India (IND) and Malaysia (MYS) Trade

About

India-Malaysia: In 2018, India exported $6.58B to Malaysia. The main products that India exported to Malaysia are Refined Petroleum ($2.35B), Raw Aluminium ($812M), and Cyclic Hydrocarbons ($422M). During the last 23 years the exports of India to Malaysia have increased at an annualized rate of 11.5%, from $539M in 1995 to $6.58B in 2018.

In 2018, India did not exported services to Malaysia.

Malaysia-India: In 2018, Malaysia exported $9.43B to India . The main products that Malaysia exported to India were Crude Petroleum ($2.07B), Palm Oil ($1.22B), and Copper Wire ($396M). During the last 23 years the exports of India to Malaysia have increased at an annualized rate of 11.5%, from $539M in 1995 to $6.58B in 2018.

In 2018, Malaysia did not exported services to India.

Comparison: In 2018, India ranked 45 in the Economic Complexity Index (ECI 0.57), and 16 in total exports ($326B). That same year, Malaysia ranked 26 in the Economic Complexity Index (ECI 0.97), and 20 in total exports ($270B).

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

In 2018, India exported $6.58B to Malaysia. The main products exported from India to Malaysia were Refined Petroleum ($2.35B), Raw Aluminium ($812M), and Cyclic Hydrocarbons ($422M). During the last 23 years the exports of India to Malaysia have increased at an annualized rate of 11.5%, from $539M in 1995 to $6.58B in 2018.

In 2018, Malaysia exported $9.43B to India. The main products exported from Malaysia to India were Crude Petroleum ($2.07B), Palm Oil ($1.22B), and Copper Wire ($396M). During the last 23 years the exports of Malaysia to India have increased at an annualized rate of 10.7%, from $902M in 1995 to $9.43B in 2018.

Latest Data

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Date

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Market Competitiveness

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Measure

SectionYear

India
Top Destination: United States, $52B

Malaysia
Top Destination: Singapore, $36.8B

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

In 2018, countries that imported more from India than Malaysia were United Arab Emirates ($27.1B), United States ($52B), and United Kingdom ($9.61B).

In 2018, countries that imported more from Malaysia than India were Singapore ($36.8B), China ($36.1B), and Japan ($17.2B).

Comparative Advantage India - Malaysia

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Depth

Year

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

During 2018, India had a large net trade with Malaysia in the exports of Mineral Products ($2.42B), Metals ($1.22B), and Chemical Products ($825M).

During 2018, Malaysia had a large net trade with India in the exports of Mineral Products ($2.46B), Machines ($1.76B), and Metals ($1.69B).

Tariff Section

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Tariffs

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This section shows import tariffs for products traded between India and Malaysia (using the HS6 product classification and the last year reported).

In 2018, the products from India that paid the highest import tariffs to enter Malaysia were Food preparations nes (150%) and Grape wines, sparkling (150%).

In 2016, the products from Malaysia that paid the highest import tariffs to enter India were Tobacco refuse (1.33k%) and Undenatured ethyl alcohol > 80% by volume (898%).

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*The tariffs present between India and Malaysia are:
59: ASEAN India Free Trade Area (ASEAN) Association of Southeast Asian Nations
136: Most Favoured Nation duty rate treatement
153: Preferential tafiff for Malaysia
336: Preferential tariff under (GSTP) Global System of Trade Preferences among Developing Countries

Forecasts

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Trade Forecasts

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This section shows a forecast for total trade between ${linkedName1} and ${linkedName2}. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

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Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to red. This mean that the more blue a dot/product is, the more India has comparative advantage over Malaysia. Similarly, the more red a dot/product is, the more Malaysia has comparative advantage over India.

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage India - Malaysia

Tariff Section

Tariffs

Forecasts

Trade Forecasts

Economic Complexity

Competitive Landscape

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