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2023
Flag → Flag
Exports $1.24BRnk 30 / 221
2023
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Top Product $595MRefined Petroleum
2023
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Exports $810MRnk 28 / 211
2023
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Top Product $123MSoybeans
2023
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Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
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Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
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GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
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GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
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 GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
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GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
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GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
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GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
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GDP PC$6,023CURRENT US$
Rnk 113 / 196
2013-2023
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GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195

About

Malaysia-South Africa Trade: In 2023, Malaysia exported $1.24B to South Africa. The main products that Malaysia exported to South Africa were Refined Petroleum ($595M), Palm Oil ($93.3M), and Broadcasting Equipment ($46.4M). Over the past 5 years the exports of Malaysia to South Africa have increased at an annualized rate of 4.22%, from $1.01B in 2018 to $1.24B in 2023.

In 2023, Malaysia did not export any services to South Africa.

South Africa-Malaysia Trade: In 2023, South Africa exported $810M to Malaysia. The main products that South Africa exported to Malaysia were Soybeans ($123M), Manganese Ore ($96M), and Coal Briquettes ($71M). Over the past 5 years the exports of South Africa to Malaysia have decreased at an annualized rate of 0.24%,  from $819M in 2018 to $810M in 2023.

In 2023, South Africa did not export any services to Malaysia.

Comparison: In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR252M and imported MYR350M from South Africa, resulting in a negative trade balance of MYR98.7M. Between November 2023 and November 2024 the exports of Malaysia have decreased by MYR-166M (-39.7%) from MYR417M to MYR252M, while imports increased by MYR54.7M (18.5%) from MYR296M to MYR350M.

Trade In November 2024, the top exports of Malaysia to South Africa were Refined Petroleum (MYR223M), Other Vegetable Oils (MYR24.4M), Motor vehicles; parts and accessories (8701... (MYR16.6M), Industrial Fatty Acids, Oils and Alcohols (MYR16.4M), and Thermostats (MYR12M). In November 2024 the top imports of Malaysia from South Africa were Raw Sugar (MYR106M), Coal Briquettes (MYR75.6M), Cobalt (MYR50.3M), Rubber (MYR34.5M), and Explosive Ammunition (MYR19.8M).

Growth In November 2024, the decrease in Malaysia's year-by-year exports to South Africa was explained primarily by an decrease in product exports in Glass Working Machines (MYR-24.8M or -97.1%), Computers (MYR-18.6M or -79.5%), and Sawn Wood (MYR-10.5M or -85%). In November 2024, the increase in Malaysia's year-by-year imports  from South Africa was explained primarily by an increase in product imports  in Rubber (MYR32M or 1.28k%), Animal Food (MYR2.04M or 346%), and Grapes (MYR1.43M or 8.48%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR-166M(-39.7%)
IMPORT GROWTH (November 2023 - November 2024)MYR54.7M(18.5%)

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 South Africa and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore South Africa and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $1.24B to South Africa. The main products exported from Malaysia to South Africa were Refined Petroleum ($595M), Palm Oil ($93.3M), and Broadcasting Equipment ($46.4M). During the last 5 years the exports of Malaysia to South Africa have increased at an annualized rate of 4.22%, from $1.01B in 2018 to $1.24B in 2023.

In 2018, South Africa exported $810M to Malaysia. The main products exported from South Africa to Malaysia were Soybeans ($123M), Manganese Ore ($96M), and Coal Briquettes ($71M). During the last 5 years the exports of South Africa to Malaysia have decreased at an annualized rate of 0.24%, from $819M in 2023 to $810M in 2018.

Exports from Malaysia (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Malaysia (Flag) (2023)

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
South Africa
Top DestinationChina$29.5B

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

In 2023, countries that imported more from Malaysia than South Africa included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

In 2023, countries that imported more from South Africa than Malaysia included Mozambique ($6.13B), United Kingdom ($9.01B), and Botswana ($4.28B).

Difference in imports from South Africa (Flag) and Malaysia (Flag) (2023)

Comparative Advantage Malaysia - South Africa

Flow
Scale

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

During 2023, Malaysia had a large net trade with South Africa in the exports of Mineral Products ($598M), Machines ($220M), and Animal and Vegetable Bi-Products ($128M).

During 2018, South Africa had a large net trade with Malaysia in the exports of Mineral Products ($276M), Vegetable Products ($250M), and Metals ($144M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia South Africa+$132MRefined Petroleum
Top Product Potential South Africa Malaysia+$88.6MCoal Briquettes

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

Product Space of Malaysia (Flag) and South Africa (Flag) (2023)

Keep Exploring

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