2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
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 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
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GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186
2022
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GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Malaysia-Estonia Trade: In 2022, Malaysia exported $134M to Estonia. The main products that Malaysia exported to Estonia were Cocoa Butter ($35.4M), Air Conditioners ($27.6M), and Integrated Circuits ($11.5M). Over the past 5 years the exports of Malaysia to Estonia have increased at an annualized rate of 15.1%, from $66.4M in 2017 to $134M in 2022.

In 2022, Malaysia did not export any services to Estonia.

Estonia-Malaysia Trade: In 2022, Estonia exported $22.2M to Malaysia. The main products that Estonia exported to Malaysia were Broadcasting Equipment ($7.91M), Oscilloscopes ($1.59M), and Other Paper Machinery ($1.51M). Over the past 5 years the exports of Estonia to Malaysia have increased at an annualized rate of 16%,  from $9.08M in 2017 to $22.2M in 2022.

In 2020, Estonia exported services to Malaysia worth $3.31M, with Computer and information services ($1.14M), Travel ($1.03M), and Other business services ($685k) being the largest in terms of value.

Comparison In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09),  and 22 in total exports ($378B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $134M to Estonia. The main products exported from Malaysia to Estonia were Cocoa Butter ($35.4M), Air Conditioners ($27.6M), and Integrated Circuits ($11.5M). During the last 5 years the exports of Malaysia to Estonia have increased at an annualized rate of 15.1%, from $66.4M in 2017 to $134M in 2022.

In 2017, Estonia exported $22.2M to Malaysia. The main products exported from Estonia to Malaysia were Broadcasting Equipment ($7.91M), Oscilloscopes ($1.59M), and Other Paper Machinery ($1.51M). During the last 5 years the exports of Estonia to Malaysia have increased at an annualized rate of 16%, from $9.08M in 2022 to $22.2M in 2017.

Exports from Malaysia (Flag) to Estonia (Flag) (2022)

Exports from Estonia (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Estonia
Top Destination
Finland$3B

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

In 2022, countries that imported more from Malaysia than Estonia included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Estonia than Malaysia included Latvia ($2.77B), Finland ($3B), and Lithuania ($1.51B).

Difference in imports from Estonia (Flag) and Malaysia (Flag) (2022)

Comparative Advantage Malaysia - Estonia

Flow
Scale

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

During 2022, Malaysia had a large net trade with Estonia in the exports of Machines ($67.2M), Foodstuffs ($38.5M), and Animal and Vegetable Bi-Products ($8.37M).

During 2017, Estonia had a large net trade with Malaysia in the exports of Machines ($14.1M), Instruments ($2.55M), and Wood Products ($874k).

Bilateral Service Trade

In 2020, Estonia exported services to Malaysia worth $3.31M, with Computer and information services ($1.14M), Travel ($1.03M), and Other business services ($685k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Estonia (Flag) to Malaysia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Malaysia and Estonia. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Estonia. Similarly, a dot/product with the flag of Estonia indicates it has a comparative advantage over Malaysia.

Product Space of Malaysia (Flag) and Estonia (Flag) (2022)

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