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Pricing

2022
Flag → Flag
Exports $22MRnk 140 / 218
2022
Flag → Flag
Top Product $4.97MPalm Oil
2022
Flag → Flag
Exports $57.6MRnk 10 / 86
2022
Flag → Flag
Top Product $47.3MRubber
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.72Rnk 128 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP$4BCURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP GROWTH43.3%CURRENT US$
Rnk 80 / 186
2022
Flag
GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$755CURRENT US$
Rnk 176 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 96 / 186

About

Malaysia-Liberia Trade: In 2022, Malaysia exported $22M to Liberia. The main products that Malaysia exported to Liberia were Palm Oil ($4.97M), Malt Extract ($3.48M), and Rubberworking Machinery ($2.42M). Over the past 5 years the exports of Malaysia to Liberia have decreased at an annualized rate of 10.7%, from $38.7M in 2017 to $22M in 2022.

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

Liberia-Malaysia Trade: In 2022, Liberia exported $57.6M to Malaysia. The main products that Liberia exported to Malaysia were Rubber ($47.3M), Cocoa Beans ($10.4M), and Industrial Fatty Acids, Oils and Alcohols ($572). Over the past 5 years the exports of Liberia to Malaysia have increased at an annualized rate of 25.8%,  from $11.6M in 2017 to $57.6M in 2022.

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

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B).

Latest Trends

July, 2024

About

Overview In July 2024, Malaysia exported MYR8.58M and imported MYR26.8M from Liberia, resulting in a negative trade balance of MYR18.2M. Between July 2023 and July 2024 the exports of Malaysia have increased by MYR727k (9.25%) from MYR7.86M to MYR8.58M, while imports increased by MYR12.2M (84.2%) from MYR14.5M to MYR26.8M.

Trade In July 2024, the top exports of Malaysia to Liberia were Phosphatic Fertilizers (MYR2.74M), Palm Oil (MYR2.12M), Mixed Mineral or Chemical Fertilizers (MYR1.47M), Malt Extract (MYR1.42M), and Rubberworking Machinery (MYR1.33M). In July 2024 the top imports of Malaysia from Liberia were Rubber (MYR6.69M) and Cocoa Beans (MYR4.53M).

Growth In July 2024, the increase in Malaysia's year-by-year exports to Liberia was explained primarily by an increase in product exports in Rubberworking Machinery (MYR564k or 73.2%), Soap (MYR385k or 78.5%), and Mixed Mineral or Chemical Fertilizers (MYR313k or 27.2%). In July 2024, the increase in Malaysia's year-by-year imports  from Liberia was explained primarily by an increase in product imports  in Cocoa Beans (MYR748k or 19.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)MYR727k(9.25%)
IMPORT GROWTH (July 2023 - July 2024)MYR12.2M(84.2%)

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 Liberia and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Liberia and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $22M to Liberia. The main products exported from Malaysia to Liberia were Palm Oil ($4.97M), Malt Extract ($3.48M), and Rubberworking Machinery ($2.42M). During the last 5 years the exports of Malaysia to Liberia have decreased at an annualized rate of 10.7%, from $38.7M in 2017 to $22M in 2022.

In 2017, Liberia exported $57.6M to Malaysia. The main products exported from Liberia to Malaysia were Rubber ($47.3M), Cocoa Beans ($10.4M), and Industrial Fatty Acids, Oils and Alcohols ($572). During the last 5 years the exports of Liberia to Malaysia have increased at an annualized rate of 25.8%, from $11.6M in 2022 to $57.6M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Liberia
Top DestinationSwitzerland$544M

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

In 2022, countries that imported more from Malaysia than Liberia included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Liberia than Malaysia included Cyprus ($53.7M).

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

Comparative Advantage Malaysia - Liberia

Flow
Scale

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

During 2022, Malaysia had a large net trade with Liberia in the exports of Machines ($6.84M), Animal and Vegetable Bi-Products ($4.97M), and Foodstuffs ($3.89M).

During 2017, Liberia had a large net trade with Malaysia in the exports of Plastics and Rubbers ($47.3M), Foodstuffs ($10.4M), and Chemical Products ($572).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Liberia+$1.27MRefined Petroleum
Top Product Potential Liberia Malaysia+$1.58MCocoa 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 Liberia. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Liberia. Similarly, a dot/product with the flag of Liberia indicates it has a comparative advantage over Malaysia.

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

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