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Pricing

2022
Flag → Flag
Exports $25.9MRnk 133 / 218
2022
Flag → Flag
Top Product $17.6MPalm Oil
2022
Flag → Flag
Exports $21.1kRnk 46 / 92
2022
Flag → Flag
Top Product $21.1kOther Coloring Matter
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH60.6%CURRENT US$
Rnk 39 / 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$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH22.4%CURRENT US$
Rnk 78 / 186

About

Malaysia-Gambia Trade: In 2022, Malaysia exported $25.9M to Gambia. The main products that Malaysia exported to Gambia were Palm Oil ($17.6M), Malt Extract ($6.37M), and Concentrated Milk ($824k). Over the past 5 years the exports of Malaysia to Gambia have decreased at an annualized rate of 15.9%, from $61.5M in 2017 to $25.9M in 2022.

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

Gambia-Malaysia Trade: In 2022, Gambia exported $21.1k to Malaysia. The main products that Gambia exported to Malaysia were Other Coloring Matter ($21.1k). Over the past 5 years the exports of Gambia to Malaysia have increased at an annualized rate of 20.3%,  from $8.36k in 2017 to $21.1k in 2022.

In 2022, Gambia 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, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, Malaysia exported MYR21.7M and imported MYR249k from Gambia, resulting in a positive trade balance of MYR21.4M. Between September 2023 and September 2024 the exports of Malaysia have increased by MYR15.8M (269%) from MYR5.88M to MYR21.7M, while imports increased by MYR248k (33.4k%) from MYR742 to MYR249k.

Trade In September 2024, the top exports of Malaysia to Gambia were Palm Oil (MYR5.85M), Malt Extract (MYR3.68M), Motor-working Tools (MYR638k), Other Vegetable Oils (MYR444k), and Other Furniture (MYR161k). In September 2024 the top imports of Malaysia from Gambia were .

Growth In September 2024, the increase in Malaysia's year-by-year exports to Gambia was explained primarily by an increase in product exports in Malt Extract (MYR1.02M or 38.2%) and Motor-working Tools (MYR222k or 53.4%). In September 2024, the increase in Malaysia's year-by-year imports  from Gambia was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)MYR15.8M(269%)
IMPORT GROWTH (September 2023 - September 2024)MYR248k(33.4k%)

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 Gambia and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Gambia and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $25.9M to Gambia. The main products exported from Malaysia to Gambia were Palm Oil ($17.6M), Malt Extract ($6.37M), and Concentrated Milk ($824k). During the last 5 years the exports of Malaysia to Gambia have decreased at an annualized rate of 6.64%, from $185k in 2017 to $25.9M in 2022.

In 2017, Gambia exported $21.1k to Malaysia. The main products exported from Gambia to Malaysia were Other Coloring Matter ($21.1k). During the last 5 years the exports of Gambia to Malaysia have increased at an annualized rate of 20.3%, from $8.36k in 2018 to $21.1k in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationN/AN/A
Gambia
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage Malaysia - Gambia

Flow
Scale

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

During 2022, Malaysia had a large net trade with Gambia in the exports of Animal and Vegetable Bi-Products ($17.7M), Foodstuffs ($6.46M), and Animal Products ($824k).

During 2017, Gambia had a large net trade with Malaysia in the exports of Chemical Products ($21.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Gambia+$275kOther Furniture
Top Product Potential Gambia Malaysia+$8.21kOther Coloring Matter

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

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

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