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2023
Flag → Flag
Exports $226MRnk 67 / 221
2023
Flag → Flag
Top Product $25.4MCoffee and Tea Extracts
2023
Flag → Flag
Exports $251MRnk 27 / 177
2023
Flag → Flag
Top Product $95.8MCopper Ore
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.61Rnk 90 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH33%CURRENT US$
Rnk 108 / 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$7,907CURRENT US$
Rnk 97 / 196
2013-2023
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GDP PC GROWTH17.2%CURRENT US$
Rnk 111 / 195

About

Malaysia-Peru Trade: In 2023, Malaysia exported $226M to Peru. The main products that Malaysia exported to Peru were Coffee and Tea Extracts ($25.4M), Other Edible Preparations ($14.4M), and Glass Working Machines ($12.3M). Over the past 5 years the exports of Malaysia to Peru have decreased at an annualized rate of 1.06%, from $238M in 2018 to $226M in 2023.

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

Peru-Malaysia Trade: In 2023, Peru exported $251M to Malaysia. The main products that Peru exported to Malaysia were Copper Ore ($95.8M), Cocoa Beans ($69.1M), and Raw Zinc ($52.6M). Over the past 5 years the exports of Peru to Malaysia have increased at an annualized rate of 16.7%,  from $116M in 2018 to $251M in 2023.

In 2023, Peru 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, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR52M and imported MYR216M from Peru, resulting in a negative trade balance of MYR164M. Between November 2023 and November 2024 the exports of Malaysia have increased by MYR618k (1.2%) from MYR51.4M to MYR52M, while imports increased by MYR147M (216%) from MYR68.3M to MYR216M.

Trade In November 2024, the top exports of Malaysia to Peru were Nitrogenous Fertilizers (MYR42M), Glass Working Machines (MYR13.3M), Coffee and Tea Extracts (MYR10.1M), Other Edible Preparations (MYR7.66M), and Float Glass (MYR4.09M). In November 2024 the top imports of Malaysia from Peru were Copper Ore (MYR27.2M), Cocoa Beans (MYR24.9M), Coffee (MYR19.4M), Raw Zinc (MYR1.36M), and Borax (MYR1.16M).

Growth In November 2024, the increase in Malaysia's year-by-year exports to Peru was explained primarily by an increase in product exports in Coffee and Tea Extracts (MYR4.39M or 77.3%), Other Edible Preparations (MYR2.74M or 55.6%), and Float Glass (MYR616k or 17.7%). In November 2024, the increase in Malaysia's year-by-year imports  from Peru was explained primarily by an increase in product imports  in Cocoa Beans (MYR23.8M or 2.23k%), Coffee (MYR19.3M or 35.7k%), and Knit Men's Shirts (MYR203k or 634%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR618k(1.2%)
IMPORT GROWTH (November 2023 - November 2024)MYR147M(216%)

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 Peru and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Peru and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $226M to Peru. The main products exported from Malaysia to Peru were Coffee and Tea Extracts ($25.4M), Other Edible Preparations ($14.4M), and Glass Working Machines ($12.3M). During the last 5 years the exports of Malaysia to Peru have decreased at an annualized rate of 1.06%, from $238M in 2018 to $226M in 2023.

In 2018, Peru exported $251M to Malaysia. The main products exported from Peru to Malaysia were Copper Ore ($95.8M), Cocoa Beans ($69.1M), and Raw Zinc ($52.6M). During the last 5 years the exports of Peru to Malaysia have increased at an annualized rate of 16.7%, from $116M in 2023 to $251M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Peru
Top DestinationChina$22.5B

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

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

In 2023, countries that imported more from Peru than Malaysia included Chile ($1.92B), Switzerland ($2.42B), and Ecuador ($1.12B).

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

Comparative Advantage Malaysia - Peru

Flow
Scale

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

During 2023, Malaysia had a large net trade with Peru in the exports of Machines ($81.4M), Foodstuffs ($50.5M), and Chemical Products ($20.7M).

During 2018, Peru had a large net trade with Malaysia in the exports of Mineral Products ($114M), Foodstuffs ($69.2M), and Metals ($59.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Peru+$15.7MTelephones
Top Product Potential Peru Malaysia+$22.4MCopper Ore

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

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

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