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2022
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Exports $233MRnk 70 / 218
2022
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Top Product $26.1MRubber Apparel
2022
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Exports $156MRnk 44 / 187
2022
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Top Product $62.1MCoffee
2022
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Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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Economic Complexity (ECI) ECI 0.11Rnk 58 / 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$344BCURRENT US$
Rnk 43 / 186
2012-2022
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GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 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$6,630CURRENT US$
Rnk 98 / 186
2012-2022
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GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Malaysia-Colombia In 2022, Malaysia exported $233M to Colombia. The main products that Malaysia exported to Colombia are Rubber Apparel ($26.1M), Broadcasting Equipment ($17.2M), and Glass Working Machines ($14.3M). During the last 27 years the exports of Malaysia to Colombia have increased at an annualized rate of 9.25%, from $21.4M in 1995 to $233M in 2022.

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

Colombia-Malaysia In 2022, Colombia exported $156M to Malaysia. The main products that Colombia exported to Malaysia were Coffee ($62.1M), Coke ($32.3M), and Scrap Aluminium ($15.6M). During the last 27 years the exports of Colombia to Malaysia have increased at an annualized rate of 13.7%, from $4.83M in 1995 to $156M in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR36.8M and imported MYR40.2M from Colombia, resulting in a negative trade balance of MYR3.42M. Between September 2019 and September 2020 the exports of Malaysia have decreased by MYR-22M (-37.5%) from MYR58.8M to MYR36.8M, while imports increased by MYR25.6M (175%) from MYR14.6M to MYR40.2M.

Trade In September 2020, the top exports of Malaysia to Colombia were Large Flat-Rolled Stainless Steel (MYR9.87M), Rubber Apparel (MYR6.2M), Machinery Having Individual Functions (MYR2.03M), Iron Toiletry (MYR2.02M), and Bi-Wheel Vehicle Parts (MYR1.44M). In September 2020 the top imports of Malaysia from Colombia were Coffee (MYR12.8M), Coffee and Tea Extracts (MYR1.89M), Scrap Aluminium (MYR1.11M), Cocoa Beans (MYR932k), and Packaged Medicaments (MYR615k).

Growth In September 2020, the decrease in Malaysia's year-by-year exports to Colombia was explained primarily by an decrease in product exports in Rubber Apparel (MYR-1.96M or -24%), Radio Receivers (MYR-1.18M or -99.5%), and Bi-Wheel Vehicle Parts (MYR-980k or -40.6%). In September 2020, the increase in Malaysia's year-by-year imports  from Colombia was explained primarily by an increase in product imports  in Coffee (MYR10.6M or 476%), Dental Products (MYR197k or 540%), and Other Fruits (MYR25.7k or 1.06k%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (September 2019 - September 2020)MYR-22M(-37.5%)
IMPORT GROWTH (September 2019 - September 2020)MYR25.6M(175%)

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 Colombia and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $233M to Colombia. The main products exported from Malaysia to Colombia were Rubber Apparel ($26.1M), Broadcasting Equipment ($17.2M), and Glass Working Machines ($14.3M). During the last 27 years the exports of Malaysia to Colombia have increased at an annualized rate of 9.25%, from $21.4M in 1995 to $233M in 2022.

In 2022, Colombia exported $156M to Malaysia. The main products exported from Colombia to Malaysia were Coffee ($62.1M), Coke ($32.3M), and Scrap Aluminium ($15.6M). During the last 27 years the exports of Colombia to Malaysia have increased at an annualized rate of 13.7%, from $4.83M in 1995 to $156M in 2022.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Colombia
Top DestinationUnited States$15.6B

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

In 2021, countries that imported more from Malaysia than Colombia were Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2021, countries that imported more from Colombia than Malaysia were Panama ($5.84B), Ecuador ($1.89B), and Chile ($1.63B).

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

Comparative Advantage Malaysia - Colombia

Flow
Scale

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

During 2022, Malaysia had a large net trade with Colombia in the exports of Machines ($93.1M), Plastics and Rubbers ($40.3M), and Chemical Products ($22.7M).

During 2022, Colombia had a large net trade with Malaysia in the exports of Vegetable Products ($62.3M), Mineral Products ($43.6M), and Metals ($29.2M).

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

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

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