2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 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 
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 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

Belarus-Malaysia Trade: In 2022, Belarus exported $16.6M to Malaysia. The main products that Belarus exported to Malaysia were Potassic Fertilizers ($3.62M), Soybean Oil ($3.5M), and Fermented Milk Products ($2.98M). Over the past 5 years the exports of Belarus to Malaysia have decreased at an annualized rate of 33.6%, from $129M in 2017 to $16.6M in 2022.

In 2014, Belarus exported services to Malaysia worth $42.9k, with Computer and information services ($42.6k) and Government services, n.i.e. ($300) being the largest in terms of value.

Malaysia-Belarus Trade: In 2022, Malaysia exported $5.01M to Belarus. The main products that Malaysia exported to Belarus were Other Electrical Machinery ($4.2M), Ball Bearings ($572k), and Rubber Apparel ($207k). Over the past 5 years the exports of Malaysia to Belarus have decreased at an annualized rate of 36.2%,  from $47.3M in 2017 to $5.01M in 2022.

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

Comparison: In 2022,  Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). 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, Belarus exported $16.6M to Malaysia. The main products exported from Belarus to Malaysia were Potassic Fertilizers ($3.62M), Soybean Oil ($3.5M), and Fermented Milk Products ($2.98M). During the last 5 years the exports of Belarus to Malaysia have decreased at an annualized rate of 33.6%, from $129M in 2017 to $16.6M in 2022.

In 2017, Malaysia exported $5.01M to Belarus. The main products exported from Malaysia to Belarus were Other Electrical Machinery ($4.2M), Ball Bearings ($572k), and Rubber Apparel ($207k). During the last 5 years the exports of Malaysia to Belarus have decreased at an annualized rate of 36.2%, from $47.3M in 2022 to $5.01M in 2017.

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

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

Latest Data

Trade between Belarus (Flag) and Malaysia (Flag)

Belarus Exports

Malaysia Exports

Market Competitiveness

Color
Belarus
Top Destination
China$1.6B
Malaysia
Top Destination
Singapore$53.8B

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

In 2022, countries that imported more from Belarus than Malaysia included Ukraine ($1.29B), Lithuania ($778M), and Kazakhstan ($827M).

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

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

Comparative Advantage Belarus - Malaysia

Flow
Scale

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

During 2022, Belarus had a large net trade with Malaysia in the exports of Chemical Products ($6.43M), Animal Products ($6.08M), and Animal and Vegetable Bi-Products ($3.5M).

During 2017, Malaysia had a large net trade with Belarus in the exports of Machines ($4.78M), Plastics and Rubbers ($207k), and Stone And Glass ($16.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Malaysia+$4.43MPotassic Fertilizers
Top Product Potential Malaysia Belarus+$1.18MOther Electrical Machinery

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

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

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