Flag Malaysia / Thailand Flag

2020
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Exports
: $10.5B, Rnk 6 / 215

2020
FlagFlag
Top Product
: $1.5B, Integrated Circuits

2020
FlagFlag
Exports
: $8.78B, Rnk 8 / 214

2020
FlagFlag
Top Product
: $716M, Rubber

2020
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Economic Complexity (ECI)
: ECI 1.02, Rnk 25 / 127

2020
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Economic Complexity (ECI)
: ECI 0.91, Rnk 30 / 127

2020
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GDP
: $337B, CURRENT US$
Rnk 39 / 204

2010-2020
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GDP GROWTH
: 32.2%, CURRENT US$
Rnk 97 / 204

2020
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 GDP
: $500B, CURRENT US$
Rnk 24 / 204

2010-2020
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GDP GROWTH
: 46.5%, CURRENT US$
Rnk 61 / 204

2020
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GDP PC 
: $10,412, CURRENT US$
Rnk 76 / 204

2010-2020
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GDP PC GROWTH
: 15.2%, CURRENT US$
Rnk 96 / 204

2020
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GDP PC
: $7,159, CURRENT US$
Rnk 95 / 204

2010-2020
Flag
GDP PC GROWTH
: 41%, CURRENT US$
Rnk 41 / 204

Malaysia-Thailand In 2020, Malaysia exported $10.5B to Thailand. The main products that Malaysia exported to Thailand are Integrated Circuits ($1.5B), Blank Audio Media ($886M), and Crude Petroleum ($840M). During the last 25 years the exports of Malaysia to Thailand have increased at an annualized rate of 4.94%, from $3.14B in 1995 to $10.5B in 2020.

In 2020, Malaysia did not export any services to Thailand.

Thailand-Malaysia In 2020, Thailand exported $8.78B to Malaysia. The main products that Thailand exported to Malaysia were Rubber ($716M), Motor vehicles; parts and accessories (8701 to 8705) ($567M), and Refined Petroleum ($502M). During the last 25 years the exports of Thailand to Malaysia have increased at an annualized rate of 6.74%, from $1.72B in 1995 to $8.78B in 2020.

In 2020, Thailand did not export any services to Malaysia.

Comparison In 2020,  Malaysia ranked 25 in the Economic Complexity Index (ECI 1.02), and 20 in total exports ($266B). That same year, Thailand ranked 30 in the Economic Complexity Index (ECI 0.91), and 23 in total exports ($243B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Malaysia exported $10.5B to Thailand. The main products exported from Malaysia to Thailand were Integrated Circuits ($1.5B), Blank Audio Media ($886M), and Crude Petroleum ($840M). During the last 25 years the exports of Malaysia to Thailand have increased at an annualized rate of 4.94%, from $3.14B in 1995 to $10.5B in 2020.

In 2020, Thailand exported $8.78B to Malaysia. The main products exported from Thailand to Malaysia were Rubber ($716M), Motor vehicles; parts and accessories (8701 to 8705) ($567M), and Refined Petroleum ($502M). During the last 25 years the exports of Thailand to Malaysia have increased at an annualized rate of 6.74%, from $1.72B in 1995 to $8.78B in 2020.

Market Competitiveness

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Measure

Malaysia
Top Destination
: China, $38.7B

Thailand
Top Destination
: United States, $35.3B

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 2019, countries that imported more from Malaysia than Thailand were Singapore ($36.5B), China ($38.7B), and Mexico ($10.2B).

In 2019, countries that imported more from Thailand than Malaysia were Japan ($23.2B), Switzerland ($8.03B), and Cambodia ($5.74B).

Comparative Advantage Malaysia - Thailand

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Flow

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

During 2020, Malaysia had a large net trade with Thailand in the exports of Machines ($4.55B), Mineral Products ($1.44B), and Chemical Products ($907M).

During 2020, Thailand had a large net trade with Malaysia in the exports of Machines ($2.68B), Plastics and Rubbers ($1.58B), and Transportation ($1.14B).

Economic Complexity

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Competitive Landscape

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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.