2023
Flag  
GDP
$71.9BCURRENT US$
Rnk 84 / 195
2013-2023
Flag
GDP GROWTH
-4.86%CURRENT US$
Rnk 175 / 195
2023
Flag
 GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC 
$7,829CURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP PC GROWTH
-2.11%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC
$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

Belarus-Malaysia Trade: In 2023, Belarus exported $21.8M to Malaysia. The main products that Belarus exported to Malaysia were Concentrated Milk ($16.6M), Potassic Fertilizers ($2.42M), and Soybean Oil ($1.06M). Over the past 5 years the exports of Belarus to Malaysia have decreased at an annualized rate of 34.7%, from $184M in 2018 to $21.8M in 2023.

In 2014, Belarus exported services to Malaysia worth $42.9k, with Computer and information services ($42.6k) and Government services, n.i.e. ($300) being the largest in terms of value.

Malaysia-Belarus Trade: In 2023, Malaysia exported $112M to Belarus. The main products that Malaysia exported to Belarus were Computers ($78M), Other Electrical Machinery ($33.1M), and Ball Bearings ($401k). Over the past 5 years the exports of Malaysia to Belarus have increased at an annualized rate of 7.74%,  from $61.9M in 2018 to $112M in 2023.

In 2023, Malaysia did not export any services to Belarus.

Comparison: In 2023,  Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B). That same year, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belarus exported $21.8M to Malaysia. The main products exported from Belarus to Malaysia were Concentrated Milk ($16.6M), Potassic Fertilizers ($2.42M), and Soybean Oil ($1.06M). During the last 5 years the exports of Belarus to Malaysia have decreased at an annualized rate of 34.7%, from $184M in 2018 to $21.8M in 2023.

In 2018, Malaysia exported $112M to Belarus. The main products exported from Malaysia to Belarus were Computers ($78M), Other Electrical Machinery ($33.1M), and Ball Bearings ($401k). During the last 5 years the exports of Malaysia to Belarus have increased at an annualized rate of 7.74%, from $61.9M in 2023 to $112M in 2018.

Exports from Belarus (Flag) to Malaysia (Flag) (2023)

Exports from Malaysia (Flag) to Belarus (Flag) (2023)

Latest Data

Trade between Belarus (Flag) and Malaysia (Flag)

Belarus Exports

Malaysia Exports

Market Competitiveness

Color
Belarus
Top Destination
China$2.6B
Malaysia
Top Destination
China$79.8B

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

In 2023, countries that imported more from Belarus than Malaysia included Kazakhstan ($757M), Uzbekistan ($509M), and Lithuania ($302M).

In 2023, countries that imported more from Malaysia than Belarus included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

Difference in imports from Malaysia (Flag) and Belarus (Flag) (2023)

Comparative Advantage Belarus - Malaysia

Flow
Scale

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

During 2023, Belarus had a large net trade with Malaysia in the exports of Animal Products ($17.6M), Chemical Products ($2.99M), and Animal and Vegetable Bi-Products ($1.06M).

During 2018, Malaysia had a large net trade with Belarus in the exports of Machines ($112M), Plastics and Rubbers ($618k), and Foodstuffs ($121k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Malaysia+$4.43MPotassic Fertilizers
Top Product Potential Malaysia Belarus+$1.18MOther Electrical Machinery

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belarus and Malaysia. This means that a dot/product with the flag of Belarus indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over Belarus.

Product Space of Belarus (Flag) and Malaysia (Flag) (2023)

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