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Pricing

2022
Flag → Flag
Exports $22.4MRnk 139 / 218
2022
Flag → Flag
Top Product $3.29MCoconut Oil
2022
Flag → Flag
Exports $3.51MRnk 67 / 154
2022
Flag → Flag
Top Product $785kOscilloscopes
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.036Rnk 64 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH49.9%CURRENT US$
Rnk 36 / 186

About

Malaysia-Georgia Trade: In 2022, Malaysia exported $22.4M to Georgia. The main products that Malaysia exported to Georgia were Coconut Oil ($3.29M), Rubber Apparel ($2.02M), and Electric Heaters ($1.59M). Over the past 5 years the exports of Malaysia to Georgia have increased at an annualized rate of 4.16%, from $18.2M in 2017 to $22.4M in 2022.

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

Georgia-Malaysia Trade: In 2022, Georgia exported $3.51M to Malaysia. The main products that Georgia exported to Malaysia were Oscilloscopes ($785k), Medical Instruments ($461k), and Cellulose ($271k). Over the past 5 years the exports of Georgia to Malaysia have increased at an annualized rate of 19.6%,  from $1.44M in 2017 to $3.51M in 2022.

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

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Latest Trends

September, 2024

About

Overview In September 2024, Malaysia exported MYR10.9M and imported MYR610k from Georgia, resulting in a positive trade balance of MYR10.3M. Between September 2023 and September 2024 the exports of Malaysia have decreased by MYR-3.37M (-23.7%) from MYR14.3M to MYR10.9M, while imports decreased by MYR-37.1M (-98.4%) from MYR37.7M to MYR610k.

Trade In September 2024, the top exports of Malaysia to Georgia were Electric Heaters (MYR10.2M), Rubber (MYR1.49M), Telephones (MYR1.44M), Cocoa Powder (MYR892k), and Coconut Oil (MYR812k). In September 2024 the top imports of Malaysia from Georgia were Aircraft parts including unmanned craft (MYR225k), Honey (MYR148k), Excavation Machinery (MYR34.1k), Printed Circuit Boards (MYR28.7k), and Commodities not elsewhere specified (MYR27.8k).

Growth In September 2024, the decrease in Malaysia's year-by-year exports to Georgia was explained primarily by an decrease in product exports in Rubber (MYR-1.38M or -48.1%), Other Electrical Machinery (MYR-232k or -93.6%), and Coconut Oil (MYR-207k or -20.3%). In September 2024, the decrease in Malaysia's year-by-year imports  from Georgia was explained primarily by an decrease in product imports  in Other Engines (MYR-11.2k or -97.2%) and Low-voltage Protection Equipment (MYR-6.33k or -94.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)MYR-3.37M(-23.7%)
IMPORT GROWTH (September 2023 - September 2024)MYR-37.1M(-98.4%)

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 Georgia and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Georgia and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $22.4M to Georgia. The main products exported from Malaysia to Georgia were Coconut Oil ($3.29M), Rubber Apparel ($2.02M), and Electric Heaters ($1.59M). During the last 5 years the exports of Malaysia to Georgia have increased at an annualized rate of 4.16%, from $18.2M in 2017 to $22.4M in 2022.

In 2017, Georgia exported $3.51M to Malaysia. The main products exported from Georgia to Malaysia were Oscilloscopes ($785k), Medical Instruments ($461k), and Cellulose ($271k). During the last 5 years the exports of Georgia to Malaysia have increased at an annualized rate of 19.6%, from $1.44M in 2022 to $3.51M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Georgia
Top DestinationChina$759M

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

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

In 2022, countries that imported more from Georgia than Malaysia included Azerbaijan ($668M), Armenia ($571M), and Bulgaria ($502M).

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

Comparative Advantage Malaysia - Georgia

Flow
Scale

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

During 2022, Malaysia had a large net trade with Georgia in the exports of Machines ($8.24M), Animal and Vegetable Bi-Products ($5.03M), and Plastics and Rubbers ($3.67M).

During 2017, Georgia had a large net trade with Malaysia in the exports of Instruments ($1.25M), Machines ($527k), and Metals ($412k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Georgia+$3.35MTelephones
Top Product Potential Georgia Malaysia+$293kMedical Instruments

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

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

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