2022
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GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
29.2%CURRENT US$
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2022
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 GDP
$409BCURRENT US$
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2012-2022
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GDP GROWTH
109%CURRENT US$
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2022
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GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH
12.9%CURRENT US$
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2022
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GDP PC
$4,164CURRENT US$
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2012-2022
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GDP PC GROWTH
90.1%CURRENT US$
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About

Malaysia-Vietnam In 2022, Malaysia exported $11.5B to Vietnam. The main products that Malaysia exported to Vietnam are Integrated Circuits ($3.28B), Refined Petroleum ($1.3B), and Semiconductor Devices ($509M). During the last 27 years the exports of Malaysia to Vietnam have increased at an annualized rate of 15%, from $266M in 1995 to $11.5B in 2022.

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

Vietnam-Malaysia 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). During the last 27 years the exports of Vietnam to Malaysia have increased at an annualized rate of 15.6%, from $117M in 1995 to $5.93B in 2022.

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

Comparison In 2022,  Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B). That same year, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B).

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 27 years the exports of Malaysia to Vietnam have increased at an annualized rate of 15%, from $266M in 1995 to $11.5B in 2022.

In 2022, 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 27 years the exports of Vietnam to Malaysia have increased at an annualized rate of 15.6%, from $117M in 1995 to $5.93B in 2022.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Vietnam
Top Destination
United 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 2021, countries that imported more from Malaysia than Vietnam were Singapore ($53.8B), Hong Kong ($21.7B), and Indonesia ($12.5B).

In 2021, countries that imported more from Vietnam than Malaysia were 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 2022, Vietnam had a large net trade with Malaysia in the exports of Machines ($2.28B), Metals ($803M), and Chemical Products ($575M).

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

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

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