2023
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GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
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GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
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GDP PC 
$11,379CURRENT US$
Rnk 85 / 195
2013-2023
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GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

Malaysia-British Indian Ocean Territory Trade: In 2023, Malaysia exported $117k to British Indian Ocean Territory. The main products that Malaysia exported to British Indian Ocean Territory were Styrene Polymers ($62k), Ethylene Polymers ($36.8k), and Hard Liquor ($9.26k). Over the past 7 years the exports of Malaysia to British Indian Ocean Territory have increased at an annualized rate of 110%, from $651 in 2016 to $117k in 2023.

In 2023, Malaysia did not export any services to British Indian Ocean Territory.

British Indian Ocean Territory-Malaysia In N/A, British Indian Ocean Territory did not export any products to Malaysia.

In 2023, British Indian Ocean Territory 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, British Indian Ocean Territory ranked 209 in total exports ($23.5M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $117k to British Indian Ocean Territory. The main products exported from Malaysia to British Indian Ocean Territory were Styrene Polymers ($62k), Ethylene Polymers ($36.8k), and Hard Liquor ($9.26k). During the last 7 years the exports of Malaysia to British Indian Ocean Territory have increased at an annualized rate of 110%, from $651 in 2016 to $117k in 2023.

British Indian Ocean Territory does not register exports to Malaysia. The main products exported from British Indian Ocean Territory to Malaysia were Knit Women's Suits ($351), Other Plastic Products ($48), and Other Heating Machinery ($23).

Exports from Malaysia (Flag) to British Indian Ocean Territory (Flag) (2023)

Exports from British Indian Ocean Territory (Flag) to Malaysia (Flag) (2023)

Market Competitiveness

Color
Malaysia
Top Destination
China$79.8B

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

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

In 2023, no countries were registered that imported more from British Indian Ocean Territory than from Malaysia.

Difference in imports from British Indian Ocean Territory (Flag) and Malaysia (Flag) (2023)

Comparative Advantage Malaysia - British Indian Ocean Territory

Flow
Scale

This chart compares trade between Malaysia and British Indian Ocean Territory by product, considering products traded by both, Malaysia and British Indian Ocean Territory.

During 2023, Malaysia had a large net trade with British Indian Ocean Territory in the exports of Plastics and Rubbers ($98.8k), Foodstuffs ($18.1k), and Chemical Products ($548).

Economic Complexity

Competitive Landscape

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

Product Space of Malaysia (Flag) and British Indian Ocean Territory (Flag) (2023)

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