2021
Flag  
GDP
$373BCURRENT US$
Rnk 38 / 204
2011-2021
Flag
GDP GROWTH
25.2%CURRENT US$
Rnk 106 / 204
2021
Flag
 GDP
$506BCURRENT US$
Rnk 24 / 204
2011-2021
Flag
GDP GROWTH
36.3%CURRENT US$
Rnk 86 / 204
2021
Flag
GDP PC 
$11,109CURRENT US$
Rnk 81 / 204
2011-2021
Flag
GDP PC GROWTH
8.81%CURRENT US$
Rnk 119 / 204
2021
Flag
GDP PC
$7,061CURRENT US$
Rnk 103 / 204
2011-2021
Flag
GDP PC GROWTH
30.8%CURRENT US$
Rnk 60 / 204

About

Malaysia-Thailand In 2021, Malaysia exported $12.7B to Thailand. The main products that Malaysia exported to Thailand are Integrated Circuits ($1.49B), Crude Petroleum ($1.07B), and Blank Audio Media ($951M). During the last 26 years the exports of Malaysia to Thailand have increased at an annualized rate of 5.55%, from $3.13B in 1995 to $12.7B in 2021.

In 2021, Malaysia did not export any services to Thailand.

Thailand-Malaysia In 2021, Thailand exported $11.9B to Malaysia. The main products that Thailand exported to Malaysia were Refined Petroleum ($830M), Rubber ($820M), and Motor vehicles; parts and accessories (8701 to 8705) ($662M). During the last 26 years the exports of Thailand to Malaysia have increased at an annualized rate of 7.72%, from $1.72B in 1995 to $11.9B in 2021.

In 2021, Thailand did not export any services to Malaysia.

Comparison In 2021,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 21 in total exports ($333B). That same year, Thailand ranked 29 in the Economic Complexity Index (ECI 0.97), and 25 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Malaysia exported $12.7B to Thailand. The main products exported from Malaysia to Thailand were Integrated Circuits ($1.49B), Crude Petroleum ($1.07B), and Blank Audio Media ($951M). During the last 26 years the exports of Malaysia to Thailand have increased at an annualized rate of 5.55%, from $3.13B in 1995 to $12.7B in 2021.

In 2021, Thailand exported $11.9B to Malaysia. The main products exported from Thailand to Malaysia were Refined Petroleum ($830M), Rubber ($820M), and Motor vehicles; parts and accessories (8701 to 8705) ($662M). During the last 26 years the exports of Thailand to Malaysia have increased at an annualized rate of 7.72%, from $1.72B in 1995 to $11.9B in 2021.

Exports from Malaysia (Flag) to Thailand (Flag) (2021)

Exports from Thailand (Flag) to Malaysia (Flag) (2021)

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$49.6B
Thailand
Top Destination
United States$45.3B

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

In 2021, countries that imported more from Malaysia than Thailand were Singapore ($49.6B), China ($47.9B), and Hong Kong ($19.2B).

In 2021, countries that imported more from Thailand than Malaysia were Japan ($25.1B), Cambodia ($6.69B), and Laos ($4B).

Difference in imports from Thailand (Flag) and Malaysia (Flag) (2021)

Comparative Advantage Malaysia - Thailand

Flow
Scale

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

During 2021, Malaysia had a large net trade with Thailand in the exports of Machines ($4.95B), Mineral Products ($1.8B), and Chemical Products ($1.35B).

During 2021, Thailand had a large net trade with Malaysia in the exports of Machines ($3.34B), Transportation ($1.84B), and Plastics and Rubbers ($1.84B).

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

Product Space of Malaysia (Flag) and Thailand (Flag) (2021)

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