2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
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 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Estonia-Malaysia Trade: In 2022, Estonia exported $22.2M to Malaysia. The main products that Estonia exported to Malaysia were Broadcasting Equipment ($7.91M), Oscilloscopes ($1.59M), and Other Paper Machinery ($1.51M). Over the past 5 years the exports of Estonia to Malaysia have increased at an annualized rate of 19.5%, from $9.08M in 2017 to $22.2M in 2022.

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 2022, Malaysia exported $134M to Estonia. The main products that Malaysia exported to Estonia were Cocoa Butter ($35.4M), Air Conditioners ($27.6M), and Integrated Circuits ($11.5M). Over the past 5 years the exports of Malaysia to Estonia have increased at an annualized rate of 15.1%,  from $66.4M in 2017 to $134M in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. That same year, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $22.2M to Malaysia. The main products exported from Estonia to Malaysia were Broadcasting Equipment ($7.91M), Oscilloscopes ($1.59M), and Other Paper Machinery ($1.51M). During the last 5 years the exports of Estonia to Malaysia have increased at an annualized rate of 19.5%, from $9.08M in 2017 to $22.2M in 2022.

In 2017, Malaysia exported $134M to Estonia. The main products exported from Malaysia to Estonia were Cocoa Butter ($35.4M), Air Conditioners ($27.6M), and Integrated Circuits ($11.5M). During the last 5 years the exports of Malaysia to Estonia have increased at an annualized rate of 15.1%, from $66.4M in 2022 to $134M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Malaysia (Flag)

Estonia Exports

Malaysia Exports

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Malaysia
Top Destination
Singapore$53.8B

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 2022, countries that imported more from Estonia than Malaysia included Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

In 2022, countries that imported more from Malaysia than Estonia included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

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 2022, Estonia had a large net trade with Malaysia in the exports of Machines ($14.1M), Instruments ($2.55M), and Wood Products ($874k).

During 2017, Malaysia had a large net trade with Estonia in the exports of Machines ($67.2M), Foodstuffs ($38.5M), and Animal and Vegetable Bi-Products ($8.37M).

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) (2022)

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