2023
Flag  
GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
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GDP GROWTH
72.6%CURRENT US$
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2023
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 GDP
$400BCURRENT US$
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2013-2023
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GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
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GDP PC 
$52,642CURRENT US$
Rnk 24 / 195
2013-2023
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GDP PC GROWTH
42.5%CURRENT US$
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2023
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GDP PC
$11,379CURRENT US$
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2013-2023
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GDP PC GROWTH
6.21%CURRENT US$
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About

Israel-Malaysia Trade: In 2023, Israel exported $24.6M to Malaysia. The main products that Israel exported to Malaysia were X-Ray Equipment ($5.73M), Integrated Circuits ($3.87M), and Oscilloscopes ($2.56M). Over the past 5 years the exports of Israel to Malaysia have increased at an annualized rate of 36.1%, from $5.26M in 2018 to $24.6M in 2023.

In 2012, Israel exported services to Malaysia worth $7.75M, with Computer and information services ($7.75M) being the largest in terms of value.

Malaysia-Israel Trade: In 2023, Malaysia exported $352M to Israel. The main products that Malaysia exported to Israel were Integrated Circuits ($85.3M), Broadcasting Equipment ($46.2M), and Oscilloscopes ($40.7M). Over the past 5 years the exports of Malaysia to Israel have increased at an annualized rate of 3.01%,  from $304M in 2018 to $352M in 2023.

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

Comparison: In 2023,  Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). 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, Israel exported $24.6M to Malaysia. The main products exported from Israel to Malaysia were X-Ray Equipment ($5.73M), Integrated Circuits ($3.87M), and Oscilloscopes ($2.56M). During the last 5 years the exports of Israel to Malaysia have increased at an annualized rate of 36.1%, from $5.26M in 2018 to $24.6M in 2023.

In 2018, Malaysia exported $352M to Israel. The main products exported from Malaysia to Israel were Integrated Circuits ($85.3M), Broadcasting Equipment ($46.2M), and Oscilloscopes ($40.7M). During the last 5 years the exports of Malaysia to Israel have increased at an annualized rate of 3.01%, from $304M in 2023 to $352M in 2018.

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

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

Latest Data

Trade between Israel (Flag) and Malaysia (Flag)

Israel Exports

Market Competitiveness

Color
Israel
Top Destination
United States$20.3B
Malaysia
Top Destination
China$79.8B

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

In 2023, countries that imported more from Israel than Malaysia included Ireland ($4.22B), Egypt ($2.23B), and Cyprus ($671M).

In 2023, countries that imported more from Malaysia than Israel included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Israel - Malaysia

Flow
Scale

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

During 2023, Israel had a large net trade with Malaysia in the exports of Instruments ($12.8M), Machines ($7.85M), and Plastics and Rubbers ($1.61M).

During 2018, Malaysia had a large net trade with Israel in the exports of Machines ($267M), Instruments ($51.9M), and Plastics and Rubbers ($7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Malaysia+$34.6MRefined Petroleum
Top Product Potential Malaysia Israel+$3.73MElectrical Transformers

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

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

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