and cardamons ($1.77M). Over the past 5 years the exports of Guatemala to Malaysia have decreased at an annualized rate of 26.9%,  from $72M in 2017 to $15M in 2022.

In 2022, Guatemala 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, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Latest Trends

June, 2024

About

Overview In June 2024, Malaysia exported MYR41.2M and imported MYR3.22M from Guatemala, resulting in a positive trade balance of MYR38M. Between June 2023 and June 2024 the exports of Malaysia have increased by MYR21M (104%) from MYR20.2M to MYR41.2M, while imports decreased by MYR-16.6M (-83.8%) from MYR19.8M to MYR3.22M.

Trade In June 2024, the top exports of Malaysia to Guatemala were Packaged Medicaments (MYR3.03M), Float Glass (MYR1.45M), Machinery Having Individual Functions (MYR1.38M), Central Heating Boilers (MYR1.29M), and Other Vegetable Oils (MYR1.07M). In June 2024 the top imports of Malaysia from Guatemala were Rubber (MYR1.97M), Nutmeg, mace and cardamons (MYR720k), Styrene Polymers (MYR167k), Scrap Aluminium (MYR165k), and Ethylene Polymers (MYR108k).

Growth In June 2024, the increase in Malaysia's year-by-year exports to Guatemala was explained primarily by an increase in product exports in Machinery Having Individual Functions (MYR1.19M or 630%), Synthetic Rubber (MYR505k or 387%), and Petroleum Jelly (MYR380k or 82.5%). In June 2024, the decrease in Malaysia's year-by-year imports  from Guatemala was explained primarily by an decrease in product imports  in Knit Men's Shirts (MYR-12k or -49.2%) and Knit T-shirts (MYR-11k or -10.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)MYR21M(104%)
IMPORT GROWTH (June 2023 - June 2024)MYR-16.6M(-83.8%)

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 Guatemala and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Guatemala and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $109M to Guatemala. The main products exported from Malaysia to Guatemala were Other Electrical Machinery ($17.2M), Machinery Having Individual Functions ($8.62M), and Rubber Apparel ($7.12M). During the last 5 years the exports of Malaysia to Guatemala have increased at an annualized rate of 20.4%, from $43.2M in 2017 to $109M in 2022.

In 2017, Guatemala exported $15M to Malaysia. The main products exported from Guatemala to Malaysia were Coffee ($7.81M), Rubber ($2.73M), and Nutmeg, mace and cardamons ($1.77M). During the last 5 years the exports of Guatemala to Malaysia have decreased at an annualized rate of 26.9%, from $72M in 2022 to $15M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Guatemala
Top DestinationUnited States$5.23B

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

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

In 2022, countries that imported more from Guatemala than Malaysia included El Salvador ($2.03B), Honduras ($1.58B), and Nicaragua ($1B).

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

Comparative Advantage Malaysia - Guatemala

Flow
Scale

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

During 2022, Malaysia had a large net trade with Guatemala in the exports of Machines ($49.5M), Plastics and Rubbers ($12.9M), and Animal and Vegetable Bi-Products ($9.08M).

During 2017, Guatemala had a large net trade with Malaysia in the exports of Vegetable Products ($9.6M), Plastics and Rubbers ($3.71M), and Metals ($810k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Guatemala+$10.4MRefined Petroleum
Top Product Potential Guatemala Malaysia+$3.95MCoffee

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

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

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