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2022
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Exports $350MRnk 60 / 218
2022
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Top Product $156MRefined Petroleum
2022
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Exports $304MRnk 10 / 133
2022
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Top Product $131MCocoa Beans
2022
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Economic Complexity (ECI) ECI 0.96Rnk 28 / 124
2022
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Economic Complexity (ECI) ECI -1.35Rnk 115 / 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$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
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GDP GROWTH76.5%CURRENT US$
Rnk 26 / 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$2,176CURRENT US$
Rnk 147 / 186
2012-2022
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GDP PC GROWTH41.6%CURRENT US$
Rnk 46 / 186

About

Malaysia-Ghana In 2022, Malaysia exported $350M to Ghana. The main products that Malaysia exported to Ghana are Refined Petroleum ($156M), Palm Oil ($74.8M), and Hot-Rolled Iron Bars ($34.6M). During the last 27 years the exports of Malaysia to Ghana have increased at an annualized rate of 18.3%, from $3.76M in 1995 to $350M in 2022.

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

Ghana-Malaysia In 2022, Ghana exported $304M to Malaysia. The main products that Ghana exported to Malaysia were Cocoa Beans ($131M), Crude Petroleum ($93.5M), and Other Pure Vegetable Oils ($35.2M). During the last 27 years the exports of Ghana to Malaysia have increased at an annualized rate of 19.8%, from $2.33M in 1995 to $304M in 2022.

In 2022, Ghana 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, Ghana ranked 115 in the Economic Complexity Index (ECI -1.35), and 79 in total exports ($20B).

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR56.2M and imported MYR67.6M from Ghana, resulting in a negative trade balance of MYR11.4M. Between September 2019 and September 2020 the exports of Malaysia have increased by MYR8.45M (17.7%) from MYR47.7M to MYR56.2M, while imports increased by MYR46.7M (223%) from MYR20.9M to MYR67.6M.

Trade In September 2020, the top exports of Malaysia to Ghana were Palm Oil (MYR9.23M), Soap (MYR3.25M), Coated Flat-Rolled Iron (MYR2.54M), Malt Extract (MYR2.25M), and Concentrated Milk (MYR1.43M). In September 2020 the top imports of Malaysia from Ghana were Cocoa Beans (MYR77.6M), Other Pure Vegetable Oils (MYR4.2M), Cocoa Paste (MYR4.2M), Rubber (MYR1.32M), and Cocoa Shells (MYR998k).

Growth In September 2020, the increase in Malaysia's year-by-year exports to Ghana was explained primarily by an increase in product exports in Malt Extract (MYR1.91M or 571%), Packaged Medicaments (MYR843k or 3.7k%), and Metal Stoppers (MYR811k or 152%). In September 2020, the increase in Malaysia's year-by-year imports  from Ghana was explained primarily by an increase in product imports  in Cocoa Paste (MYR2.39M or 133%) and Other Pure Vegetable Oils (MYR1.61M or 62%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (September 2019 - September 2020)MYR8.45M(17.7%)
IMPORT GROWTH (September 2019 - September 2020)MYR46.7M(223%)

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 Ghana and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $350M to Ghana. The main products exported from Malaysia to Ghana were Refined Petroleum ($156M), Palm Oil ($74.8M), and Hot-Rolled Iron Bars ($34.6M). During the last 27 years the exports of Malaysia to Ghana have increased at an annualized rate of 18.3%, from $3.76M in 1995 to $350M in 2022.

In 2022, Ghana exported $304M to Malaysia. The main products exported from Ghana to Malaysia were Cocoa Beans ($131M), Crude Petroleum ($93.5M), and Other Pure Vegetable Oils ($35.2M). During the last 27 years the exports of Ghana to Malaysia have increased at an annualized rate of 19.8%, from $2.33M in 1995 to $304M in 2022.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Ghana
Top DestinationUnited Arab Emirates$4.72B

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

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

In 2021, countries that imported more from Ghana than Malaysia were Switzerland ($3.37B), United Arab Emirates ($4.72B), and Burkina Faso ($285M).

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

Comparative Advantage Malaysia - Ghana

Flow
Scale

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

During 2022, Malaysia had a large net trade with Ghana in the exports of Mineral Products ($156M), Animal and Vegetable Bi-Products ($79.2M), and Metals ($47.2M).

During 2022, Ghana had a large net trade with Malaysia in the exports of Foodstuffs ($143M), Mineral Products ($93.5M), and Animal and Vegetable Bi-Products ($35.2M).

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 Ghana. Similarly, the more yellow a dot/product is, the more Ghana has comparative advantage over Malaysia.

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

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