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2023
Flag → Flag
Exports $41.2MRnk 122 / 221
2023
Flag → Flag
Top Product $19.1MCoffee and Tea Extracts
2023
Flag → Flag
Exports $3.77MRnk 49 / 136
2023
Flag → Flag
Top Product $1.7MBorax
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 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$3,686CURRENT US$
Rnk 135 / 196
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195

About

Malaysia-Bolivia Trade: In 2023, Malaysia exported $41.2M to Bolivia. The main products that Malaysia exported to Bolivia were Coffee and Tea Extracts ($19.1M), Other Edible Preparations ($2.91M), and Float Glass ($2.02M). Over the past 5 years the exports of Malaysia to Bolivia have increased at an annualized rate of 9.89%, from $25.7M in 2018 to $41.2M in 2023.

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

Bolivia-Malaysia Trade: In 2023, Bolivia exported $3.77M to Malaysia. The main products that Bolivia exported to Malaysia were Borax ($1.7M), Other Oily Seeds ($533k), and Edible Offal ($418k). Over the past 5 years the exports of Bolivia to Malaysia have decreased at an annualized rate of 9.17%,  from $6.1M in 2018 to $3.77M in 2023.

In 2023, Bolivia 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, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Latest Trends

December, 2024

About

Overview In December 2024, Malaysia exported MYR9.78M and imported MYR4.23M from Bolivia, resulting in a positive trade balance of MYR5.55M. Between December 2023 and December 2024 the exports of Malaysia have increased by MYR572k (6.22%) from MYR9.21M to MYR9.78M, while imports increased by MYR2.05M (94%) from MYR2.18M to MYR4.23M.

Trade In December 2024, the top exports of Malaysia to Bolivia were Coffee and Tea Extracts (MYR2.09M), Other Edible Preparations (MYR1.51M), Coconuts, Brazil Nuts, and Cashews (MYR252k), Chocolate (MYR216k), and Blank Audio Media (MYR46.4k). In December 2024 the top imports of Malaysia from Bolivia were Soybeans (MYR2.43M), Other Oily Seeds (MYR680k), Borax (MYR464k), Buckwheat (MYR117k), and Pasta (MYR22.5k).

Growth In December 2024, the increase in Malaysia's year-by-year exports to Bolivia was explained primarily by an increase in product exports in Coffee and Tea Extracts (MYR308k or 17.3%), Coconuts, Brazil Nuts, and Cashews (MYR170k or 207%), and Knit Sweaters (MYR12.6k or 631%). In December 2024, the increase in Malaysia's year-by-year imports  from Bolivia was explained primarily by an increase in product imports  in Other Oily Seeds (MYR349k or 106%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)MYR572k(6.22%)
IMPORT GROWTH (December 2023 - December 2024)MYR2.05M(94%)

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 Bolivia and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bolivia and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $41.2M to Bolivia. The main products exported from Malaysia to Bolivia were Coffee and Tea Extracts ($19.1M), Other Edible Preparations ($2.91M), and Float Glass ($2.02M). During the last 5 years the exports of Malaysia to Bolivia have increased at an annualized rate of 9.89%, from $25.7M in 2018 to $41.2M in 2023.

In 2018, Bolivia exported $3.77M to Malaysia. The main products exported from Bolivia to Malaysia were Borax ($1.7M), Other Oily Seeds ($533k), and Edible Offal ($418k). During the last 5 years the exports of Bolivia to Malaysia have decreased at an annualized rate of 9.17%, from $6.1M in 2023 to $3.77M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Bolivia
Top DestinationBrazil$1.54B

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

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

In 2023, countries that imported more from Bolivia than Malaysia included Argentina ($1.15B), Colombia ($687M), and Peru ($622M).

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

Comparative Advantage Malaysia - Bolivia

Flow
Scale

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

During 2023, Malaysia had a large net trade with Bolivia in the exports of Foodstuffs ($23.4M), Machines ($5.1M), and Plastics and Rubbers ($3.14M).

During 2018, Bolivia had a large net trade with Malaysia in the exports of Mineral Products ($1.7M), Vegetable Products ($1.15M), and Animal Products ($418k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Bolivia+$2.96MTelephones
Top Product Potential Bolivia Malaysia+$518kPotassic Fertilizers

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

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

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