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2023
Flag → Flag
Exports $493MRnk 47 / 221
2023
Flag → Flag
Top Product $141MRefined Petroleum
2023
Flag → Flag
Exports $176MRnk 11 / 93
2023
Flag → Flag
Top Product $41.1MPalm Oil
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.63Rnk 127 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$30.7BCURRENT US$
Rnk 110 / 195
2013-2023
Flag
GDP GROWTH44.5%CURRENT US$
Rnk 87 / 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$2,958CURRENT US$
Rnk 142 / 196
2013-2023
Flag
GDP PC GROWTH15.5%CURRENT US$
Rnk 117 / 195

About

Malaysia-Papua New Guinea Trade: In 2023, Malaysia exported $493M to Papua New Guinea. The main products that Malaysia exported to Papua New Guinea were Refined Petroleum ($141M), Crude Petroleum ($55.5M), and Nitrogenous Fertilizers ($19.4M). Over the past 5 years the exports of Malaysia to Papua New Guinea have increased at an annualized rate of 1.59%, from $455M in 2018 to $493M in 2023.

In 2023, Malaysia did not export any services to Papua New Guinea.

Papua New Guinea-Malaysia Trade: In 2023, Papua New Guinea exported $176M to Malaysia. The main products that Papua New Guinea exported to Malaysia were Palm Oil ($41.1M), Cocoa Beans ($32.2M), and Coconut Oil ($31.6M). Over the past 5 years the exports of Papua New Guinea to Malaysia have increased at an annualized rate of 2.79%,  from $154M in 2018 to $176M in 2023.

In 2023, Papua New Guinea 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, Papua New Guinea ranked 127 in the Economic Complexity Index (ECI -1.63), and 93 in total exports ($12.5B).

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR124M and imported MYR106M from Papua New Guinea, resulting in a positive trade balance of MYR17.8M. Between November 2023 and November 2024 the exports of Malaysia have increased by MYR13.8M (12.6%) from MYR110M to MYR124M, while imports increased by MYR82.3M (347%) from MYR23.7M to MYR106M.

Trade In November 2024, the top exports of Malaysia to Papua New Guinea were Refined Petroleum (MYR41.4M), Nitrogenous Fertilizers (MYR16.6M), Transmissions (MYR6.36M), Other Edible Preparations (MYR5.49M), and Palm Oil (MYR5.33M). In November 2024 the top imports of Malaysia from Papua New Guinea were Palm Oil (MYR32.7M), Coconut Oil (MYR18.2M), Cocoa Beans (MYR13.9M), Precious Metal Ore (MYR12.5M), and Rough Wood (MYR2.35M).

Growth In November 2024, the increase in Malaysia's year-by-year exports to Papua New Guinea was explained primarily by an increase in product exports in Refined Petroleum (MYR39.7M or 2.22k%), Nitrogenous Fertilizers (MYR5.67M or 52.1%), and Transmissions (MYR5.07M or 391%). In November 2024, the increase in Malaysia's year-by-year imports  from Papua New Guinea was explained primarily by an increase in product imports  in Cocoa Beans (MYR10.7M or 334%) and Rubber (MYR168k or 130%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR13.8M(12.6%)
IMPORT GROWTH (November 2023 - November 2024)MYR82.3M(347%)

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 Papua New Guinea and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Papua New Guinea and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $493M to Papua New Guinea. The main products exported from Malaysia to Papua New Guinea were Refined Petroleum ($141M), Crude Petroleum ($55.5M), and Nitrogenous Fertilizers ($19.4M). During the last 5 years the exports of Malaysia to Papua New Guinea have increased at an annualized rate of 1.59%, from $455M in 2018 to $493M in 2023.

In 2018, Papua New Guinea exported $176M to Malaysia. The main products exported from Papua New Guinea to Malaysia were Palm Oil ($41.1M), Cocoa Beans ($32.2M), and Coconut Oil ($31.6M). During the last 5 years the exports of Papua New Guinea to Malaysia have increased at an annualized rate of 2.79%, from $154M in 2023 to $176M in 2018.

Exports from Malaysia (Flag) to Papua New Guinea (Flag) (2023)

Exports from Papua New Guinea (Flag) to Malaysia (Flag) (2023)

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Papua New Guinea
Top DestinationChina$3.55B

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

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

In 2023, no countries were registered that imported more from Papua New Guinea than from Malaysia.

Difference in imports from Papua New Guinea (Flag) and Malaysia (Flag) (2023)

Comparative Advantage Malaysia - Papua New Guinea

Flow
Scale

This chart compares trade between Malaysia and Papua New Guinea by product, considering products traded by both, Malaysia and Papua New Guinea.

During 2023, Malaysia had a large net trade with Papua New Guinea in the exports of Mineral Products ($216M), Machines ($74.5M), and Chemical Products ($69.5M).

During 2018, Papua New Guinea had a large net trade with Malaysia in the exports of Animal and Vegetable Bi-Products ($82.1M), Mineral Products ($45.4M), and Foodstuffs ($33.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Papua New Guinea+$6.18MRefined Petroleum
Top Product Potential Papua New Guinea Malaysia+$27MCrude Petroleum

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

Product Space of Malaysia (Flag) and Papua New Guinea (Flag) (2023)

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