2022
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GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
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 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
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GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186
2022
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GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Malaysia-Hong Kong Trade: In 2022, Malaysia exported $21.7B to Hong Kong. The main products that Malaysia exported to Hong Kong were Integrated Circuits ($12.3B), Refined Petroleum ($1.35B), and Raw Iron Bars ($1.09B). Over the past 5 years the exports of Malaysia to Hong Kong have increased at an annualized rate of 11.6%, from $12.5B in 2017 to $21.7B in 2022.

In 2022, Malaysia did not export any services to Hong Kong.

Hong Kong-Malaysia Trade: In 2022, Hong Kong exported $3.84B to Malaysia. The main products that Hong Kong exported to Malaysia were Integrated Circuits ($1.01B), Broadcasting Equipment ($309M), and Printed Circuit Boards ($196M). Over the past 5 years the exports of Hong Kong to Malaysia have increased at an annualized rate of 1.94%,  from $3.42B in 2017 to $3.84B in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $21.7B to Hong Kong. The main products exported from Malaysia to Hong Kong were Integrated Circuits ($12.3B), Refined Petroleum ($1.35B), and Raw Iron Bars ($1.09B). During the last 5 years the exports of Malaysia to Hong Kong have increased at an annualized rate of 11.6%, from $12.5B in 2017 to $21.7B in 2022.

In 2017, Hong Kong exported $3.84B to Malaysia. The main products exported from Hong Kong to Malaysia were Integrated Circuits ($1.01B), Broadcasting Equipment ($309M), and Printed Circuit Boards ($196M). During the last 5 years the exports of Hong Kong to Malaysia have increased at an annualized rate of 1.94%, from $3.42B in 2022 to $3.84B in 2017.

Exports from Malaysia (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Hong Kong
Top Destination
China$23.4B

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

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

In 2022, countries that imported more from Hong Kong than Malaysia included Switzerland ($4.11B), Israel ($3.07B), and Macau ($2.73B).

Difference in imports from Hong Kong (Flag) and Malaysia (Flag) (2022)

Comparative Advantage Malaysia - Hong Kong

Flow
Scale

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

During 2022, Malaysia had a large net trade with Hong Kong in the exports of Machines ($17.8B), Mineral Products ($1.35B), and Metals ($1.25B).

During 2017, Hong Kong had a large net trade with Malaysia in the exports of Machines ($2.65B), Precious Metals ($324M), and Instruments ($272M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Hong Kong+$327MTelephones
Top Product Potential Hong Kong Malaysia+$218MIntegrated 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 Hong Kong. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Hong Kong. Similarly, a dot/product with the flag of Hong Kong indicates it has a comparative advantage over Malaysia.

Product Space of Malaysia (Flag) and Hong Kong (Flag) (2022)

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