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2022
Flag → Flag
Exports $1.23BRnk 25 / 215
2022
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Top Product $481MPotassic Fertilizers
2022
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Exports $2.25BRnk 22 / 218
2022
Flag → Flag
Top Product $248MIntegrated Circuits
2022
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Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
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Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
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GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
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 GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
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GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
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GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
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GDP PC$11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Canada-Malaysia Trade: In 2022, Canada exported $1.23B to Malaysia. The main products that Canada exported to Malaysia were Potassic Fertilizers ($481M), Wheat ($102M), and Self-Propelled Rail Transport ($59.6M). Over the past 5 years the exports of Canada to Malaysia have increased at an annualized rate of 15%, from $612M in 2017 to $1.23B in 2022.

In 2020, Canada exported services to Malaysia worth $132M, with Royalties and license fees ($65.6M), Travel ($32.1M), and Transportation ($12.7M) being the largest in terms of value.

Malaysia-Canada Trade: In 2022, Malaysia exported $2.25B to Canada. The main products that Malaysia exported to Canada were Integrated Circuits ($248M), Broadcasting Equipment ($191M), and Semiconductor Devices ($136M). Over the past 5 years the exports of Malaysia to Canada have increased at an annualized rate of 10.9%,  from $1.34B in 2017 to $2.25B in 2022.

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

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Latest Trends

August, 2024

About

Overview In August 2024, Canada exported C$96.4M and imported C$403M from Malaysia, resulting in a negative trade balance of C$306M. Between August 2023 and August 2024 the exports of Canada have increased by C$38.5M (66.4%) from C$57.9M to C$96.4M, while imports increased by C$103M (34.4%) from C$300M to C$403M.

Trade In August 2024, the top exports of Canada to Malaysia were Self-Propelled Rail Transport (C$9.84M), Integrated Circuits (C$5.27M), Sulfate Chemical Woodpulp (C$4.24M), Soybeans (C$3.49M), and Wheat (C$3.45M). In August 2024 the top imports of Canada from Malaysia were Telephones (C$37.5M), Integrated Circuits (C$29.6M), Industrial Printers (C$15.2M), Palm Oil (C$12.8M), and Microphones and Headphones (C$10.8M).

Origins In August 2024 the exports of Canada were mainly from Quebec (C$24.6M), Saskatchewan (C$23.1M), Ontario (C$22.5M), British Columbia (C$12M), and Alberta (C$5.8M), while imports destinations were mainly Ontario (C$201M), British Columbia (C$91.2M), Quebec (C$71M), Alberta (C$27.9M), and Manitoba (C$6.87M).

Growth In August 2024, the increase in Canada's year-by-year exports to Malaysia was explained primarily by an increase in product exports in Integrated Circuits (C$3.46M or 190%), Copper Powder (C$2.07M or 1.41k%), and Recovered Paper (C$1.75M or 292%). In August 2024, the increase in Canada's year-by-year imports  from Malaysia was explained primarily by an increase in product imports  in Microphones and Headphones (C$6.88M or 176%), Telephones (C$6.29M or 20.1%), and Vacuum Cleaners (C$5.14M or 187%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)C$38.5M(66.4%)
IMPORT GROWTH (August 2023 - August 2024)C$103M(34.4%)
MAIN EXPORTER (August 2024)QuebecC$24.6M

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Malaysia and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Malaysia and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $1.23B to Malaysia. The main products exported from Canada to Malaysia were Potassic Fertilizers ($481M), Wheat ($102M), and Self-Propelled Rail Transport ($59.6M). During the last 5 years the exports of Canada to Malaysia have increased at an annualized rate of 15%, from $612M in 2017 to $1.23B in 2022.

In 2017, Malaysia exported $2.25B to Canada. The main products exported from Malaysia to Canada were Integrated Circuits ($248M), Broadcasting Equipment ($191M), and Semiconductor Devices ($136M). During the last 5 years the exports of Malaysia to Canada have increased at an annualized rate of 10.9%, from $1.34B in 2022 to $2.25B in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Canada than Malaysia included United States ($438B), United Kingdom ($12.9B), and Norway ($3.19B).

In 2022, countries that imported more from Malaysia than Canada included Singapore ($53.8B), China ($48.5B), and Hong Kong ($21.7B).

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

Comparative Advantage Canada - Malaysia

Flow
Scale

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

During 2022, Canada had a large net trade with Malaysia in the exports of Chemical Products ($523M), Vegetable Products ($153M), and Metals ($153M).

During 2017, Malaysia had a large net trade with Canada in the exports of Machines ($1.25B), Instruments ($183M), and Plastics and Rubbers ($174M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Malaysia+$36.1MCoal Briquettes
Top Product Potential Malaysia Canada+$136MIntegrated 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 Canada and Malaysia. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over Canada.

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

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