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2022
Flag → Flag
Exports $1.94MRnk 179 / 218
2022
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Top Product $1.57MComputers
2022
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Exports $16.8kRnk 32 / 73
2022
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Top Product $11.1kSpices
2022
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Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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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 PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Malaysia-Bhutan In 2022, Malaysia exported $1.94M to Bhutan. The main products that Malaysia exported to Bhutan are Computers ($1.57M), Baked Goods ($115k), and Office Machine Parts ($91.6k). During the last 27 years the exports of Malaysia to Bhutan have increased at an annualized rate of 11.1%, from $114k in 1995 to $1.94M in 2022.

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

Bhutan-Malaysia In 2022, Bhutan exported $16.8k to Malaysia. The main products that Bhutan exported to Malaysia were Spices ($11.1k), Vegetable Saps ($5.09k), and Other Vegetables ($558). During the last 27 years the exports of Bhutan to Malaysia have increased at an annualized rate of 7.02%, from $2.68k in 1995 to $16.8k in 2022.

In 2022, Bhutan 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, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR152k and imported MYR1.19k from Bhutan, resulting in a positive trade balance of MYR151k. Between September 2019 and September 2020 the exports of Malaysia have decreased by MYR-317k (-67.6%) from MYR469k to MYR152k, while imports increased by MYR53 (4.67%) from MYR1.13k to MYR1.19k.

Trade In September 2020, the top exports of Malaysia to Bhutan were Computers (MYR549k), Telephones (MYR82.4k), Video Displays (MYR6.2k), and Commodities not elsewhere specified (MYR20). In September 2020 the top imports of Malaysia from Bhutan were Commodities not elsewhere specified (MYR1.89k).

Growth In September 2020, the decrease in Malaysia's year-by-year exports to Bhutan was explained primarily by an decrease in product exports in Commodities not elsewhere specified (MYR-4.97k or -99.6%). In September 2020, the increase in Malaysia's year-by-year imports  from Bhutan was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (September 2019 - September 2020)MYR-317k(-67.6%)
IMPORT GROWTH (September 2019 - September 2020)MYR53(4.67%)

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 Bhutan and Malaysia trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $1.94M to Bhutan. The main products exported from Malaysia to Bhutan were Computers ($1.57M), Baked Goods ($115k), and Office Machine Parts ($91.6k). During the last 27 years the exports of Malaysia to Bhutan have increased at an annualized rate of 11.1%, from $114k in 1995 to $1.94M in 2022.

In 2022, Bhutan exported $16.8k to Malaysia. The main products exported from Bhutan to Malaysia were Spices ($11.1k), Vegetable Saps ($5.09k), and Other Vegetables ($558). During the last 25 years the exports of Bhutan to Malaysia have increased at an annualized rate of 7.02%, from $2.68k in 1997 to $16.8k in 2022.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationN/AN/A
Bhutan
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage Malaysia - Bhutan

Flow
Scale

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

During 2022, Malaysia had a large net trade with Bhutan in the exports of Machines ($1.71M), Foodstuffs ($120k), and Instruments ($68k).

During 2022, Bhutan had a large net trade with Malaysia in the exports of Vegetable Products ($16.8k).

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

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

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