2022
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GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH
29.2%CURRENT US$
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2022
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 GDP
$529BCURRENT US$
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2012-2022
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GDP GROWTH
135%CURRENT US$
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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$
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2022
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GDP PC
$104,039CURRENT US$
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2012-2022
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GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Malaysia-Ireland In 2022, Malaysia exported $469M to Ireland. The main products that Malaysia exported to Ireland are Palm Oil ($99.3M), Integrated Circuits ($59.7M), and Broadcasting Equipment ($37.7M). During the last 27 years the exports of Malaysia to Ireland have increased at an annualized rate of 0.21%, from $444M in 1995 to $469M in 2022.

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

Ireland-Malaysia In 2022, Ireland exported $2B to Malaysia. The main products that Ireland exported to Malaysia were Integrated Circuits ($1.65B), Packaged Medicaments ($67.9M), and Planes, Helicopters, and/or Spacecraft ($34.8M). During the last 27 years the exports of Ireland to Malaysia have increased at an annualized rate of 4.43%, from $622M in 1995 to $2B in 2022.

In 2020, Ireland exported services to Malaysia worth $585M, with Other business services ($525M), Travel ($44.5M), and Financial services ($11.4M) being the largest in terms of value.

Comparison In 2022,  Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B). That same year, Ireland ranked 16 in the Economic Complexity Index (ECI 1.28), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $469M to Ireland. The main products exported from Malaysia to Ireland were Palm Oil ($99.3M), Integrated Circuits ($59.7M), and Broadcasting Equipment ($37.7M). During the last 27 years the exports of Malaysia to Ireland have increased at an annualized rate of 0.21%, from $444M in 1995 to $469M in 2022.

In 2022, Ireland exported $2B to Malaysia. The main products exported from Ireland to Malaysia were Integrated Circuits ($1.65B), Packaged Medicaments ($67.9M), and Planes, Helicopters, and/or Spacecraft ($34.8M). During the last 27 years the exports of Ireland to Malaysia have increased at an annualized rate of 4.43%, from $622M in 1995 to $2B in 2022.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Ireland
Top Destination
United States$70.7B

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

In 2021, countries that imported more from Malaysia than Ireland were Singapore ($53.8B), China ($48.5B), and Hong Kong ($21.7B).

In 2021, countries that imported more from Ireland than Malaysia were United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

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

Comparative Advantage Malaysia - Ireland

Flow
Scale

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

During 2022, Malaysia had a large net trade with Ireland in the exports of Machines ($260M), Animal and Vegetable Bi-Products ($103M), and Plastics and Rubbers ($29.9M).

During 2022, Ireland had a large net trade with Malaysia in the exports of Machines ($1.71B), Chemical Products ($118M), and Animal Products ($53.3M).

Service Trade

Bilateral Service Trade

In 2020, Ireland exported services to Malaysia worth $585M, with Other business services ($525M), Travel ($44.5M), and Financial services ($11.4M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Malaysia has comparative advantage over Ireland. Similarly, the more yellow a dot/product is, the more Ireland has comparative advantage over Malaysia.

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

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