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2023
Flag → Flag
Exports $1.56MRnk 182 / 221
2023
Flag → Flag
Top Product $629kPalm Oil
2023
Flag → Flag
Exports $23MRnk 8 / 110
2023
Flag → Flag
Top Product $20.8MTin Ores
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH80.3%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
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GDP PC$1,010CURRENT US$
Rnk 176 / 196
2013-2023
Flag
GDP PC GROWTH43.3%CURRENT US$
Rnk 55 / 195

About

Malaysia-Rwanda Trade: In 2023, Malaysia exported $1.56M to Rwanda. The main products that Malaysia exported to Rwanda were Palm Oil ($629k), Rubber Apparel ($150k), and Light Fixtures ($106k). Over the past 5 years the exports of Malaysia to Rwanda have decreased at an annualized rate of 45.2%, from $31.6M in 2018 to $1.56M in 2023.

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

Rwanda-Malaysia Trade: In 2023, Rwanda exported $23M to Malaysia. The main products that Rwanda exported to Malaysia were Tin Ores ($20.8M), Tungsten Ore ($1.57M), and Coffee ($625k). Over the past 5 years the exports of Rwanda to Malaysia have increased at an annualized rate of 0.63%,  from $22.3M in 2018 to $23M in 2023.

In 2023, Rwanda 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, Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR1.24M and imported MYR21.1M from Rwanda, resulting in a negative trade balance of MYR19.9M. Between November 2023 and November 2024 the exports of Malaysia have increased by MYR1.14M (1.14k%) from MYR100k to MYR1.24M, while imports increased by MYR14M (197%) from MYR7.13M to MYR21.1M.

Trade In November 2024, the top exports of Malaysia to Rwanda were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) (MYR110k), Scented Mixtures (MYR46k), Other Plastic Products (MYR1.87k), Telephones (MYR800), and Precious Metal Watches (MYR658). In November 2024 the top imports of Malaysia from Rwanda were Tin Ores (MYR1.77M), Coffee (MYR4.71k), and Trunks and Cases (MYR3.6k).

Growth In November 2024, the increase in Malaysia's year-by-year exports to Rwanda was explained primarily by an increase in product exports in Scented Mixtures (MYR11.3k or 32.6%). In November 2024, the increase in Malaysia's year-by-year imports  from Rwanda was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR1.14M(1.14k%)
IMPORT GROWTH (November 2023 - November 2024)MYR14M(197%)

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 Rwanda and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Rwanda and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $1.56M to Rwanda. The main products exported from Malaysia to Rwanda were Palm Oil ($629k), Rubber Apparel ($150k), and Light Fixtures ($106k). During the last 5 years the exports of Malaysia to Rwanda have decreased at an annualized rate of 45.2%, from $31.6M in 2018 to $1.56M in 2023.

In 2018, Rwanda exported $23M to Malaysia. The main products exported from Rwanda to Malaysia were Tin Ores ($20.8M), Tungsten Ore ($1.57M), and Coffee ($625k). During the last 5 years the exports of Rwanda to Malaysia have increased at an annualized rate of 0.63%, from $22.3M in 2023 to $23M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Rwanda
Top DestinationUnited Arab Emirates$895M

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

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

In 2023, no countries were registered that imported more from Rwanda than from Malaysia.

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

Comparative Advantage Malaysia - Rwanda

Flow
Scale

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

During 2023, Malaysia had a large net trade with Rwanda in the exports of Animal and Vegetable Bi-Products ($653k), Plastics and Rubbers ($204k), and Chemical Products ($187k).

During 2018, Rwanda had a large net trade with Malaysia in the exports of Mineral Products ($22.4M), Vegetable Products ($625k), and Machines ($3.75k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Rwanda+$261kRubber Apparel
Top Product Potential Rwanda Malaysia+$284kIntegrated Circuits

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

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

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