Georgia (GEO) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Georgia-Malaysia Trade: In 2023, Georgia exported $33M to Malaysia. The main products that Georgia exported to Malaysia were Hydrogen ($10M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($6.86M), and Precious Metal Ore ($4.83M). Over the past 5 years the exports of Georgia to Malaysia have increased at an annualized rate of 13.9%, from $17.2M in 2018 to $33M in 2023.

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

Malaysia-Georgia Trade: In 2023, Malaysia exported $14.9M to Georgia. The main products that Malaysia exported to Georgia were Electric Heaters ($1.88M), Other Furniture ($1.54M), and Coconut Oil ($1.5M). Over the past 5 years the exports of Malaysia to Georgia have increased at an annualized rate of 1.5%, from $13.8M in 2018 to $14.9M in 2023.

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

Comparison: In 2023, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Georgia exported $33M to Malaysia. The main products exported from Georgia to Malaysia were Hydrogen ($10M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($6.86M), and Precious Metal Ore ($4.83M). During the last 5 years the exports of Georgia to Malaysia have increased at an annualized rate of 13.9%, from $17.2M in 2018 to $33M in 2023.

In 2018, Malaysia exported $14.9M to Georgia. The main products exported from Malaysia to Georgia were Electric Heaters ($1.88M), Other Furniture ($1.54M), and Coconut Oil ($1.5M). During the last 5 years the exports of Malaysia to Georgia have increased at an annualized rate of 1.5%, from $13.8M in 2023 to $14.9M in 2018.

Exports from Georgia () to Malaysia () (2023)

Exports from Malaysia () to Georgia () (2023)

Latest Data

Trade between Georgia () and Malaysia ()

Georgia Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationAzerbaijan$828M

Malaysia
Top DestinationChina$79.8B

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

In 2023, countries that imported more from Georgia than Malaysia included Azerbaijan ($828M), Armenia ($712M), and Kyrgyzstan ($519M).

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

Difference in imports from Malaysia () and Georgia () (2023)

Comparative Advantage Georgia - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Georgia had a large net trade with Malaysia in the exports of Chemical Products ($16.9M), Mineral Products ($9.05M), and Metals ($3.82M).

During 2018, Malaysia had a large net trade with Georgia in the exports of Machines ($3.83M), Animal and Vegetable Bi-Products ($2.29M), and Plastics and Rubbers ($2.05M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Malaysia+$293kMedical Instruments

Top Product Potential Malaysia Georgia+$3.35MTelephones

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Georgia () to Malaysia () (2023)

Exports from Malaysia () to Georgia () (2023)

Latest Data

Trade between Georgia () and Malaysia ()

Georgia Exports

Malaysia Exports

Market Competitiveness

Difference in imports from Malaysia () and Georgia () (2023)

Comparative Advantage Georgia - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Georgia () and Malaysia () (2023)

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