NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $29.6MRnk 133 / 221
2023
Flag → Flag
Top Product $10.7MRefined Petroleum
2023
Flag → Flag
Exports $16.5MRnk 27 / 120
2023
Flag → Flag
Top Product $12.6MPotassic Fertilizers
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.89Rnk 107 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$15.8BCURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP GROWTH32.2%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC$2,067CURRENT US$
Rnk 157 / 196
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 123 / 195

About

Malaysia-Laos Trade: In 2023, Malaysia exported $29.6M to Laos. The main products that Malaysia exported to Laos were Refined Petroleum ($10.7M), Computers ($4.37M), and Heavy Synthetic Cotton Fabrics ($2.65M). Over the past 5 years the exports of Malaysia to Laos have increased at an annualized rate of 9.07%, from $19.2M in 2018 to $29.6M in 2023.

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

Laos-Malaysia Trade: In 2023, Laos exported $16.5M to Malaysia. The main products that Laos exported to Malaysia were Potassic Fertilizers ($12.6M), Iron Ore ($2.07M), and Insulated Wire ($473k). Over the past 5 years the exports of Laos to Malaysia have increased at an annualized rate of 8.04%,  from $11.2M in 2018 to $16.5M in 2023.

In 2023, Laos 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, Laos ranked 107 in the Economic Complexity Index (ECI -0.89), and 108 in total exports ($8.7B).

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR5.15M and imported MYR178k from Laos, resulting in a positive trade balance of MYR4.97M. Between November 2023 and November 2024 the exports of Malaysia have decreased by MYR-1.54M (-23%) from MYR6.69M to MYR5.15M, while imports decreased by MYR-5.26M (-96.7%) from MYR5.43M to MYR178k.

Trade In November 2024, the top exports of Malaysia to Laos were Other Electrical Machinery (MYR3.71M), Petroleum Gas (MYR725k), Computers (MYR669k), Rubber Apparel (MYR545k), and Heavy Synthetic Cotton Fabrics (MYR446k). In November 2024 the top imports of Malaysia from Laos were Potassic Fertilizers (MYR21.2M), Processed Tobacco (MYR1.01M), Leather Footwear (MYR36.4k), Small Iron Containers (MYR13.4k), and Knit Men's Suits (MYR9.11k).

Growth In November 2024, the decrease in Malaysia's year-by-year exports to Laos was explained primarily by an decrease in product exports in Synthetic Fabrics (MYR-1.25M or -87%), Synthetic Filament Yarn Woven Fabric (MYR-206k or -66.5%), and Plastic Pipes (MYR-91.2k or -78.4%). In November 2024, the decrease in Malaysia's year-by-year imports  from Laos was explained primarily by an decrease in product imports  in Commodities not elsewhere specified (MYR-9.71k or -90.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR-1.54M(-23%)
IMPORT GROWTH (November 2023 - November 2024)MYR-5.26M(-96.7%)

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 Laos and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Laos and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $29.6M to Laos. The main products exported from Malaysia to Laos were Refined Petroleum ($10.7M), Computers ($4.37M), and Heavy Synthetic Cotton Fabrics ($2.65M). During the last 5 years the exports of Malaysia to Laos have increased at an annualized rate of 9.07%, from $19.2M in 2018 to $29.6M in 2023.

In 2018, Laos exported $16.5M to Malaysia. The main products exported from Laos to Malaysia were Potassic Fertilizers ($12.6M), Iron Ore ($2.07M), and Insulated Wire ($473k). During the last 5 years the exports of Laos to Malaysia have increased at an annualized rate of 8.04%, from $11.2M in 2023 to $16.5M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Laos
Top DestinationChina$3.41B

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

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

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

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

Comparative Advantage Malaysia - Laos

Flow
Scale

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

During 2023, Malaysia had a large net trade with Laos in the exports of Mineral Products ($12.1M), Machines ($6.17M), and Textiles ($5.68M).

During 2018, Laos had a large net trade with Malaysia in the exports of Chemical Products ($12.7M), Mineral Products ($2.09M), and Machines ($673k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Laos+$2.64MComputers
Top Product Potential Laos Malaysia+$5.14MPotassic Fertilizers

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms