Flag Malaysia / Bangladesh Flag

Exports FlagFlag  (2018): $2.09B, Rnk 20 / 208

Top Product FlagFlag (2018): $995M, Refined Petroleum

Exports FlagFlag (2018): $259M, Rnk 29 / 125

Top Product FlagFlag (2018): $64.4M, Knit T-shirts

Economic Complexity of Flag (2018): ECI 0.97, Rnk 26 / 137

Economic Complexity of Flag (2018): ECI -1.42, Rnk 127 / 137

GDP Flag (2018): $359B, CURRENT US$
Rnk 35 / 196

GDP GROWTH Flag (2008-2018): 55.4%, CURRENT US$
Rnk 74 / 196

GDP Flag (2018): $274B, CURRENT US$
Rnk 42 / 196

GDP GROWTH Flag (2008-2018): 199%, CURRENT US$
Rnk 5 / 196

GDP PC Flag (2018): $11,373, CURRENT US$
Rnk 68 / 196

GDP PC GROWTH Flag (2008-2018): 34.2%, CURRENT US$
Rnk 73 / 196

GDP PC Flag (2018): $1,698, CURRENT US$
Rnk 156 / 196

GDP PC GROWTH Flag (2008-2018): 167%, CURRENT US$
Rnk 4 / 196

Malaysia-Bangladesh: In 2018, Malaysia exported $2.09B to Bangladesh. The main products exported from Malaysia to Bangladesh were Refined Petroleum ($995M), Palm Oil ($190M), and Gold ($99.6M). During the last 23 years the exports of Malaysia to Bangladesh have increased at an annualized rate of 17.1%, from $55.3M in 1995 to $2.09B in 2018.

Bangladesh-Malaysia: In 2018, Bangladesh exported $259M to Malaysia. The main products exported from Bangladesh to Malaysia were Knit T-shirts ($64.4M), Other Knit Garments ($24.1M), and Refined Petroleum ($22.5M). During the last 23 years the exports of Bangladesh to Malaysia have increased at an annualized rate of 14.8%, from $10.7M in 1995 to $259M in 2018.

Comparison: In 2018, Malaysia ranked 26 in the Economic Complexity Index (ECI 0.97), and 20 in total exports ($270B). That same year, Bangladesh ranked 127 in the Economic Complexity Index (ECI -1.42), and 54 in total exports ($44.9B). In terms of GDP Per Capita, Malaysia was ranked 68 with a GDP Per Capita of $11,373, and Bangladesh was ranked 156 with a GDP Per Capita of $1,698.

Bilateral Trade by Products

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Depth
Value

In 2018, Malaysia exported $2.09B to Bangladesh. The main products exported from Malaysia to Bangladesh were Refined Petroleum ($995M), Palm Oil ($190M), and Gold ($99.6M). During the last 23 years the exports of Malaysia to Bangladesh have increased at an annualized rate of 17.1%, from $55.3M in 1995 to $2.09B in 2018.

In 2018, Bangladesh exported $259M to Malaysia. The main products exported from Bangladesh to Malaysia were Knit T-shirts ($64.4M), Other Knit Garments ($24.1M), and Refined Petroleum ($22.5M). During the last 23 years the exports of Bangladesh to Malaysia have increased at an annualized rate of 14.8%, from $10.7M in 1995 to $259M in 2018.

Market Competitiveness

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Measure

Malaysia
Top Destination
: Singapore, $36.8B

Bangladesh
Top Destination
: Germany, $6.88B

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

In 2018, countries that imported more from Malaysia than Bangladesh were Singapore ($36.8B), China ($36.1B), and United States ($28.3B).

In 2018, countries that imported more from Bangladesh than Malaysia were Spain ($3.21B), United Kingdom ($3.7B), and Poland ($1.83B).

Comparative Advantage Malaysia - Bangladesh

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Depth

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

During 2018, Malaysia had a large net trade with Bangladesh in the exports of Mineral Products ($1.09B), Animal and Vegetable Bi-Products ($224M), and Machines ($180M).

During 2018, Bangladesh had a large net trade with Malaysia in the exports of Textiles ($201M), Mineral Products ($22.9M), and Vegetable Products ($11.7M).

Tariff Section

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

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

In 2016, the products from Bangladesh that paid the highest import tariffs to enter Malaysia were Poultry: live, fowls of the species Gallus domesticus, weighing more than 185g (25%) and Poultry, live except domestic fowls, > 185 grams (25%).

Explore Tariff Data

*The tariffs present between Malaysia and Bangladesh are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Malaysia and Bangladesh. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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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 Malaysia has comparative advantage over Bangladesh. Similarly, the more red a dot/product is, the more Bangladesh has comparative advantage over Malaysia.