2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 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 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 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

Estonia-Malaysia Trade: In 2023, Estonia exported $17.9M to Malaysia. The main products that Estonia exported to Malaysia were Broadcasting Equipment ($3.84M), Oscilloscopes ($1.36M), and Thermostats ($1.33M). Over the past 5 years the exports of Estonia to Malaysia have increased at an annualized rate of 11.8%, from $10.3M in 2018 to $17.9M in 2023.

In 2020, Estonia exported services to Malaysia worth $3.31M, with Computer and information services ($1.14M), Travel ($1.03M), and Other business services ($685k) being the largest in terms of value.

Malaysia-Estonia Trade: In 2023, Malaysia exported $147M to Estonia. The main products that Malaysia exported to Estonia were Cocoa Butter ($27.6M), Integrated Circuits ($22.5M), and Air Conditioners ($21.2M). Over the past 5 years the exports of Malaysia to Estonia have increased at an annualized rate of 4.86%,  from $116M in 2018 to $147M in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $17.9M to Malaysia. The main products exported from Estonia to Malaysia were Broadcasting Equipment ($3.84M), Oscilloscopes ($1.36M), and Thermostats ($1.33M). During the last 5 years the exports of Estonia to Malaysia have increased at an annualized rate of 11.8%, from $10.3M in 2018 to $17.9M in 2023.

In 2018, Malaysia exported $147M to Estonia. The main products exported from Malaysia to Estonia were Cocoa Butter ($27.6M), Integrated Circuits ($22.5M), and Air Conditioners ($21.2M). During the last 5 years the exports of Malaysia to Estonia have increased at an annualized rate of 4.86%, from $116M in 2023 to $147M in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Malaysia (Flag)

Estonia Exports

Malaysia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Malaysia
Top Destination
China$79.8B

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

In 2023, countries that imported more from Estonia than Malaysia included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

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

Comparative Advantage Estonia - Malaysia

Flow
Scale

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

During 2023, Estonia had a large net trade with Malaysia in the exports of N/A.

During 2018, Malaysia had a large net trade with Estonia in the exports of Machines ($73.3M), Foodstuffs ($36.2M), and Animal and Vegetable Bi-Products ($18.5M).

Economic Complexity

Competitive Landscape

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

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

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