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2022
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Exports $4.09BRnk 18 / 218
2022
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Top Product $909MRaw Aluminium
2022
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Exports $485MRnk 79 / 219
2022
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Top Product $67.2MJewellery
2022
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Economic Complexity (ECI) ECI 0.96Rnk 28 / 124
2022
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Economic Complexity (ECI) ECI 0.59Rnk 39 / 124
2022
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GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
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 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
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GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
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GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Malaysia-Turkey In 2022, Malaysia exported $4.09B to Turkey. The main products that Malaysia exported to Turkey are Raw Aluminium ($909M), Palm Oil ($802M), and Coconut Oil ($157M). During the last 27 years the exports of Malaysia to Turkey have increased at an annualized rate of 10.8%, from $259M in 1995 to $4.09B in 2022.

In 2022, Malaysia did not export any services to Turkey.

Turkey-Malaysia In 2022, Turkey exported $485M to Malaysia. The main products that Turkey exported to Malaysia were Jewellery ($67.2M), Hand-Woven Rugs ($41.9M), and Iron Blocks ($26.8M). During the last 27 years the exports of Turkey to Malaysia have increased at an annualized rate of 5.03%, from $129M in 1995 to $485M in 2022.

In 2009, Turkey exported services to Malaysia worth $1.03M, with Insurance services ($1.03M) being the largest in terms of value.

Comparison In 2022,  Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B). That same year, Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B).

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR774M and imported MYR123M from Turkey, resulting in a positive trade balance of MYR651M. Between September 2019 and September 2020 the exports of Malaysia have increased by MYR340M (78.5%) from MYR434M to MYR774M, while imports decreased by MYR-10.5M (-7.83%) from MYR133M to MYR123M.

Trade In September 2020, the top exports of Malaysia to Turkey were Palm Oil (MYR141M), Other Vegetable Oils (MYR41.3M), Synthetic Filament Yarn Woven Fabric (MYR28.6M), Non-Retail Synthetic Filament Yarn (MYR25.9M), and Raw Aluminium (MYR25.1M). In September 2020 the top imports of Malaysia from Turkey were Raw Iron Bars (MYR46.9M), Iron Blocks (MYR23.9M), Gas Turbines (MYR13M), Machinery Having Individual Functions (MYR5.07M), and Hand-Woven Rugs (MYR3.18M).

Growth In September 2020, the increase in Malaysia's year-by-year exports to Turkey was explained primarily by an increase in product exports in Polyacetals (MYR15.4M or 286%), Commodities not elsewhere specified (MYR9.91M or 1.72k%), and Saturated Acyclic Monocarboxylic Acids (MYR8.69M or 623%). In September 2020, the decrease in Malaysia's year-by-year imports  from Turkey was explained primarily by an decrease in product imports  in Gold (MYR-6.92M or -70.2%), Borates (MYR-3.73M or -56.9%), and Shaving Products (MYR-2.4M or -74.9%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (September 2019 - September 2020)MYR340M(78.5%)
IMPORT GROWTH (September 2019 - September 2020)MYR-10.5M(-7.83%)

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 Turkey and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $4.09B to Turkey. The main products exported from Malaysia to Turkey were Raw Aluminium ($909M), Palm Oil ($802M), and Coconut Oil ($157M). During the last 27 years the exports of Malaysia to Turkey have increased at an annualized rate of 10.8%, from $259M in 1995 to $4.09B in 2022.

In 2022, Turkey exported $485M to Malaysia. The main products exported from Turkey to Malaysia were Jewellery ($67.2M), Hand-Woven Rugs ($41.9M), and Iron Blocks ($26.8M). During the last 27 years the exports of Turkey to Malaysia have increased at an annualized rate of 5.03%, from $129M in 1995 to $485M in 2022.

Exports from Malaysia (Flag) to Turkey (Flag) (2022)

Exports from Turkey (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Turkey
Top DestinationGermany$21.9B

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

In 2021, countries that imported more from Malaysia than Turkey were Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2021, countries that imported more from Turkey than Malaysia were Iraq ($13.7B), Germany ($21.9B), and Italy ($12.6B).

Difference in imports from Turkey (Flag) and Malaysia (Flag) (2022)

Comparative Advantage Malaysia - Turkey

Flow
Scale

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

During 2022, Malaysia had a large net trade with Turkey in the exports of Animal and Vegetable Bi-Products ($1.23B), Metals ($1.08B), and Machines ($554M).

During 2022, Turkey had a large net trade with Malaysia in the exports of Precious Metals ($84.2M), Textiles ($72.7M), and Chemical Products ($57.7M).

Service Trade

Bilateral Service Trade

Tur Year

In 2009, Turkey exported services to Malaysia worth $1.03M, with Insurance services ($1.03M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Turkey (Flag) to Malaysia (Flag) (2009)

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

Product Space of Malaysia (Flag) and Turkey (Flag) (2022)

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