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Pricing

2022
Flag → Flag
Exports $156MRnk 84 / 218
2022
Flag → Flag
Top Product $117MPalm Oil
2022
Flag → Flag
Exports $3.96MRnk 27 / 128
2022
Flag → Flag
Top Product $1.85MRaw Cotton
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 186
2022
Flag
GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186

About

Malaysia-Benin Trade: In 2022, Malaysia exported $156M to Benin. The main products that Malaysia exported to Benin were Palm Oil ($117M), Malt Extract ($19M), and Soap ($6.05M). Over the past 5 years the exports of Malaysia to Benin have decreased at an annualized rate of 11.8%, from $292M in 2017 to $156M in 2022.

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

Benin-Malaysia Trade: In 2022, Benin exported $3.96M to Malaysia. The main products that Benin exported to Malaysia were Raw Cotton ($1.85M), Other Pure Vegetable Oils ($1.54M), and Refined Petroleum ($474k). Over the past 5 years the exports of Benin to Malaysia have decreased at an annualized rate of 45.8%,  from $85.1M in 2017 to $3.96M in 2022.

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

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Latest Trends

N/A

About

Overview In N/A, Malaysia exported MYRN/A and imported MYRN/A from Benin, resulting in a N/A trade balance of MYRN/A. Between N/A and N/A the exports of Malaysia have N/A by MYRN/A (N/A) from MYRN/A to MYRN/A, while imports N/A by MYRN/A (N/A) from MYRN/A to MYRN/A.

Trade In N/A, the top exports of Malaysia to Benin were Palm Oil (MYR47.4M), Malt Extract (MYR2.38M), Soap (MYR1.63M), Concentrated Milk (MYR552k), and Carbonates (MYR331k). In N/A the top imports of Malaysia from Benin were .

Growth In N/A, the N/A in Malaysia's year-by-year exports to Benin was explained primarily by an decrease in product exports in Palm Oil (MYR-13.7M or -22.4%), Malt Extract (MYR-1.83M or -43.5%), and Metal Molds (MYR-77.4k or -57.8%). In N/A, the N/A in Malaysia's year-by-year imports  from Benin was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

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

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

For full datasets download visit Bulk Download page.

Explore Benin and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $156M to Benin. The main products exported from Malaysia to Benin were Palm Oil ($117M), Malt Extract ($19M), and Soap ($6.05M). During the last 5 years the exports of Malaysia to Benin have decreased at an annualized rate of 11.8%, from $292M in 2017 to $156M in 2022.

In 2017, Benin exported $3.96M to Malaysia. The main products exported from Benin to Malaysia were Raw Cotton ($1.85M), Other Pure Vegetable Oils ($1.54M), and Refined Petroleum ($474k). During the last 5 years the exports of Benin to Malaysia have decreased at an annualized rate of 45.8%, from $85.1M in 2022 to $3.96M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Benin
Top DestinationIndia$448M

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

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

In 2022, countries that imported more from Benin than Malaysia included Chad ($28M), Mali ($7.69M), and Niger ($16.9M).

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

Comparative Advantage Malaysia - Benin

Flow
Scale

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

During 2022, Malaysia had a large net trade with Benin in the exports of Animal and Vegetable Bi-Products ($117M), Foodstuffs ($19.3M), and Chemical Products ($6.9M).

During 2017, Benin had a large net trade with Malaysia in the exports of Textiles ($1.85M), Animal and Vegetable Bi-Products ($1.54M), and Mineral Products ($474k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Benin+$3.23MRefined Petroleum
Top Product Potential Benin Malaysia+$2.28MRaw Cotton

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

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

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