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2023
Flag → Flag
Exports $1.93BRnk 33 / 223
2023
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Top Product $175MPrecious Metal Compounds
2023
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Exports $3.83BRnk 18 / 221
2023
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Top Product $416MBroadcasting Equipment
2023
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Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
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Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
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GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
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GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
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 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
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GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
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GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
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GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
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GDP PC$11,379CURRENT US$
Rnk 85 / 196
2013-2023
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GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

United Kingdom-Malaysia Trade: In 2023, United Kingdom exported $1.93B to Malaysia. The main products that United Kingdom exported to Malaysia were Precious Metal Compounds ($175M), Cars ($124M), and Hard Liquor ($95.8M). Over the past 5 years the exports of United Kingdom to Malaysia have increased at an annualized rate of 2.25%, from $1.72B in 2018 to $1.93B in 2023.

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 2023, Malaysia exported $3.83B to United Kingdom. The main products that Malaysia exported to United Kingdom were Broadcasting Equipment ($416M), Integrated Circuits ($377M), and Inedible Fats and Oils ($191M). Over the past 5 years the exports of Malaysia to United Kingdom have increased at an annualized rate of 11.2%,  from $2.26B in 2018 to $3.83B in 2023.

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 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B). That same year, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £156M and imported £198M from Malaysia, resulting in a negative trade balance of £42.1M. Between November 2023 and November 2024 the exports of United Kingdom have increased by £9.37M (6.41%) from £146M to £156M, while imports increased by £51.2M (34.9%) from £147M to £198M.

Trade In November 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 November 2024 the top imports of United Kingdom from Malaysia were Gas Turbines (£17.1M), Aircraft parts for spacecraft, UAVs, and... (£12M), Rubber Apparel (£9.46M), Telephones (£8.47M), and Orthopedic Appliances (£7.01M).

Origins In November 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£53.2M), Southampton (£36M), Felixstowe (£14.4M), East Midlands Airport (£8.53M), and London Gateway (£8.14M), while imports destinations were mainly Felixstowe (£49.8M), London Gateway (£27.3M), Medway (£23.6M), London Heathrow Airport (£22.2M), and Southampton (£16.4M).

Growth In November 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 November 2024, the increase in United Kingdom's year-by-year imports  from Malaysia was explained primarily by an increase in product imports  in Orthopedic Appliances (£4.49M or 178%), Telephones (£3.47M or 69.6%), and Oscilloscopes (£3.16M or 177%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£9.37M(6.41%)
IMPORT GROWTH (November 2023 - November 2024)£51.2M(34.9%)
MAIN EXPORTER (November 2024)London Heathrow Airport£53.2M

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 2023, United Kingdom exported $1.93B to Malaysia. The main products exported from United Kingdom to Malaysia were Precious Metal Compounds ($175M), Cars ($124M), and Hard Liquor ($95.8M). During the last 5 years the exports of United Kingdom to Malaysia have increased at an annualized rate of 2.25%, from $1.72B in 2018 to $1.93B in 2023.

In 2018, Malaysia exported $3.83B to United Kingdom. The main products exported from Malaysia to United Kingdom were Broadcasting Equipment ($416M), Integrated Circuits ($377M), and Inedible Fats and Oils ($191M). During the last 5 years the exports of Malaysia to United Kingdom have increased at an annualized rate of 11.2%, from $2.26B in 2023 to $3.83B in 2018.

Exports from United Kingdom (Flag) to Malaysia (Flag) (2023)

Exports from Malaysia (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Malaysia
Top DestinationChina$79.8B

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 2023, countries that imported more from United Kingdom than Malaysia included Ireland ($29.1B), Netherlands ($29.8B), and France ($25.8B).

In 2023, countries that imported more from Malaysia than United Kingdom included China ($79.8B), Singapore ($47.3B), and Japan ($19.3B).

Difference in imports from Malaysia (Flag) and United Kingdom (Flag) (2023)

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 2023, United Kingdom had a large net trade with Malaysia in the exports of Machines ($546M), Chemical Products ($336M), and Transportation ($270M).

During 2018, Malaysia had a large net trade with United Kingdom in the exports of Machines ($2.07B), Instruments ($398M), and Animal and Vegetable Bi-Products ($288M).

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) (2023)

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