2023
Flag  
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
$263BCURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
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GDP PC 
$11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC
$12,919CURRENT US$
Rnk 79 / 196
2013-2023
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GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195

About

Malaysia-Kazakhstan Trade: In 2023, Malaysia exported $216M to Kazakhstan. The main products that Malaysia exported to Kazakhstan were Palm Oil ($40.2M), Electric Heaters ($17.8M), and Broadcasting Equipment ($17.6M). Over the past 5 years the exports of Malaysia to Kazakhstan have increased at an annualized rate of 11%, from $128M in 2018 to $216M in 2023.

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

Kazakhstan-Malaysia Trade: In 2023, Kazakhstan exported $34.8M to Malaysia. The main products that Kazakhstan exported to Malaysia were Crude Petroleum ($31.8M), Raw Zinc ($1.39M), and Other Iron Products ($366k). Over the past 5 years the exports of Kazakhstan to Malaysia have decreased at an annualized rate of 19.1%,  from $361M in 2018 to $34.8M in 2023.

In 2023, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $216M to Kazakhstan. The main products exported from Malaysia to Kazakhstan were Palm Oil ($40.2M), Electric Heaters ($17.8M), and Broadcasting Equipment ($17.6M). During the last 5 years the exports of Malaysia to Kazakhstan have increased at an annualized rate of 11%, from $128M in 2018 to $216M in 2023.

In 2018, Kazakhstan exported $34.8M to Malaysia. The main products exported from Kazakhstan to Malaysia were Crude Petroleum ($31.8M), Raw Zinc ($1.39M), and Other Iron Products ($366k). During the last 5 years the exports of Kazakhstan to Malaysia have decreased at an annualized rate of 19.1%, from $361M in 2023 to $34.8M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
China$79.8B
Kazakhstan
Top Destination
China$15.2B

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

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

In 2023, countries that imported more from Kazakhstan than Malaysia included United Kingdom ($14.3B), Russia ($9.78B), and Greece ($3.56B).

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

Comparative Advantage Malaysia - Kazakhstan

Flow
Scale

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

During 2023, Malaysia had a large net trade with Kazakhstan in the exports of Machines ($93.4M), Animal and Vegetable Bi-Products ($55.4M), and Foodstuffs ($19.6M).

During 2018, Kazakhstan had a large net trade with Malaysia in the exports of Mineral Products ($31.8M), Metals ($1.88M), and Instruments ($449k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Kazakhstan+$12.2MTelephones
Top Product Potential Kazakhstan Malaysia+$354kFerroalloys

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

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

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