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2023
Flag → Flag
Exports $6.55MRnk 164 / 221
2023
Flag → Flag
Top Product $3.33MMalt Extract
2023
Flag → Flag
Exports $5.81MRnk 11 / 113
2023
Flag → Flag
Top Product $2.67MCocoa Beans
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$19.9BCURRENT US$
Rnk 122 / 195
2013-2023
Flag
GDP GROWTH33.2%CURRENT US$
Rnk 107 / 195
2023
Flag
GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
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GDP PC$1,706CURRENT US$
Rnk 163 / 196
2013-2023
Flag
GDP PC GROWTH17%CURRENT US$
Rnk 112 / 195

About

Malaysia-Haiti Trade: In 2023, Malaysia exported $6.55M to Haiti. The main products that Malaysia exported to Haiti were Malt Extract ($3.33M), Palm Oil ($1.78M), and Other Vegetable Oils ($460k). Over the past 5 years the exports of Malaysia to Haiti have decreased at an annualized rate of 18.8%, from $18.6M in 2018 to $6.55M in 2023.

In 2023, Malaysia did not export any services to Haiti.

Haiti-Malaysia Trade: In 2023, Haiti exported $5.81M to Malaysia. The main products that Haiti exported to Malaysia were Cocoa Beans ($2.67M), Copper Powder ($2.45M), and Aluminium Powder ($620k). Over the past 5 years the exports of Haiti to Malaysia have increased at an annualized rate of 53.8%,  from $674k in 2018 to $5.81M in 2023.

In 2023, Haiti did not export any services to Malaysia.

Comparison In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04),  and 19 in total exports ($383B). That same year, Haiti ranked 162 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR3.39M and imported MYR8.12M from Haiti, resulting in a negative trade balance of MYR4.73M. Between November 2023 and November 2024 the exports of Malaysia have increased by MYR965k (39.8%) from MYR2.43M to MYR3.39M, while imports increased by MYR6.15M (312%) from MYR1.97M to MYR8.12M.

Trade In November 2024, the top exports of Malaysia to Haiti were Palm Oil (MYR3.16M), Other Vegetable Oils (MYR257k), Cleaning Products (MYR72k), Flavored Water (MYR49.2k), and Jams (MYR12.3k). In November 2024 the top imports of Malaysia from Haiti were .

Growth In November 2024, the increase in Malaysia's year-by-year exports to Haiti was explained primarily by an increase in product exports in . In November 2024, the increase in Malaysia's year-by-year imports  from Haiti was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR965k(39.8%)
IMPORT GROWTH (November 2023 - November 2024)MYR6.15M(312%)

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 Haiti and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Haiti and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $6.55M to Haiti. The main products exported from Malaysia to Haiti were Malt Extract ($3.33M), Palm Oil ($1.78M), and Other Vegetable Oils ($460k). During the last 5 years the exports of Malaysia to Haiti have decreased at an annualized rate of 18.8%, from $18.6M in 2018 to $6.55M in 2023.

In 2018, Haiti exported $5.81M to Malaysia. The main products exported from Haiti to Malaysia were Cocoa Beans ($2.67M), Copper Powder ($2.45M), and Aluminium Powder ($620k). During the last 5 years the exports of Haiti to Malaysia have increased at an annualized rate of 53.8%, from $674k in 2023 to $5.81M in 2018.

Exports from Malaysia (Flag) to Haiti (Flag) (2023)

Exports from Haiti (Flag) to Malaysia (Flag) (2023)

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Haiti
Top DestinationUnited States$844M

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

In 2023, countries that imported more from Malaysia than Haiti included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

In 2023, no countries were registered that imported more from Haiti than from Malaysia.

Difference in imports from Haiti (Flag) and Malaysia (Flag) (2023)

Comparative Advantage Malaysia - Haiti

Flow
Scale

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

During 2023, Malaysia had a large net trade with Haiti in the exports of Foodstuffs ($3.35M), Animal and Vegetable Bi-Products ($2.31M), and Animal Products ($458k).

During 2018, Haiti had a large net trade with Malaysia in the exports of Metals ($3.13M), Foodstuffs ($2.67M), and Plastics and Rubbers ($2.13k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Haiti+$2.75MPalm Oil
Top Product Potential Haiti Malaysia+$213kCocoa Beans

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

Product Space of Malaysia (Flag) and Haiti (Flag) (2023)

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