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Pricing

2022
Flag → Flag
Exports $11.5BRnk 12 / 218
2022
Flag → Flag
Top Product $3.28BIntegrated Circuits
2022
Flag → Flag
Exports $5.93BRnk 14 / 152
2022
Flag → Flag
Top Product $768MIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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Economic Complexity (ECI) ECI 0.2Rnk 55 / 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$409BCURRENT US$
Rnk 35 / 186
2012-2022
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GDP GROWTH109%CURRENT US$
Rnk 12 / 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$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Malaysia-Vietnam Trade: In 2022, Malaysia exported $11.5B to Vietnam. The main products that Malaysia exported to Vietnam were Integrated Circuits ($3.28B), Refined Petroleum ($1.3B), and Semiconductor Devices ($509M). Over the past 5 years the exports of Malaysia to Vietnam have increased at an annualized rate of 11.2%, from $6.78B in 2017 to $11.5B in 2022.

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

Vietnam-Malaysia Trade: In 2022, Vietnam exported $5.93B to Malaysia. The main products that Vietnam exported to Malaysia were Integrated Circuits ($768M), Broadcasting Equipment ($360M), and Hot-Rolled Iron ($355M). Over the past 5 years the exports of Vietnam to Malaysia have increased at an annualized rate of 4.86%,  from $4.68B in 2017 to $5.93B in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Latest Trends

September, 2024

About

Overview In September 2024, Malaysia exported MYR3.95B and imported MYR2.21B from Vietnam, resulting in a positive trade balance of MYR1.74B. Between September 2023 and September 2024 the exports of Malaysia have decreased by MYR-1.39B (-26%) from MYR5.33B to MYR3.95B, while imports increased by MYR16.8M (0.77%) from MYR2.19B to MYR2.21B.

Trade In September 2024, the top exports of Malaysia to Vietnam were Integrated Circuits (MYR1.51B), Refined Petroleum (MYR910M), Air Conditioners (MYR141M), Iron Ore (MYR90.7M), and Oscilloscopes (MYR74.2M). In September 2024 the top imports of Malaysia from Vietnam were Integrated Circuits (MYR231M), Disc Chemicals for Electronics (MYR162M), Telephones (MYR89.6M), Computers (MYR83.2M), and Petroleum Gas (MYR66.5M).

Growth In September 2024, the decrease in Malaysia's year-by-year exports to Vietnam was explained primarily by an decrease in product exports in Palm Oil (MYR-277M or -90%), Rare-Earth Metal Compounds (MYR-109M or -68%), and Computers (MYR-70.4M or -64.4%). In September 2024, the increase in Malaysia's year-by-year imports  from Vietnam was explained primarily by an increase in product imports  in Disc Chemicals for Electronics (MYR128M or 368%), Petroleum Gas (MYR66.2M or 21.7k%), and Blank Audio Media (MYR40.2M or 786%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)MYR-1.39B(-26%)
IMPORT GROWTH (September 2023 - September 2024)MYR16.8M(0.77%)

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 Vietnam and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Vietnam and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $11.5B to Vietnam. The main products exported from Malaysia to Vietnam were Integrated Circuits ($3.28B), Refined Petroleum ($1.3B), and Semiconductor Devices ($509M). During the last 5 years the exports of Malaysia to Vietnam have increased at an annualized rate of 11.2%, from $6.78B in 2017 to $11.5B in 2022.

In 2017, Vietnam exported $5.93B to Malaysia. The main products exported from Vietnam to Malaysia were Integrated Circuits ($768M), Broadcasting Equipment ($360M), and Hot-Rolled Iron ($355M). During the last 5 years the exports of Vietnam to Malaysia have increased at an annualized rate of 4.86%, from $4.68B in 2022 to $5.93B in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Malaysia than Vietnam included Singapore ($53.8B), Hong Kong ($21.7B), and Indonesia ($12.5B).

In 2022, countries that imported more from Vietnam than Malaysia included United States ($117B), South Korea ($25.2B), and China ($58.7B).

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

Comparative Advantage Malaysia - Vietnam

Flow
Scale

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

During 2022, Malaysia had a large net trade with Vietnam in the exports of Machines ($5.37B), Mineral Products ($1.85B), and Chemical Products ($837M).

During 2017, Vietnam had a large net trade with Malaysia in the exports of Machines ($2.28B), Metals ($803M), and Chemical Products ($575M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Vietnam+$643MIntegrated Circuits
Top Product Potential Vietnam Malaysia+$388MIntegrated 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 Vietnam. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Vietnam. Similarly, a dot/product with the flag of Vietnam indicates it has a comparative advantage over Malaysia.

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

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