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2023
Flag → Flag
Exports $2.45BRnk 20 / 221
2023
Flag → Flag
Top Product $1.15BRefined Petroleum
2023
Flag → Flag
Exports $329MRnk 27 / 138
2023
Flag → Flag
Top Product $90.7MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC$2,551CURRENT US$
Rnk 146 / 196
2013-2023
Flag
GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195

About

Malaysia-Bangladesh Trade: In 2023, Malaysia exported $2.45B to Bangladesh. The main products that Malaysia exported to Bangladesh were Refined Petroleum ($1.15B), Palm Oil ($238M), and Petroleum Gas ($135M). Over the past 5 years the exports of Malaysia to Bangladesh have increased at an annualized rate of 1.97%, from $2.22B in 2018 to $2.45B in 2023.

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

Bangladesh-Malaysia Trade: In 2023, Bangladesh exported $329M to Malaysia. The main products that Bangladesh exported to Malaysia were Refined Petroleum ($90.7M), Other Knit Garments ($34.2M), and Knit T-shirts ($32.7M). Over the past 5 years the exports of Bangladesh to Malaysia have increased at an annualized rate of 4.63%,  from $262M in 2018 to $329M in 2023.

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

Comparison: In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B). That same year, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B).

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR912M and imported MYR85.4M from Bangladesh, resulting in a positive trade balance of MYR827M. Between November 2023 and November 2024 the exports of Malaysia have increased by MYR382M (72.2%) from MYR530M to MYR912M, while imports decreased by MYR-96.3M (-53%) from MYR182M to MYR85.4M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR382M(72.2%)
IMPORT GROWTH (November 2023 - November 2024)MYR-96.3M(-53%)

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 Bangladesh and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bangladesh and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $2.45B to Bangladesh. The main products exported from Malaysia to Bangladesh were Refined Petroleum ($1.15B), Palm Oil ($238M), and Petroleum Gas ($135M). During the last 5 years the exports of Malaysia to Bangladesh have increased at an annualized rate of 1.97%, from $2.22B in 2018 to $2.45B in 2023.

In 2018, Bangladesh exported $329M to Malaysia. The main products exported from Bangladesh to Malaysia were Refined Petroleum ($90.7M), Other Knit Garments ($34.2M), and Knit T-shirts ($32.7M). During the last 5 years the exports of Bangladesh to Malaysia have increased at an annualized rate of 4.63%, from $262M in 2023 to $329M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Bangladesh
Top DestinationUnited States$8.58B

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

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

In 2023, countries that imported more from Bangladesh than Malaysia included Spain ($3.95B), Poland ($3.04B), and Denmark ($935M).

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

Comparative Advantage Malaysia - Bangladesh

Flow
Scale

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

During 2023, Malaysia had a large net trade with Bangladesh in the exports of Mineral Products ($1.42B), Animal and Vegetable Bi-Products ($280M), and Precious Metals ($128M).

During 2018, Bangladesh had a large net trade with Malaysia in the exports of Textiles ($176M), Mineral Products ($91.6M), and Vegetable Products ($15.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Bangladesh+$40.9MPalm Oil
Top Product Potential Bangladesh Malaysia+$44.7MKnit T-shirts

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

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

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