Georgia (GEO) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

About

Georgia-Malaysia Trade: In 2022, Georgia exported $3.51M to Malaysia. The main products that Georgia exported to Malaysia were Oscilloscopes ($785k), Medical Instruments ($461k), and Cellulose ($271k). Over the past 5 years the exports of Georgia to Malaysia have increased at an annualized rate of 19.6%, from $1.44M in 2017 to $3.51M in 2022.

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

Malaysia-Georgia Trade: In 2022, Malaysia exported $22.4M to Georgia. The main products that Malaysia exported to Georgia were Coconut Oil ($3.29M), Rubber Apparel ($2.02M), and Electric Heaters ($1.59M). Over the past 5 years the exports of Malaysia to Georgia have increased at an annualized rate of 4.16%, from $18.2M in 2017 to $22.4M in 2022.

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

Comparison: In 2022, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Georgia exported $3.51M to Malaysia. The main products exported from Georgia to Malaysia were Oscilloscopes ($785k), Medical Instruments ($461k), and Cellulose ($271k). During the last 5 years the exports of Georgia to Malaysia have increased at an annualized rate of 19.6%, from $1.44M in 2017 to $3.51M in 2022.

In 2017, Malaysia exported $22.4M to Georgia. The main products exported from Malaysia to Georgia were Coconut Oil ($3.29M), Rubber Apparel ($2.02M), and Electric Heaters ($1.59M). During the last 5 years the exports of Malaysia to Georgia have increased at an annualized rate of 4.16%, from $18.2M in 2022 to $22.4M in 2017.

Exports from Georgia () to Malaysia () (2022)

Exports from Malaysia () to Georgia () (2022)

Latest Data

Trade between Georgia () and Malaysia ()

Georgia Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationChina$759M

Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Georgia than Malaysia included Azerbaijan ($668M), Armenia ($571M), and Bulgaria ($502M).

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

Difference in imports from Malaysia () and Georgia () (2022)

Comparative Advantage Georgia - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Georgia had a large net trade with Malaysia in the exports of Instruments ($1.25M), Machines ($527k), and Metals ($412k).

During 2017, Malaysia had a large net trade with Georgia in the exports of Machines ($8.24M), Animal and Vegetable Bi-Products ($5.03M), and Plastics and Rubbers ($3.67M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Malaysia+$293kMedical Instruments

Top Product Potential Malaysia Georgia+$3.35MTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Georgia and Malaysia. This means that a dot/product with the flag of Georgia indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over Georgia.

About

Historical Data

Bilateral Trade by Products

Exports from Georgia () to Malaysia () (2022)

Exports from Malaysia () to Georgia () (2022)

Latest Data

Trade between Georgia () and Malaysia ()

Georgia Exports

Malaysia Exports

Market Competitiveness

Difference in imports from Malaysia () and Georgia () (2022)

Comparative Advantage Georgia - Malaysia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Georgia () and Malaysia () (2022)

Keep Exploring