2022
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GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH
1.45%CURRENT US$
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2022
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 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
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GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
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$
Rnk 104 / 186

About

Russia-Malaysia In 2022, Russia exported $2.01B to Malaysia. The main products that Russia exported to Malaysia are Refined Petroleum ($1.01B), Coal Briquettes ($489M), and Crude Petroleum ($171M). During the last 27 years the exports of Russia to Malaysia have increased at an annualized rate of 9.95%, from $155M in 1995 to $2.01B in 2022.

In 2020, Russia exported services to Malaysia worth $46.4M, with Other business services ($26.6M), Transportation ($4.3M), and Travel ($3.95M) being the largest in terms of value.

Malaysia-Russia In 2022, Malaysia exported $545M to Russia. The main products that Malaysia exported to Russia were Ball Bearings ($120M), Rubber Apparel ($63.9M), and Cocoa Butter ($30M). During the last 27 years the exports of Malaysia to Russia have increased at an annualized rate of 6.55%, from $98.3M in 1995 to $545M in 2022.

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

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B). That same year, Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $2.01B to Malaysia. The main products exported from Russia to Malaysia were Refined Petroleum ($1.01B), Coal Briquettes ($489M), and Crude Petroleum ($171M). During the last 27 years the exports of Russia to Malaysia have increased at an annualized rate of 9.95%, from $155M in 1995 to $2.01B in 2022.

In 2022, Malaysia exported $545M to Russia. The main products exported from Malaysia to Russia were Ball Bearings ($120M), Rubber Apparel ($63.9M), and Cocoa Butter ($30M). During the last 27 years the exports of Malaysia to Russia have increased at an annualized rate of 6.55%, from $98.3M in 1995 to $545M in 2022.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
Malaysia
Top Destination
Singapore$53.8B

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

In 2021, countries that imported more from Russia than Malaysia were China ($101B), India ($40.4B), and Italy ($25.1B).

In 2021, countries that imported more from Malaysia than Russia were Singapore ($53.8B), United States ($44.2B), and Hong Kong ($21.7B).

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

Comparative Advantage Russia - Malaysia

Flow
Scale

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

During 2022, Russia had a large net trade with Malaysia in the exports of Mineral Products ($1.68B), Chemical Products ($178M), and Metals ($79.7M).

During 2022, Malaysia had a large net trade with Russia in the exports of Machines ($213M), Plastics and Rubbers ($95M), and Chemical Products ($81.9M).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Malaysia worth $46.4M, with Other business services ($26.6M), Transportation ($4.3M), and Travel ($3.95M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Malaysia (Flag) (2020)

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

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

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