2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 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 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 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

United Kingdom-Malaysia Trade: In 2022, United Kingdom exported $2.03B to Malaysia. The main products that United Kingdom exported to Malaysia were Precious Metal Compounds ($274M), Cars ($253M), and Gas Turbines ($195M). Over the past 5 years the exports of United Kingdom to Malaysia have increased at an annualized rate of 3.02%, from $1.75B in 2017 to $2.03B in 2022.

In 2019, United Kingdom exported services to Malaysia worth $171M, with Insurance services ($108M), Financial services ($48.5M), and Personal, cultural, and recreational services ($14M) being the largest in terms of value.

Malaysia-United Kingdom Trade: In 2022, Malaysia exported $3.44B to United Kingdom. The main products that Malaysia exported to United Kingdom were Integrated Circuits ($346M), Broadcasting Equipment ($272M), and Rubber Apparel ($189M). Over the past 5 years the exports of Malaysia to United Kingdom have increased at an annualized rate of 7.97%,  from $2.34B in 2017 to $3.44B in 2022.

In 2010, Malaysia exported services to United Kingdom worth $1.19B, with Travel ($506M), Other business services ($388M), and Transportation ($208M) being the largest in terms of value.

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). 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, United Kingdom exported $2.03B to Malaysia. The main products exported from United Kingdom to Malaysia were Precious Metal Compounds ($274M), Cars ($253M), and Gas Turbines ($195M). During the last 5 years the exports of United Kingdom to Malaysia have increased at an annualized rate of 3.02%, from $1.75B in 2017 to $2.03B in 2022.

In 2017, Malaysia exported $3.44B to United Kingdom. The main products exported from Malaysia to United Kingdom were Integrated Circuits ($346M), Broadcasting Equipment ($272M), and Rubber Apparel ($189M). During the last 5 years the exports of Malaysia to United Kingdom have increased at an annualized rate of 7.97%, from $2.34B in 2022 to $3.44B in 2017.

Exports from United Kingdom (Flag) to Malaysia (Flag) (2022)

Exports from Malaysia (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Malaysia
Top Destination
Singapore$53.8B

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

In 2022, countries that imported more from United Kingdom than Malaysia included Netherlands ($41.9B), Ireland ($32.6B), and Germany ($40.6B).

In 2022, countries that imported more from Malaysia than United Kingdom included Singapore ($53.8B), Japan ($23.6B), and China ($48.5B).

Difference in imports from Malaysia (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Malaysia

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Malaysia in the exports of Machines ($606M), Chemical Products ($423M), and Transportation ($330M).

During 2017, Malaysia had a large net trade with United Kingdom in the exports of Machines ($1.61B), Instruments ($363M), and Plastics and Rubbers ($285M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Malaysia+$41.8MIntegrated Circuits
Top Product Potential Malaysia United Kingdom+$136MTelephones

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

Product Space of United Kingdom (Flag) and Malaysia (Flag) (2022)

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