2022
Flag  
GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC 
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $137M in 2022.

In 2017, 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 2022 to $143M in 2017.

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

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

Latest Data

Trade between Ukraine (Flag) and Malaysia (Flag)

Ukraine Exports

Malaysia Exports

Market Competitiveness

Color
Ukraine
Top Destination
Poland$6.7B
Malaysia
Top Destination
Singapore$53.8B

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

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

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

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

Comparative Advantage Ukraine - Malaysia

Flow
Scale

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

During 2022, 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).

During 2017, 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).

Potential Exports

Potential Exports

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

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

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

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