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Pricing

2022
Flag → Flag
Exports $14.9BRnk 6 / 218
2022
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Top Product $1.97BCrude Petroleum
2022
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Exports $12.7BRnk 5 / 218
2022
Flag → Flag
Top Product $917MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 0.96Rnk 28 / 124
2022
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Economic Complexity (ECI) ECI 0.88Rnk 29 / 124
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$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH24.6%CURRENT US$
Rnk 111 / 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
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GDP PC$6,909CURRENT US$
Rnk 93 / 186
2012-2022
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GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186

About

Malaysia-Thailand In 2022, Malaysia exported $14.9B to Thailand. The main products that Malaysia exported to Thailand are Crude Petroleum ($1.97B), Integrated Circuits ($1.95B), and Petroleum Gas ($1.19B). During the last 27 years the exports of Malaysia to Thailand have increased at an annualized rate of 5.96%, from $3.13B in 1995 to $14.9B in 2022.

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

Thailand-Malaysia In 2022, Thailand exported $12.7B to Malaysia. The main products that Thailand exported to Malaysia were Refined Petroleum ($917M), Motor vehicles; parts and accessories (8701 to 8705) ($897M), and Integrated Circuits ($721M). During the last 27 years the exports of Thailand to Malaysia have increased at an annualized rate of 7.66%, from $1.73B in 1995 to $12.7B in 2022.

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

Comparison In 2022,  Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B).

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR4B and imported MYR3.13B from Thailand, resulting in a positive trade balance of MYR875M. Between September 2019 and September 2020 the exports of Malaysia have decreased by MYR-14.7M (-0.37%) from MYR4.02B to MYR4B, while imports decreased by MYR-413M (-11.7%) from MYR3.54B to MYR3.13B.

Trade In September 2020, the top exports of Malaysia to Thailand were Integrated Circuits (MYR918M), Computers (MYR682M), Crude Petroleum (MYR499M), Petroleum Gas (MYR349M), and Blank Audio Media (MYR202M). In September 2020 the top imports of Malaysia from Thailand were Computers (MYR307M), Motor vehicles; parts and accessories (8701... (MYR275M), Integrated Circuits (MYR246M), Rubber (MYR236M), and Delivery Trucks (MYR167M).

Growth In September 2020, the decrease in Malaysia's year-by-year exports to Thailand was explained primarily by an decrease in product exports in Refined Petroleum (MYR-96.2M or -57.9%), Office Machine Parts (MYR-69.4M or -34.5%), and Semiconductor Devices (MYR-41.4M or -47.5%). In September 2020, the decrease in Malaysia's year-by-year imports  from Thailand was explained primarily by an decrease in product imports  in Refined Petroleum (MYR-167M or -91.6%), Rubber (MYR-91.8M or -28%), and Unsaturated Acyclic Monocarboxylic Acids (MYR-39.9M or -87.6%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (September 2019 - September 2020)MYR-14.7M(-0.37%)
IMPORT GROWTH (September 2019 - September 2020)MYR-413M(-11.7%)

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 Thailand and Malaysia trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $14.9B to Thailand. The main products exported from Malaysia to Thailand were Crude Petroleum ($1.97B), Integrated Circuits ($1.95B), and Petroleum Gas ($1.19B). During the last 27 years the exports of Malaysia to Thailand have increased at an annualized rate of 5.96%, from $3.13B in 1995 to $14.9B in 2022.

In 2022, Thailand exported $12.7B to Malaysia. The main products exported from Thailand to Malaysia were Refined Petroleum ($917M), Motor vehicles; parts and accessories (8701 to 8705) ($897M), and Integrated Circuits ($721M). During the last 27 years the exports of Thailand to Malaysia have increased at an annualized rate of 7.66%, from $1.73B in 1995 to $12.7B in 2022.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Thailand
Top DestinationUnited States$53.4B

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

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

In 2021, countries that imported more from Thailand than Malaysia were United States ($53.4B), Cambodia ($8.63B), and Laos ($4.5B).

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

Comparative Advantage Malaysia - Thailand

Flow
Scale

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

During 2022, Malaysia had a large net trade with Thailand in the exports of Machines ($5.09B), Mineral Products ($3.7B), and Chemical Products ($1.64B).

During 2022, Thailand had a large net trade with Malaysia in the exports of Machines ($3.31B), Transportation ($2.05B), and Plastics and Rubbers ($1.75B).

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 Thailand. Similarly, the more yellow a dot/product is, the more Thailand has comparative advantage over Malaysia.

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

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