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2022
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Exports $461MRnk 51 / 218
2022
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Top Product $86.9MPalm Oil
2022
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Exports $686MRnk 18 / 156
2022
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Top Product $513MCrude Petroleum
2022
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Economic Complexity (ECI) ECI 0.96Rnk 28 / 124
2022
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Economic Complexity (ECI) ECI 0.16Rnk 53 / 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$185BCURRENT US$
Rnk 56 / 186
2012-2022
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GDP GROWTH6.04%CURRENT US$
Rnk 152 / 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$43,233CURRENT US$
Rnk 24 / 186
2012-2022
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GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186

About

Malaysia-Kuwait In 2022, Malaysia exported $461M to Kuwait. The main products that Malaysia exported to Kuwait are Palm Oil ($86.9M), Coconut Oil ($28.1M), and Industrial Printers ($21.6M). During the last 27 years the exports of Malaysia to Kuwait have increased at an annualized rate of 7.37%, from $67.6M in 1995 to $461M in 2022.

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

Kuwait-Malaysia In 2022, Kuwait exported $686M to Malaysia. The main products that Kuwait exported to Malaysia were Crude Petroleum ($513M), Refined Petroleum ($64.4M), and Petroleum Gas ($50.7M). During the last 27 years the exports of Kuwait to Malaysia have increased at an annualized rate of 9.49%, from $59.3M in 1995 to $686M in 2022.

In 2022, Kuwait 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, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B).

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR34.8M and imported MYR14.1M from Kuwait, resulting in a positive trade balance of MYR20.8M. Between September 2019 and September 2020 the exports of Malaysia have decreased by MYR-4.04M (-10.4%) from MYR38.9M to MYR34.8M, while imports decreased by MYR-54.8M (-79.6%) from MYR68.8M to MYR14.1M.

Trade In September 2020, the top exports of Malaysia to Kuwait were Electrical Control Boards (MYR9.81M), Palm Oil (MYR7.67M), Carbon-based Electronics (MYR6.78M), Other Furniture (MYR4.72M), and Other Prepared Meat (MYR4.31M). In September 2020 the top imports of Malaysia from Kuwait were Ethylene Polymers (MYR12.8M), Scrap Iron (MYR251k), Polyacetals (MYR68.5k), Perfumes (MYR43.4k), and Surveying Equipment (MYR16.1k).

Growth In September 2020, the decrease in Malaysia's year-by-year exports to Kuwait was explained primarily by an decrease in product exports in Copper Pipes (MYR-1.6M or -50.1%), Glass Fibers (MYR-1.27M or -96.6%), and Other Vegetable Oils (MYR-1.13M or -23.9%). In September 2020, the decrease in Malaysia's year-by-year imports  from Kuwait was explained primarily by an decrease in product imports  in Ethylene Polymers (MYR-6.5M or -33.6%), Glass Fibers (MYR-111k or -93.2%), and Commodities not elsewhere specified (MYR-3.33k or -22.7%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (September 2019 - September 2020)MYR-4.04M(-10.4%)
IMPORT GROWTH (September 2019 - September 2020)MYR-54.8M(-79.6%)

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 Kuwait 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 $461M to Kuwait. The main products exported from Malaysia to Kuwait were Palm Oil ($86.9M), Coconut Oil ($28.1M), and Industrial Printers ($21.6M). During the last 27 years the exports of Malaysia to Kuwait have increased at an annualized rate of 7.37%, from $67.6M in 1995 to $461M in 2022.

In 2022, Kuwait exported $686M to Malaysia. The main products exported from Kuwait to Malaysia were Crude Petroleum ($513M), Refined Petroleum ($64.4M), and Petroleum Gas ($50.7M). During the last 27 years the exports of Kuwait to Malaysia have increased at an annualized rate of 9.49%, from $59.3M in 1995 to $686M in 2022.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Kuwait
Top DestinationChina$24.3B

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

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

In 2021, countries that imported more from Kuwait than Malaysia were Pakistan ($3.97B), Egypt ($2.84B), and India ($15B).

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

Comparative Advantage Malaysia - Kuwait

Flow
Scale

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

During 2022, Malaysia had a large net trade with Kuwait in the exports of Animal and Vegetable Bi-Products ($137M), Machines ($125M), and Foodstuffs ($41M).

During 2022, Kuwait had a large net trade with Malaysia in the exports of Mineral Products ($629M), Plastics and Rubbers ($40.1M), and Chemical Products ($9.88M).

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

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

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