Mexico (MEX) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Mexico-Malaysia Trade: In 2023, Mexico exported $649M to Malaysia. The main products that Mexico exported to Malaysia were Broadcasting Equipment ($83.9M), Low-voltage Protection Equipment ($54.4M), and Integrated Circuits ($53.7M). Over the past 5 years the exports of Mexico to Malaysia have increased at an annualized rate of 8.54%, from $431M in 2018 to $649M in 2023.

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

Malaysia-Mexico Trade: In 2023, Malaysia exported $9.86B to Mexico. The main products that Malaysia exported to Mexico were Integrated Circuits ($5.44B), Broadcasting Equipment ($657M), and Office Machine Parts ($625M). Over the past 5 years the exports of Malaysia to Mexico have increased at an annualized rate of 1.4%, from $9.2B in 2018 to $9.86B in 2023.

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

Comparison: In 2023, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B). 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, Mexico exported $649M to Malaysia. The main products exported from Mexico to Malaysia were Broadcasting Equipment ($83.9M), Low-voltage Protection Equipment ($54.4M), and Integrated Circuits ($53.7M). During the last 5 years the exports of Mexico to Malaysia have increased at an annualized rate of 8.54%, from $431M in 2018 to $649M in 2023.

In 2018, Malaysia exported $9.86B to Mexico. The main products exported from Malaysia to Mexico were Integrated Circuits ($5.44B), Broadcasting Equipment ($657M), and Office Machine Parts ($625M). During the last 5 years the exports of Malaysia to Mexico have increased at an annualized rate of 1.4%, from $9.2B in 2023 to $9.86B in 2018.

Exports from Mexico () to Malaysia () (2023)

Exports from Malaysia () to Mexico () (2023)

Latest Data

Trade between Mexico () and Malaysia ()

Mexico Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$456B

Malaysia
Top DestinationChina$79.8B

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

In 2023, countries that imported more from Mexico than Malaysia included United States ($456B), Canada ($33B), and Spain ($6.04B).

In 2023, countries that imported more from Malaysia than Mexico included China ($79.8B), Singapore ($47.3B), and Hong Kong ($19.3B).

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

Comparative Advantage Mexico - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mexico had a large net trade with Malaysia in the exports of Machines ($395M), Transportation ($56M), and Metals ($50.4M).

During 2018, Malaysia had a large net trade with Mexico in the exports of Machines ($8.88B), Instruments ($281M), and Metals ($207M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mexico Malaysia+$59.8MIntegrated Circuits

Top Product Potential Malaysia Mexico+$280MIntegrated Circuits

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

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to Malaysia () (2023)

Exports from Malaysia () to Mexico () (2023)

Latest Data

Trade between Mexico () and Malaysia ()

Mexico Exports

Malaysia Exports

Market Competitiveness

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

Comparative Advantage Mexico - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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