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2022
Flag → Flag
Exports $143MRnk 87 / 218
2022
Flag → Flag
Top Product $20MIntegrated Circuits
2022
Flag → Flag
Exports $137MRnk 48 / 191
2022
Flag → Flag
Top Product $105MSeed Oils
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
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$161BCURRENT US$
Rnk 58 / 186
2012-2022
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GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
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GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Malaysia-Ukraine Trade: In 2022, Malaysia exported $143M to Ukraine. The main products that Malaysia exported to Ukraine were Integrated Circuits ($20M), Broadcasting Equipment ($18.5M), and Palm Oil ($15.9M). Over the past 5 years the exports of Malaysia to Ukraine have decreased at an annualized rate of 4.62%, from $182M in 2017 to $143M in 2022.

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

Ukraine-Malaysia Trade: In 2022, Ukraine exported $137M to Malaysia. The main products that Ukraine exported to Malaysia were Seed Oils ($105M), Concentrated Milk ($5.82M), and Dried Legumes ($5.77M). Over the past 5 years the exports of Ukraine to Malaysia have decreased at an annualized rate of 2.86%,  from $158M in 2017 to $137M in 2022.

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

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Latest Trends

August, 2024

About

Overview In August 2024, Malaysia exported MYR20.7M and imported MYR89.5M from Ukraine, resulting in a negative trade balance of MYR68.9M. Between August 2023 and August 2024 the exports of Malaysia have increased by MYR12.7M (160%) from MYR7.96M to MYR20.7M, while imports increased by MYR57.2M (177%) from MYR32.4M to MYR89.5M.

Trade In August 2024, the top exports of Malaysia to Ukraine were Scented Mixtures (MYR6.43M), Stranded Iron Wire (MYR607k), Nonaqueous Pigments (MYR412k), Coconut Oil (MYR256k), and Broadcasting Equipment (MYR237k). In August 2024 the top imports of Malaysia from Ukraine were Seed Oils (MYR3.75M), Dried Legumes (MYR1.54M), Other Vegetable Residues (MYR459k), Buckwheat (MYR263k), and Raw Aluminium (MYR209k).

Growth In August 2024, the increase in Malaysia's year-by-year exports to Ukraine was explained primarily by an increase in product exports in Scented Mixtures (MYR6.09M or 1.81k%), Ball Bearings (MYR172k or 3.06k%), and Broadcasting Equipment (MYR125k or 112%). In August 2024, the increase in Malaysia's year-by-year imports  from Ukraine was explained primarily by an increase in product imports  in Raw Aluminium (MYR169k or 420%), Kaolin (MYR3.55k or 8.71%), and Gaskets (MYR1.15k or 19.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)MYR12.7M(160%)
IMPORT GROWTH (August 2023 - August 2024)MYR57.2M(177%)

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 Ukraine and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Ukraine and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $143M to Ukraine. The main products exported from Malaysia to Ukraine were Integrated Circuits ($20M), Broadcasting Equipment ($18.5M), and Palm Oil ($15.9M). During the last 5 years the exports of Malaysia to Ukraine have decreased at an annualized rate of 4.62%, from $182M in 2017 to $143M in 2022.

In 2017, Ukraine exported $137M to Malaysia. The main products exported from Ukraine to Malaysia were Seed Oils ($105M), Concentrated Milk ($5.82M), and Dried Legumes ($5.77M). During the last 5 years the exports of Ukraine to Malaysia have decreased at an annualized rate of 2.86%, from $158M in 2022 to $137M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Ukraine
Top DestinationPoland$6.7B

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

In 2022, countries that imported more from Malaysia than Ukraine included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Ukraine than Malaysia included Poland ($6.7B), Romania ($3.94B), and Hungary ($2.28B).

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

Comparative Advantage Malaysia - Ukraine

Flow
Scale

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

During 2022, Malaysia had a large net trade with Ukraine in the exports of Machines ($76.8M), Animal and Vegetable Bi-Products ($24.9M), and Plastics and Rubbers ($10.1M).

During 2017, Ukraine had a large net trade with Malaysia in the exports of Animal and Vegetable Bi-Products ($107M), Vegetable Products ($8.93M), and Animal Products ($8.87M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Ukraine+$6.53MPalm Oil
Top Product Potential Ukraine Malaysia+$3.16MWheat

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

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

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