Hong Kong (HKG) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

About

Hong Kong-Malaysia Trade: In 2023, Hong Kong exported $3.57B to Malaysia. The main products that Hong Kong exported to Malaysia were Integrated Circuits ($753M), Broadcasting Equipment ($420M), and Printed Circuit Boards ($272M). Over the past 5 years the exports of Hong Kong to Malaysia have decreased at an annualized rate of 1.91%, from $3.93B in 2018 to $3.57B in 2023.

In 2023, Hong Kong did not export any services to Malaysia.

Malaysia-Hong Kong Trade: In 2023, Malaysia exported $19.3B to Hong Kong. The main products that Malaysia exported to Hong Kong were Integrated Circuits ($11.7B), Raw Iron Bars ($1.56B), and Refined Petroleum ($954M). Over the past 5 years the exports of Malaysia to Hong Kong have decreased at an annualized rate of 4.06%, from $23.7B in 2018 to $19.3B in 2023.

In 2023, Malaysia did not export any services to Hong Kong.

Comparison: In 2023, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). 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, Hong Kong exported $3.57B to Malaysia. The main products exported from Hong Kong to Malaysia were Integrated Circuits ($753M), Broadcasting Equipment ($420M), and Printed Circuit Boards ($272M). During the last 5 years the exports of Hong Kong to Malaysia have decreased at an annualized rate of 1.91%, from $3.93B in 2018 to $3.57B in 2023.

In 2018, Malaysia exported $19.3B to Hong Kong. The main products exported from Malaysia to Hong Kong were Integrated Circuits ($11.7B), Raw Iron Bars ($1.56B), and Refined Petroleum ($954M). During the last 5 years the exports of Malaysia to Hong Kong have decreased at an annualized rate of 4.06%, from $23.7B in 2023 to $19.3B in 2018.

Exports from Hong Kong () to Malaysia () (2023)

Exports from Malaysia () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Malaysia ()

Hong Kong Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$25.3B

Malaysia
Top DestinationChina$79.8B

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

In 2023, countries that imported more from Hong Kong than Malaysia included Switzerland ($4.86B), Vietnam ($14.4B), and Macau ($2.15B).

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

Difference in imports from Malaysia () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hong Kong had a large net trade with Malaysia in the exports of Machines ($2.39B), Precious Metals ($356M), and Instruments ($276M).

During 2018, Malaysia had a large net trade with Hong Kong in the exports of Machines ($15.4B), Metals ($1.66B), and Mineral Products ($1.04B).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hong Kong Malaysia+$218MIntegrated Circuits

Top Product Potential Malaysia Hong Kong+$327MTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Hong Kong () to Malaysia () (2023)

Exports from Malaysia () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Malaysia ()

Hong Kong Exports

Malaysia Exports

Market Competitiveness

Difference in imports from Malaysia () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Malaysia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Hong Kong () and Malaysia () (2023)

Keep Exploring