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2023
Flag → Flag
Exports $131MRnk 86 / 221
2023
Flag → Flag
Top Product $103MPalm Oil
2023
Flag → Flag
Exports $14.8MRnk 14 / 120
2023
Flag → Flag
Top Product $6.95MRaw Cotton
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.43Rnk 83 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$19.7BCURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP GROWTH57.2%CURRENT US$
Rnk 59 / 195
2023
Flag
GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC$1,394CURRENT US$
Rnk 168 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 104 / 195

About

Malaysia-Benin Trade: In 2023, Malaysia exported $131M to Benin. The main products that Malaysia exported to Benin were Palm Oil ($103M), Malt Extract ($12.9M), and Concentrated Milk ($4.15M). Over the past 5 years the exports of Malaysia to Benin have decreased at an annualized rate of 1.01%, from $138M in 2018 to $131M in 2023.

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

Benin-Malaysia Trade: In 2023, Benin exported $14.8M to Malaysia. The main products that Benin exported to Malaysia were Raw Cotton ($6.95M), Other Pure Vegetable Oils ($6.5M), and Soybeans ($497k). Over the past 5 years the exports of Benin to Malaysia have increased at an annualized rate of 20.3%,  from $5.87M in 2018 to $14.8M in 2023.

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

Comparison: In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B). That same year, Benin ranked 83 in the Economic Complexity Index (ECI -0.43), and 146 in total exports ($1.93B).

Latest Trends

N/A

About

Overview In N/A, Malaysia exported MYRN/A and imported MYRN/A from Benin, resulting in a N/A trade balance of MYRN/A. Between N/A and N/A the exports of Malaysia have N/A by MYRN/A (N/A) from MYRN/A to MYRN/A, while imports N/A by MYRN/A (N/A) from MYRN/A to MYRN/A.

Trade In N/A, the top exports of Malaysia to Benin were Palm Oil (MYR47.4M), Malt Extract (MYR2.38M), Soap (MYR1.63M), Concentrated Milk (MYR552k), and Carbonates (MYR331k). In N/A the top imports of Malaysia from Benin were .

Growth In N/A, the N/A in Malaysia's year-by-year exports to Benin was explained primarily by an decrease in product exports in Palm Oil (MYR-13.7M or -22.4%), Malt Extract (MYR-1.83M or -43.5%), and Metal Molds (MYR-77.4k or -57.8%). In N/A, the N/A in Malaysia's year-by-year imports  from Benin was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Malaysia. Click any date in the line plot or any product to explore the exports or imports behavior of Malaysia over time.

To check Benin and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Benin and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $131M to Benin. The main products exported from Malaysia to Benin were Palm Oil ($103M), Malt Extract ($12.9M), and Concentrated Milk ($4.15M). During the last 5 years the exports of Malaysia to Benin have decreased at an annualized rate of 1.01%, from $138M in 2018 to $131M in 2023.

In 2018, Benin exported $14.8M to Malaysia. The main products exported from Benin to Malaysia were Raw Cotton ($6.95M), Other Pure Vegetable Oils ($6.5M), and Soybeans ($497k). During the last 5 years the exports of Benin to Malaysia have increased at an annualized rate of 20.3%, from $5.87M in 2023 to $14.8M in 2018.

Exports from Malaysia (Flag) to Benin (Flag) (2023)

Exports from Benin (Flag) to Malaysia (Flag) (2023)

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Benin
Top DestinationUnited Arab Emirates$803M

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

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

In 2023, countries that imported more from Benin than Malaysia included Chad ($36.7M) and Mali ($4.67M).

Difference in imports from Benin (Flag) and Malaysia (Flag) (2023)

Comparative Advantage Malaysia - Benin

Flow
Scale

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

During 2023, Malaysia had a large net trade with Benin in the exports of Animal and Vegetable Bi-Products ($104M), Foodstuffs ($13M), and Chemical Products ($4.37M).

During 2018, Benin had a large net trade with Malaysia in the exports of Textiles ($6.97M), Animal and Vegetable Bi-Products ($6.5M), and Vegetable Products ($673k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Benin+$3.23MRefined Petroleum
Top Product Potential Benin Malaysia+$2.28MRaw Cotton

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

Product Space of Malaysia (Flag) and Benin (Flag) (2023)

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