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2022
Flag → Flag
Exports $867MRnk 37 / 218
2022
Flag → Flag
Top Product $451MRefined Petroleum
2022
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Exports $88.1MRnk 31 / 194
2022
Flag → Flag
Top Product $11.7MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
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$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
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GDP GROWTH5.62%CURRENT US$
Rnk 153 / 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$3,354CURRENT US$
Rnk 130 / 186
2012-2022
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GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Malaysia-Sri Lanka Trade: In 2022, Malaysia exported $867M to Sri Lanka. The main products that Malaysia exported to Sri Lanka were Refined Petroleum ($451M), Nitrogenous Fertilizers ($44M), and Palm Oil ($23.7M). Over the past 5 years the exports of Malaysia to Sri Lanka have increased at an annualized rate of 5.68%, from $658M in 2017 to $867M in 2022.

In 2022, Malaysia did not export any services to Sri Lanka.

Sri Lanka-Malaysia Trade: In 2022, Sri Lanka exported $88.1M to Malaysia. The main products that Sri Lanka exported to Malaysia were Refined Petroleum ($11.7M), Wheat Flours ($8.42M), and Precious Stones ($4.19M). Over the past 5 years the exports of Sri Lanka to Malaysia have increased at an annualized rate of 2.45%,  from $65.9M in 2017 to $88.1M in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Latest Trends

August, 2024

About

Overview In August 2024, Malaysia exported MYR518M and imported MYR30.6M from Sri Lanka, resulting in a positive trade balance of MYR487M. Between August 2023 and August 2024 the exports of Malaysia have increased by MYR217M (72.2%) from MYR301M to MYR518M, while imports increased by MYR6.55M (27.2%) from MYR24.1M to MYR30.6M.

Trade In August 2024, the top exports of Malaysia to Sri Lanka were Refined Petroleum (MYR18.6M), Blank Audio Media (MYR12.2M), Raw Iron Bars (MYR9.87M), Coconut Oil (MYR9.81M), and Synthetic Rubber (MYR6.62M). In August 2024 the top imports of Malaysia from Sri Lanka were Wheat Flours (MYR2.2M), Non-Knit Women's Suits (MYR1.95M), Knit T-shirts (MYR1.41M), Tea (MYR1.17M), and Sports Equipment (MYR1.06M).

Growth In August 2024, the increase in Malaysia's year-by-year exports to Sri Lanka was explained primarily by an increase in product exports in Blank Audio Media (MYR10.1M or 476%), Coconut Oil (MYR7.04M or 253%), and Organo-Sulfur Compounds (MYR1.52M or 245%). In August 2024, the increase in Malaysia's year-by-year imports  from Sri Lanka was explained primarily by an increase in product imports  in Non-Knit Women's Suits (MYR1.73M or 799%), Non-Knit Men's Suits (MYR795k or 1.09k%), and Sports Equipment (MYR722k or 216%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)MYR217M(72.2%)
IMPORT GROWTH (August 2023 - August 2024)MYR6.55M(27.2%)

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 Sri Lanka and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Sri Lanka and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $867M to Sri Lanka. The main products exported from Malaysia to Sri Lanka were Refined Petroleum ($451M), Nitrogenous Fertilizers ($44M), and Palm Oil ($23.7M). During the last 5 years the exports of Malaysia to Sri Lanka have increased at an annualized rate of 5.68%, from $658M in 2017 to $867M in 2022.

In 2017, Sri Lanka exported $88.1M to Malaysia. The main products exported from Sri Lanka to Malaysia were Refined Petroleum ($11.7M), Wheat Flours ($8.42M), and Precious Stones ($4.19M). During the last 5 years the exports of Sri Lanka to Malaysia have increased at an annualized rate of 2.45%, from $65.9M in 2022 to $88.1M in 2017.

Exports from Malaysia (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Sri Lanka
Top DestinationUnited States$3.52B

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

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

In 2022, countries that imported more from Sri Lanka than Malaysia included Israel ($176M), Libya ($44.4M), and Azerbaijan ($76M).

Difference in imports from Sri Lanka (Flag) and Malaysia (Flag) (2022)

Comparative Advantage Malaysia - Sri Lanka

Flow
Scale

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

During 2022, Malaysia had a large net trade with Sri Lanka in the exports of Mineral Products ($473M), Chemical Products ($108M), and Animal and Vegetable Bi-Products ($65.7M).

During 2017, Sri Lanka had a large net trade with Malaysia in the exports of Textiles ($18.5M), Mineral Products ($15.3M), and Vegetable Products ($13.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Sri Lanka+$56.6MRefined Petroleum
Top Product Potential Sri Lanka Malaysia+$3.3MKnit T-shirts

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

Product Space of Malaysia (Flag) and Sri Lanka (Flag) (2022)

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