2022
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GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
29.2%CURRENT US$
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2022
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 GDP
$2.01TCURRENT US$
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2012-2022
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GDP GROWTH
-3.67%CURRENT US$
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2022
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GDP PC 
$11,972CURRENT US$
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2012-2022
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GDP PC GROWTH
12.9%CURRENT US$
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2022
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GDP PC
$34,158CURRENT US$
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2012-2022
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GDP PC GROWTH
-2.55%CURRENT US$
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About

Malaysia-Italy In 2022, Malaysia exported $1.99B to Italy. The main products that Malaysia exported to Italy are Palm Oil ($378M), Raw Aluminium ($179M), and Refined Petroleum ($171M). During the last 27 years the exports of Malaysia to Italy have increased at an annualized rate of 3.95%, from $698M in 1995 to $1.99B in 2022.

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

Italy-Malaysia In 2022, Italy exported $1.57B to Malaysia. The main products that Italy exported to Malaysia were Integrated Circuits ($255M), Jewellery ($96M), and Packaged Medicaments ($67.9M). During the last 27 years the exports of Italy to Malaysia have increased at an annualized rate of 1.71%, from $992M in 1995 to $1.57B in 2022.

In 2020, Italy exported services to Malaysia worth $64.6M, with Other business services ($19.2M), Computer and information services ($17.9M), and Communications services ($9.37M) 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $1.99B to Italy. The main products exported from Malaysia to Italy were Palm Oil ($378M), Raw Aluminium ($179M), and Refined Petroleum ($171M). During the last 27 years the exports of Malaysia to Italy have increased at an annualized rate of 3.95%, from $698M in 1995 to $1.99B in 2022.

In 2022, Italy exported $1.57B to Malaysia. The main products exported from Italy to Malaysia were Integrated Circuits ($255M), Jewellery ($96M), and Packaged Medicaments ($67.9M). During the last 27 years the exports of Italy to Malaysia have increased at an annualized rate of 1.71%, from $992M in 1995 to $1.57B in 2022.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Italy
Top Destination
Germany$78.5B

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

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

In 2021, countries that imported more from Italy than Malaysia were Germany ($78.5B), France ($63.8B), and Spain ($32.8B).

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

Comparative Advantage Malaysia - Italy

Flow
Scale

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

During 2022, Malaysia had a large net trade with Italy in the exports of Animal and Vegetable Bi-Products ($566M), Machines ($385M), and Metals ($378M).

During 2022, Italy had a large net trade with Malaysia in the exports of Machines ($709M), Chemical Products ($200M), and Transportation ($112M).

Service Trade

Bilateral Service Trade

In 2020, Italy exported services to Malaysia worth $64.6M, with Other business services ($19.2M), Computer and information services ($17.9M), and Communications services ($9.37M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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