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2023
Flag → Flag
Exports $178MRnk 77 / 221
2023
Flag → Flag
Top Product $13.8MMedical Instruments
2023
Flag → Flag
Exports $336MRnk 33 / 183
2023
Flag → Flag
Top Product $230MCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
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Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
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GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
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GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 195
2023
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GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
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GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
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GDP PC$6,947CURRENT US$
Rnk 104 / 196
2013-2023
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GDP PC GROWTH-16.1%CURRENT US$
Rnk 173 / 195

About

Malaysia-Colombia Trade: In 2023, Malaysia exported $178M to Colombia. The main products that Malaysia exported to Colombia were Medical Instruments ($13.8M), Broadcasting Equipment ($13.6M), and Rubber Apparel ($13.4M). Over the past 5 years the exports of Malaysia to Colombia have decreased at an annualized rate of 3.34%, from $211M in 2018 to $178M in 2023.

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

Colombia-Malaysia Trade: In 2023, Colombia exported $336M to Malaysia. The main products that Colombia exported to Malaysia were Crude Petroleum ($230M), Coffee ($18.4M), and Coke ($14.3M). Over the past 5 years the exports of Colombia to Malaysia have increased at an annualized rate of 11.2%,  from $178M in 2018 to $336M in 2023.

In 2023, Colombia 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, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Latest Trends

N/A

About

Overview In N/A, Malaysia exported MYRN/A and imported MYRN/A from Colombia, 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 Colombia were Nitrogenous Fertilizers (MYR11.7M), Raw Aluminium (MYR2.42M), Other Knit Garments (MYR1.94M), Electric Heaters (MYR1.33M), and Synthetic Filament Yarn Woven Fabric (MYR1.08M). In N/A the top imports of Malaysia from Colombia were Coffee (MYR9.39M), Scrap Aluminium (MYR5.89M), Raw Aluminium (MYR2.05M), Cocoa Beans (MYR1.01M), and Coffee and Tea Extracts (MYR997k).

Growth In N/A, the N/A in Malaysia's year-by-year exports to Colombia was explained primarily by an decrease in product exports in Raw Aluminium (MYR-70.8M or -96.7%), Rubber Apparel (MYR-24M or -97.4%), and Float Glass (MYR-2.29M or -98.7%). In N/A, the N/A in Malaysia's year-by-year imports  from Colombia was explained primarily by an decrease in product imports  in Coffee (MYR-23.9M or -71.8%), Coffee and Tea Extracts (MYR-181k or -15.4%), and Other Fruits (MYR-72.6k or -51.2%).

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 Colombia and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Colombia and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $178M to Colombia. The main products exported from Malaysia to Colombia were Medical Instruments ($13.8M), Broadcasting Equipment ($13.6M), and Rubber Apparel ($13.4M). During the last 5 years the exports of Malaysia to Colombia have decreased at an annualized rate of 3.34%, from $211M in 2018 to $178M in 2023.

In 2018, Colombia exported $336M to Malaysia. The main products exported from Colombia to Malaysia were Crude Petroleum ($230M), Coffee ($18.4M), and Coke ($14.3M). During the last 5 years the exports of Colombia to Malaysia have increased at an annualized rate of 11.2%, from $178M in 2023 to $336M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Colombia
Top DestinationUnited States$14.8B

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

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

In 2023, countries that imported more from Colombia than Malaysia included Panama ($4.66B), Ecuador ($2.19B), and Chile ($1.16B).

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

Comparative Advantage Malaysia - Colombia

Flow
Scale

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

During 2023, Malaysia had a large net trade with Colombia in the exports of Machines ($66.9M), Instruments ($27.2M), and Plastics and Rubbers ($21.6M).

During 2018, Colombia had a large net trade with Malaysia in the exports of Mineral Products ($265M), Metals ($38.6M), and Vegetable Products ($18.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Colombia+$31.1MTelephones
Top Product Potential Colombia Malaysia+$22.1MCoal Briquettes

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

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

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