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2022
Flag → Flag
Exports $2.03BRnk 33 / 224
2022
Flag → Flag
Top Product $274MPrecious Metal Compounds
2022
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Exports $3.44BRnk 20 / 218
2022
Flag → Flag
Top Product $346MIntegrated Circuits
2022
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Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
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Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
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 PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 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

About

United Kingdom-Malaysia Trade: In 2022, United Kingdom exported $2.03B to Malaysia. The main products that United Kingdom exported to Malaysia were Precious Metal Compounds ($274M), Cars ($253M), and Gas Turbines ($195M). Over the past 5 years the exports of United Kingdom to Malaysia have increased at an annualized rate of 3.02%, from $1.75B in 2017 to $2.03B in 2022.

In 2019, United Kingdom exported services to Malaysia worth $171M, with Insurance services ($108M), Financial services ($48.5M), and Personal, cultural, and recreational services ($14M) being the largest in terms of value.

Malaysia-United Kingdom Trade: In 2022, Malaysia exported $3.44B to United Kingdom. The main products that Malaysia exported to United Kingdom were Integrated Circuits ($346M), Broadcasting Equipment ($272M), and Rubber Apparel ($189M). Over the past 5 years the exports of Malaysia to United Kingdom have increased at an annualized rate of 4.35%,  from $2.34B in 2017 to $3.44B in 2022.

In 2010, Malaysia exported services to United Kingdom worth $1.19B, with Travel ($506M), Other business services ($388M), and Transportation ($208M) being the largest in terms of value.

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Latest Trends

May, 2024

About

Overview In May 2024, United Kingdom exported £139M and imported £147M from Malaysia, resulting in a negative trade balance of £8.86M. Between May 2023 and May 2024 the exports of United Kingdom have increased by £10.6M (8.31%) from £128M to £139M, while imports decreased by £-13.3M (-8.26%) from £161M to £147M.

Trade In May 2024, the top exports of United Kingdom to Malaysia were Cars (£22.5M), Precious Metal Compounds (£16.6M), Recovered Paper (£9.12M), Gas Turbines (£6.12M), and Integrated Circuits (£4.2M). In May 2024 the top imports of United Kingdom from Malaysia were Gas Turbines (£17.1M), Aircraft parts including unmanned craft (£12M), Rubber Apparel (£9.46M), Telephones (£8.47M), and Orthopedic Appliances (£7.01M).

Origins In May 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£52M), Southampton (£26.7M), Felixstowe (£19.6M), East Midlands Airport (£8.02M), and London Gateway (£6.51M), while imports destinations were mainly Felixstowe (£54.8M), London Heathrow Airport (£23.1M), Southampton (£17.2M), London Gateway (£9.73M), and East Midlands Airport (£7.56M).

Growth In May 2024, the increase in United Kingdom's year-by-year exports to Malaysia was explained primarily by an increase in product exports in Precious Metal Compounds (£3.61M or 27.9%), Recovered Paper (£1.68M or 22.6%), and Integrated Circuits (£1.46M or 53.5%). In May 2024, the decrease in United Kingdom's year-by-year imports  from Malaysia was explained primarily by an decrease in product imports  in Rubber Apparel (£-16.7M or -63.8%), Vacuum Cleaners (£-6.95M or -53.7%), and Electric Heaters (£-5.07M or -62.6%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (May 2023 - May 2024)£10.6M(8.31%)
IMPORT GROWTH (May 2023 - May 2024)£-13.3M(-8.26%)
MAIN EXPORTER (May 2024)London Heathrow Airport£52M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Malaysia and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Malaysia and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $2.03B to Malaysia. The main products exported from United Kingdom to Malaysia were Precious Metal Compounds ($274M), Cars ($253M), and Gas Turbines ($195M). During the last 5 years the exports of United Kingdom to Malaysia have increased at an annualized rate of 3.02%, from $1.75B in 2017 to $2.03B in 2022.

In 2017, Malaysia exported $3.44B to United Kingdom. The main products exported from Malaysia to United Kingdom were Integrated Circuits ($346M), Broadcasting Equipment ($272M), and Rubber Apparel ($189M). During the last 5 years the exports of Malaysia to United Kingdom have increased at an annualized rate of 4.35%, from $2.34B in 2022 to $3.44B in 2017.

Exports from United Kingdom (Flag) to Malaysia (Flag) (2022)

Exports from Malaysia (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from United Kingdom than Malaysia included Netherlands ($41.9B), Ireland ($32.6B), and Germany ($40.6B).

In 2022, countries that imported more from Malaysia than United Kingdom included Singapore ($53.8B), Japan ($23.6B), and China ($48.5B).

Difference in imports from Malaysia (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Malaysia

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Malaysia in the exports of Machines ($606M), Chemical Products ($423M), and Transportation ($330M).

During 2017, Malaysia had a large net trade with United Kingdom in the exports of Machines ($1.61B), Instruments ($363M), and Plastics and Rubbers ($285M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Malaysia+$41.8MIntegrated Circuits
Top Product Potential Malaysia United Kingdom+$136MTelephones

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 United Kingdom and Malaysia. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Malaysia (Flag) (2022)

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