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2023
Flag → Flag
Exports $6.01BRnk 14 / 142
2023
Flag → Flag
Top Product $940MIntegrated Circuits
2023
Flag → Flag
Exports $11.4BRnk 10 / 221
2023
Flag → Flag
Top Product $4.35BIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC $4,282CURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195
2023
Flag
GDP PC$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Vietnam-Malaysia Trade: In 2023, Vietnam exported $6.01B to Malaysia. The main products that Vietnam exported to Malaysia were Integrated Circuits ($940M), Disc Chemicals for Electronics ($507M), and Broadcasting Equipment ($444M). Over the past 5 years the exports of Vietnam to Malaysia have increased at an annualized rate of 3.86%, from $4.97B in 2018 to $6.01B in 2023.

In 2023, Vietnam did not export any services to Malaysia.

Malaysia-Vietnam Trade: In 2023, Malaysia exported $11.4B to Vietnam. The main products that Malaysia exported to Vietnam were Integrated Circuits ($4.35B), Refined Petroleum ($1.64B), and Palm Oil ($391M). Over the past 5 years the exports of Malaysia to Vietnam have increased at an annualized rate of 7.31%,  from $8.01B in 2018 to $11.4B in 2023.

In 2023, Malaysia did not export any services to Vietnam.

Comparison: In 2023,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). That same year, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Vietnam exported $6.01B to Malaysia. The main products exported from Vietnam to Malaysia were Integrated Circuits ($940M), Disc Chemicals for Electronics ($507M), and Broadcasting Equipment ($444M). During the last 5 years the exports of Vietnam to Malaysia have increased at an annualized rate of 3.86%, from $4.97B in 2018 to $6.01B in 2023.

In 2018, Malaysia exported $11.4B to Vietnam. The main products exported from Malaysia to Vietnam were Integrated Circuits ($4.35B), Refined Petroleum ($1.64B), and Palm Oil ($391M). During the last 5 years the exports of Malaysia to Vietnam have increased at an annualized rate of 7.31%, from $8.01B in 2023 to $11.4B in 2018.

Exports from Vietnam (Flag) to Malaysia (Flag) (2023)

Exports from Malaysia (Flag) to Vietnam (Flag) (2023)

Latest Data

Trade between Vietnam (Flag) and Malaysia (Flag)

Malaysia Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$118B
Malaysia
Top DestinationChina$79.8B

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

In 2023, countries that imported more from Vietnam than Malaysia included United States ($118B), United Arab Emirates ($11B), and Canada ($9.81B).

In 2023, countries that imported more from Malaysia than Vietnam included Singapore ($47.3B), South Korea ($12.2B), and Australia ($12.6B).

Difference in imports from Malaysia (Flag) and Vietnam (Flag) (2023)

Comparative Advantage Vietnam - Malaysia

Flow
Scale

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

During 2023, Vietnam had a large net trade with Malaysia in the exports of Machines ($2.31B), Chemical Products ($738M), and Metals ($704M).

During 2018, Malaysia had a large net trade with Vietnam in the exports of Machines ($5.88B), Mineral Products ($2.05B), and Metals ($660M).

Potential Exports

Potential Exports

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

Product Space of Vietnam (Flag) and Malaysia (Flag) (2023)

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