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2022
Flag → Flag
Exports $413MRnk 54 / 218
2022
Flag → Flag
Top Product $85.3MPalm Oil
2022
Flag → Flag
Exports $74.9MRnk 16 / 171
2022
Flag → Flag
Top Product $159MAcyclic Alcohols
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186

About

Malaysia-Oman Trade: In 2022, Malaysia exported $413M to Oman. The main products that Malaysia exported to Oman were Palm Oil ($85.3M), Refined Petroleum ($78.5M), and Polycarboxylic Acids ($67M). Over the past 5 years the exports of Malaysia to Oman have increased at an annualized rate of 9.8%, from $259M in 2017 to $413M in 2022.

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

Oman-Malaysia In N/A, Oman did not export any products to Malaysia.

In 2022, Oman 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, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Latest Trends

June, 2024

About

Overview In June 2024, Malaysia exported MYR55.8M and imported MYR162M from Oman, resulting in a negative trade balance of MYR106M. Between June 2023 and June 2024 the exports of Malaysia have decreased by MYR-20.1M (-26.5%) from MYR76M to MYR55.8M, while imports increased by MYR65.6M (68%) from MYR96.5M to MYR162M.

Trade In June 2024, the top exports of Malaysia to Oman were Palm Oil (MYR28.6M), Valves (MYR6.97M), Machinery Having Individual Functions (MYR5.56M), Commodities not elsewhere specified (MYR5.25M), and Air Conditioners (MYR3.74M). In June 2024 the top imports of Malaysia from Oman were Raw Aluminium (MYR106M), Acyclic Alcohols (MYR67.4M), Semi-Finished Iron (MYR55.4M), Ethylene Polymers (MYR12.5M), and Molluscs (MYR5.55M).

Growth In June 2024, the decrease in Malaysia's year-by-year exports to Oman was explained primarily by an decrease in product exports in Palm Oil (MYR-11.2M or -28.1%), Air Conditioners (MYR-4.58M or -55%), and Electrical Control Boards (MYR-1.42M or -96.4%). In June 2024, the increase in Malaysia's year-by-year imports  from Oman was explained primarily by an increase in product imports  in Raw Aluminium (MYR93.7M or 771%), Acyclic Alcohols (MYR42.8M or 174%), and Ethylene Polymers (MYR7.97M or 177%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)MYR-20.1M(-26.5%)
IMPORT GROWTH (June 2023 - June 2024)MYR65.6M(68%)

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 Oman and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Oman and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $413M to Oman. The main products exported from Malaysia to Oman were Palm Oil ($85.3M), Refined Petroleum ($78.5M), and Polycarboxylic Acids ($67M). During the last 5 years the exports of Malaysia to Oman have increased at an annualized rate of 9.8%, from $259M in 2017 to $413M in 2022.

Oman does not register exports to Malaysia. The main products exported from Oman to Malaysia were Acyclic Alcohols ($159M), Refined Petroleum ($153M), and Raw Aluminium ($96.1M).

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Malaysia than Oman included Singapore ($53.8B), United States ($44.2B), and Hong Kong ($21.7B).

In 2022, countries that imported more from Oman than Malaysia included Saudi Arabia ($2.4B), Qatar ($1.09B), and Mauritius ($544M).

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

Comparative Advantage Malaysia - Oman

Flow
Scale

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

During 2022, Malaysia had a large net trade with Oman in the exports of Animal and Vegetable Bi-Products ($95.7M), Mineral Products ($81.4M), and Chemical Products ($81.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Oman+$75.1MRefined Petroleum
Top Product Potential Oman Malaysia+$101MCrude Petroleum

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

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

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