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2022
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Exports $867MRnk 37 / 218
2022
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Top Product $451MRefined Petroleum
2022
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Exports $88.1MRnk 31 / 194
2022
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Top Product $11.7MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 0.96Rnk 28 / 124
2022
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Economic Complexity (ECI) ECI -0.42Rnk 80 / 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$74.4BCURRENT US$
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 In 2022, Malaysia exported $867M to Sri Lanka. The main products that Malaysia exported to Sri Lanka are Refined Petroleum ($451M), Nitrogenous Fertilizers ($44M), and Palm Oil ($23.7M). During the last 27 years the exports of Malaysia to Sri Lanka have increased at an annualized rate of 5.91%, from $184M in 1995 to $867M in 2022.

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

Sri Lanka-Malaysia 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). During the last 27 years the exports of Sri Lanka to Malaysia have increased at an annualized rate of 4.98%, from $23.7M in 1995 to $88.1M in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 80 in the Economic Complexity Index (ECI -0.42), and 89 in total exports ($14.8B).

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR154M and imported MYR20.4M from Sri Lanka, resulting in a positive trade balance of MYR133M. Between September 2019 and September 2020 the exports of Malaysia have decreased by MYR-132M (-46.2%) from MYR285M to MYR154M, while imports increased by MYR2.3M (12.7%) from MYR18.1M to MYR20.4M.

Trade In September 2020, the top exports of Malaysia to Sri Lanka were Palm Oil (MYR24.1M), Sawn Wood (MYR16.1M), Refined Petroleum (MYR12.5M), Computers (MYR10.5M), and Cars (MYR5.01M). In September 2020 the top imports of Malaysia from Sri Lanka were Rubber (MYR6.15M), Other Knit Garments (MYR1.77M), Wheat Flours (MYR1.6M), Rubber Apparel (MYR1.12M), and Knit T-shirts (MYR918k).

Growth In September 2020, the decrease in Malaysia's year-by-year exports to Sri Lanka was explained primarily by an decrease in product exports in Refined Petroleum (MYR-38.3M or -75.4%), Palm Oil (MYR-31M or -56.2%), and Cement (MYR-5.7M or -99.1%). In September 2020, the increase in Malaysia's year-by-year imports  from Sri Lanka was explained primarily by an increase in product imports  in Rubber (MYR6.11M or 17.4k%), Rubber Apparel (MYR828k or 286%), and Non-Knit Women's Suits (MYR561k or 193%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (September 2019 - September 2020)MYR-132M(-46.2%)
IMPORT GROWTH (September 2019 - September 2020)MYR2.3M(12.7%)

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

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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 27 years the exports of Malaysia to Sri Lanka have increased at an annualized rate of 5.91%, from $184M in 1995 to $867M in 2022.

In 2022, 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 27 years the exports of Sri Lanka to Malaysia have increased at an annualized rate of 4.98%, from $23.7M in 1995 to $88.1M in 2022.

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

In 2021, countries that imported more from Sri Lanka than Malaysia were 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 2022, 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).

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

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

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