2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 186

About

Malaysia-Bangladesh Trade: In 2022, Malaysia exported $4.23B to Bangladesh. The main products that Malaysia exported to Bangladesh were Refined Petroleum ($2.67B), Palm Oil ($295M), and Petroleum Gas ($193M). Over the past 5 years the exports of Malaysia to Bangladesh have increased at an annualized rate of 22.9%, from $1.51B in 2017 to $4.23B in 2022.

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

Bangladesh-Malaysia Trade: In 2022, Bangladesh exported $318M to Malaysia. The main products that Bangladesh exported to Malaysia were Knit T-shirts ($58.7M), Other Knit Garments ($44.5M), and Non-Knit Women's Suits ($22M). Over the past 5 years the exports of Bangladesh to Malaysia have increased at an annualized rate of 7.95%,  from $217M in 2017 to $318M in 2022.

In 2022, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $4.23B to Bangladesh. The main products exported from Malaysia to Bangladesh were Refined Petroleum ($2.67B), Palm Oil ($295M), and Petroleum Gas ($193M). During the last 5 years the exports of Malaysia to Bangladesh have increased at an annualized rate of 22.9%, from $1.51B in 2017 to $4.23B in 2022.

In 2017, Bangladesh exported $318M to Malaysia. The main products exported from Bangladesh to Malaysia were Knit T-shirts ($58.7M), Other Knit Garments ($44.5M), and Non-Knit Women's Suits ($22M). During the last 5 years the exports of Bangladesh to Malaysia have increased at an annualized rate of 7.95%, from $217M in 2022 to $318M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Bangladesh
Top Destination
United States$11.7B

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

In 2022, countries that imported more from Bangladesh than Malaysia included Spain ($4.41B), Poland ($3.53B), and United Kingdom ($4.86B).

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

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 2022, Malaysia had a large net trade with Bangladesh in the exports of Mineral Products ($2.96B), Animal and Vegetable Bi-Products ($365M), and Plastics and Rubbers ($196M).

During 2017, Bangladesh had a large net trade with Malaysia in the exports of Textiles ($240M), Vegetable Products ($16.7M), and Miscellaneous ($13.2M).

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) (2022)

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