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2022
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Exports $389MRnk 55 / 218
2022
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Top Product $48.5MExcavation Machinery
2022
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Exports $205MRnk 47 / 209
2022
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Top Product $37.9MNon-fillet Fresh Fish
2022
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Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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Economic Complexity (ECI) ECI 0.54Rnk 43 / 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$579BCURRENT US$
Rnk 24 / 186
2012-2022
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GDP GROWTH13%CURRENT US$
Rnk 141 / 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$106,149CURRENT US$
Rnk 3 / 186
2012-2022
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GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Malaysia-Norway In 2022, Malaysia exported $389M to Norway. The main products that Malaysia exported to Norway are Excavation Machinery ($48.5M), Surveying Equipment ($33.8M), and Inedible Fats and Oils ($21.2M). During the last 27 years the exports of Malaysia to Norway have increased at an annualized rate of 5.92%, from $82.5M in 1995 to $389M in 2022.

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

Norway-Malaysia In 2022, Norway exported $205M to Malaysia. The main products that Norway exported to Malaysia were Non-fillet Fresh Fish ($37.9M), Mixed Mineral or Chemical Fertilizers ($16M), and Inorganic Salts ($14.8M). During the last 27 years the exports of Norway to Malaysia have increased at an annualized rate of 3.44%, from $82.2M in 1995 to $205M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR50.1M and imported MYR56.4M from Norway, resulting in a negative trade balance of MYR6.25M. Between September 2019 and September 2020 the exports of Malaysia have increased by MYR31.2M (165%) from MYR18.9M to MYR50.1M, while imports decreased by MYR-16.9M (-23.1%) from MYR73.3M to MYR56.4M.

Trade In September 2020, the top exports of Malaysia to Norway were Excavation Machinery (MYR23.3M), Rubber Apparel (MYR5.01M), Other Construction Vehicles (MYR2.35M), Plastic Lids (MYR2.03M), and Brooms (MYR1.71M). In September 2020 the top imports of Malaysia from Norway were Disc Chemicals for Electronics (MYR18.2M), Centrifuges (MYR15.5M), Non-fillet Fresh Fish (MYR15.5M), Manganese Oxides (MYR4.84M), and Gas and Liquid Flow Measuring Instruments (MYR3.94M).

Growth In September 2020, the increase in Malaysia's year-by-year exports to Norway was explained primarily by an increase in product exports in Excavation Machinery (MYR18.7M or 407%), Other Electrical Machinery (MYR1.02M or 19.5k%), and Surveying Equipment (MYR624k or 212%). In September 2020, the decrease in Malaysia's year-by-year imports  from Norway was explained primarily by an decrease in product imports  in Surveying Equipment (MYR-51M or -99.2%), Machinery Having Individual Functions (MYR-8.54M or -90.4%), and Mixed Mineral or Chemical Fertilizers (MYR-5.41M or -77.3%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (September 2019 - September 2020)MYR31.2M(165%)
IMPORT GROWTH (September 2019 - September 2020)MYR-16.9M(-23.1%)

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 Norway 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 $389M to Norway. The main products exported from Malaysia to Norway were Excavation Machinery ($48.5M), Surveying Equipment ($33.8M), and Inedible Fats and Oils ($21.2M). During the last 27 years the exports of Malaysia to Norway have increased at an annualized rate of 5.92%, from $82.5M in 1995 to $389M in 2022.

In 2022, Norway exported $205M to Malaysia. The main products exported from Norway to Malaysia were Non-fillet Fresh Fish ($37.9M), Mixed Mineral or Chemical Fertilizers ($16M), and Inorganic Salts ($14.8M). During the last 27 years the exports of Norway to Malaysia have increased at an annualized rate of 3.44%, from $82.2M in 1995 to $205M in 2022.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Norway
Top DestinationGermany$78.1B

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

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

In 2021, countries that imported more from Norway than Malaysia were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Malaysia - Norway

Flow
Scale

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

During 2022, Malaysia had a large net trade with Norway in the exports of Machines ($201M), Instruments ($57.1M), and Plastics and Rubbers ($38.3M).

During 2022, Norway had a large net trade with Malaysia in the exports of Chemical Products ($50M), Animal Products ($47.3M), and Machines ($38.8M).

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

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

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