2023
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GDP
$400BCURRENT US$
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2013-2023
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GDP GROWTH
23.6%CURRENT US$
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2023
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 GDP
$351BCURRENT US$
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2013-2023
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GDP GROWTH
84.8%CURRENT US$
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2023
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GDP PC 
$11,379CURRENT US$
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2013-2023
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GDP PC GROWTH
6.21%CURRENT US$
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2023
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GDP PC
$18,404CURRENT US$
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2013-2023
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GDP PC GROWTH
93.8%CURRENT US$
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About

Malaysia-Romania Trade: In 2023, Malaysia exported $204M to Romania. The main products that Malaysia exported to Romania were Integrated Circuits ($35.6M), Broadcasting Equipment ($21.9M), and Electrical Control Boards ($16.3M). Over the past 5 years the exports of Malaysia to Romania have increased at an annualized rate of 11.1%, from $120M in 2018 to $204M in 2023.

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

Romania-Malaysia Trade: In 2023, Romania exported $127M to Malaysia. The main products that Romania exported to Malaysia were Wheat ($21.2M), Refined Petroleum ($12M), and Veneer Sheets ($11M). Over the past 5 years the exports of Romania to Malaysia have increased at an annualized rate of 17.5%,  from $34.9M in 2018 to $127M in 2023.

In 2020, Romania exported services to Malaysia worth $33.7M, with Other business services ($21.7M), Computer and information services ($4.91M), and Communications services ($3.77M) being the largest in terms of value.

Comparison: In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B). That same year, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $204M to Romania. The main products exported from Malaysia to Romania were Integrated Circuits ($35.6M), Broadcasting Equipment ($21.9M), and Electrical Control Boards ($16.3M). During the last 5 years the exports of Malaysia to Romania have increased at an annualized rate of 11.1%, from $120M in 2018 to $204M in 2023.

In 2018, Romania exported $127M to Malaysia. The main products exported from Romania to Malaysia were Wheat ($21.2M), Refined Petroleum ($12M), and Veneer Sheets ($11M). During the last 5 years the exports of Romania to Malaysia have increased at an annualized rate of 17.5%, from $34.9M in 2023 to $127M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
China$79.8B
Romania
Top Destination
Germany$19.9B

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

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

In 2023, countries that imported more from Romania than Malaysia included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

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

Comparative Advantage Malaysia - Romania

Flow
Scale

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

During 2023, Malaysia had a large net trade with Romania in the exports of Machines ($127M), Chemical Products ($19.5M), and Metals ($17.7M).

During 2018, Romania had a large net trade with Malaysia in the exports of Machines ($26.1M), Vegetable Products ($24.2M), and Animal and Vegetable Bi-Products ($14.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Romania+$39.6MIntegrated Circuits
Top Product Potential Romania Malaysia+$4.67MLow-voltage Protection Equipment

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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Bilateral Service Trade

In 2020, Romania exported services to Malaysia worth $33.7M, with Other business services ($21.7M), Computer and information services ($4.91M), and Communications services ($3.77M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Romania (Flag) to Malaysia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Malaysia and Romania. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Romania. Similarly, a dot/product with the flag of Romania indicates it has a comparative advantage over Malaysia.

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

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