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2022
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Exports $438MRnk 52 / 218
2022
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Top Product $266MIntegrated Circuits
2022
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Exports $61.3MRnk 35 / 178
2022
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Top Product $24.1MIntegrated Circuits
2022
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Economic Complexity (ECI) ECI 0.96Rnk 28 / 124
2022
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Economic Complexity (ECI) ECI 0.31Rnk 48 / 124
2022
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GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
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 GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
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GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
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GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
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GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
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GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

Malaysia-Costa Rica In 2022, Malaysia exported $438M to Costa Rica. The main products that Malaysia exported to Costa Rica are Integrated Circuits ($266M), Oscilloscopes ($65.7M), and Machinery Having Individual Functions ($33.8M). During the last 27 years the exports of Malaysia to Costa Rica have increased at an annualized rate of 23.3%, from $1.52M in 1995 to $438M in 2022.

In 2022, Malaysia did not export any services to Costa Rica.

Costa Rica-Malaysia In 2022, Costa Rica exported $61.3M to Malaysia. The main products that Costa Rica exported to Malaysia were Integrated Circuits ($24.1M), Iron Fasteners ($11.2M), and Low-voltage Protection Equipment ($6.82M). During the last 27 years the exports of Costa Rica to Malaysia have increased at an annualized rate of 17.8%, from $741k in 1995 to $61.3M in 2022.

In 2022, Costa Rica did not export any services to Malaysia.

Comparison In 2022,  Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B). That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.31), and 82 in total exports ($17.2B).

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR167M and imported MYR74.6M from Costa Rica, resulting in a positive trade balance of MYR92.3M. Between September 2019 and September 2020 the exports of Malaysia have increased by MYR145M (655%) from MYR22.1M to MYR167M, while imports increased by MYR67.8M (993%) from MYR6.82M to MYR74.6M.

Trade In September 2020, the top exports of Malaysia to Costa Rica were Oscilloscopes (MYR7.96M), Integrated Circuits (MYR6.43M), Semiconductor Devices (MYR1.43M), Machinery Having Individual Functions (MYR937k), and Rubber Apparel (MYR901k). In September 2020 the top imports of Malaysia from Costa Rica were Low-voltage Protection Equipment (MYR2.82M), Insulated Wire (MYR2.81M), Integrated Circuits (MYR1.21M), Centrifuges (MYR1.13M), and Other Copper Products (MYR937k).

Growth In September 2020, the increase in Malaysia's year-by-year exports to Costa Rica was explained primarily by an increase in product exports in Oscilloscopes (MYR6.59M or 479%), Integrated Circuits (MYR2.41M or 59.8%), and Machinery Having Individual Functions (MYR880k or 1.53k%). In September 2020, the increase in Malaysia's year-by-year imports  from Costa Rica was explained primarily by an increase in product imports  in Insulated Wire (MYR1.47M or 110%), Integrated Circuits (MYR1.16M or 2.41k%), and Centrifuges (MYR1.11M or 4.45k%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (September 2019 - September 2020)MYR145M(655%)
IMPORT GROWTH (September 2019 - September 2020)MYR67.8M(993%)

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 Costa Rica and Malaysia trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $438M to Costa Rica. The main products exported from Malaysia to Costa Rica were Integrated Circuits ($266M), Oscilloscopes ($65.7M), and Machinery Having Individual Functions ($33.8M). During the last 27 years the exports of Malaysia to Costa Rica have increased at an annualized rate of 23.3%, from $1.52M in 1995 to $438M in 2022.

In 2022, Costa Rica exported $61.3M to Malaysia. The main products exported from Costa Rica to Malaysia were Integrated Circuits ($24.1M), Iron Fasteners ($11.2M), and Low-voltage Protection Equipment ($6.82M). During the last 27 years the exports of Costa Rica to Malaysia have increased at an annualized rate of 17.8%, from $741k in 1995 to $61.3M in 2022.

Exports from Malaysia (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Costa Rica
Top DestinationUnited States$6.83B

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

In 2021, countries that imported more from Malaysia than Costa Rica were Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2021, countries that imported more from Costa Rica than Malaysia were Guatemala ($821M), Nicaragua ($593M), and Honduras ($517M).

Difference in imports from Costa Rica (Flag) and Malaysia (Flag) (2022)

Comparative Advantage Malaysia - Costa Rica

Flow
Scale

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

During 2022, Malaysia had a large net trade with Costa Rica in the exports of Machines ($326M), Instruments ($75M), and Metals ($13.1M).

During 2022, Costa Rica had a large net trade with Malaysia in the exports of Machines ($38.1M), Metals ($15.1M), and Instruments ($5.38M).

Economic Complexity

Competitive Landscape

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

Product Space of Malaysia (Flag) and Costa Rica (Flag) (2022)

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