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2022
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Exports $15.3MRnk 143 / 218
2022
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Top Product $3.68MPassenger and Cargo Ships
2022
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Exports $10.5MRnk 60 / 194
2022
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Top Product $4.43MPackaged Medicaments
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$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 138 / 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$31,284CURRENT US$
Rnk 36 / 186
2012-2022
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GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Malaysia-Cyprus In 2022, Malaysia exported $15.3M to Cyprus. The main products that Malaysia exported to Cyprus are Passenger and Cargo Ships ($3.68M), Rubber Apparel ($2.84M), and Other Furniture ($1.24M). During the last 27 years the exports of Malaysia to Cyprus have decreased at an annualized rate of 3.69%, from $42.1M in 1995 to $15.3M in 2022.

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

Cyprus-Malaysia In 2022, Cyprus exported $10.5M to Malaysia. The main products that Cyprus exported to Malaysia were Packaged Medicaments ($4.43M), Unpackaged Medicaments ($1.82M), and Polyacetals ($957k). During the last 27 years the exports of Cyprus to Malaysia have increased at an annualized rate of 5.87%, from $2.24M in 1995 to $10.5M in 2022.

In 2020, Cyprus exported services to Malaysia worth $8M, with Transportation ($6.85M) and Financial services ($1.14M) being the largest in terms of value.

Comparison In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09),  and 22 in total exports ($378B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR3.53M and imported MYR1.17M from Cyprus, resulting in a positive trade balance of MYR2.36M. Between September 2019 and September 2020 the exports of Malaysia have increased by MYR546k (18.3%) from MYR2.99M to MYR3.53M, while imports decreased by MYR-385k (-24.7%) from MYR1.56M to MYR1.17M.

Trade In September 2020, the top exports of Malaysia to Cyprus were Other Furniture (MYR1.09M), Rubber Apparel (MYR988k), Other Electrical Machinery (MYR693k), Large Flat-Rolled Stainless Steel (MYR597k), and Hormones (MYR293k). In September 2020 the top imports of Malaysia from Cyprus were Unpackaged Medicaments (MYR1.49M), Packaged Medicaments (MYR576k), Copper Plating (MYR505k), Citrus (MYR274k), and Commodities not elsewhere specified (MYR46.1k).

Growth In September 2020, the increase in Malaysia's year-by-year exports to Cyprus was explained primarily by an increase in product exports in Other Furniture (MYR605k or 126%), Rubber Apparel (MYR226k or 29.7%), and Letter Stock (MYR137k or 211%). In September 2020, the decrease in Malaysia's year-by-year imports  from Cyprus was explained primarily by an decrease in product imports  in Citrus (MYR-236k or -46.3%) and Fruit Juice (MYR-12.3k or -31.6%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (September 2019 - September 2020)MYR546k(18.3%)
IMPORT GROWTH (September 2019 - September 2020)MYR-385k(-24.7%)

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 Cyprus 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 $15.3M to Cyprus. The main products exported from Malaysia to Cyprus were Passenger and Cargo Ships ($3.68M), Rubber Apparel ($2.84M), and Other Furniture ($1.24M). During the last 27 years the exports of Malaysia to Cyprus have decreased at an annualized rate of 3.69%, from $42.1M in 1995 to $15.3M in 2022.

In 2022, Cyprus exported $10.5M to Malaysia. The main products exported from Cyprus to Malaysia were Packaged Medicaments ($4.43M), Unpackaged Medicaments ($1.82M), and Polyacetals ($957k). During the last 27 years the exports of Cyprus to Malaysia have increased at an annualized rate of 5.87%, from $2.24M in 1995 to $10.5M in 2022.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Cyprus
Top DestinationHong Kong$482M

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

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

In 2021, countries that imported more from Cyprus than Malaysia were Greece ($471M), Israel ($254M), and Liberia ($255M).

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

Comparative Advantage Malaysia - Cyprus

Flow
Scale

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

During 2022, Malaysia had a large net trade with Cyprus in the exports of Plastics and Rubbers ($3.81M), Transportation ($3.72M), and Machines ($2.77M).

During 2022, Cyprus had a large net trade with Malaysia in the exports of Chemical Products ($6.27M), Plastics and Rubbers ($1.38M), and Metals ($974k).

Service Trade

Bilateral Service Trade

In 2020, Cyprus exported services to Malaysia worth $8M, with Transportation ($6.85M) and Financial services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (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 Cyprus. Similarly, the more yellow a dot/product is, the more Cyprus has comparative advantage over Malaysia.

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

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