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2022
Flag → Flag
Exports $1.94MRnk 179 / 218
2022
Flag → Flag
Top Product $1.57MComputers
2022
Flag → Flag
Exports $16.8kRnk 32 / 73
2022
Flag → Flag
Top Product $11.1kSpices
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Malaysia-Bhutan Trade: In 2022, Malaysia exported $1.94M to Bhutan. The main products that Malaysia exported to Bhutan were Computers ($1.57M), Baked Goods ($115k), and Office Machine Parts ($91.6k). Over the past 5 years the exports of Malaysia to Bhutan have increased at an annualized rate of 20.2%, from $775k in 2017 to $1.94M in 2022.

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

Bhutan-Malaysia Trade: In 2022, Bhutan exported $16.8k to Malaysia. The main products that Bhutan exported to Malaysia were Spices ($11.1k), Vegetable Saps ($5.09k), and Other Vegetables ($558). Over the past 5 years the exports of Bhutan to Malaysia have decreased at an annualized rate of 40.7%,  from $228k in 2017 to $16.8k in 2022.

In 2022, Bhutan 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, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Malaysia exported MYR1.22M and imported MYR2.2k from Bhutan, resulting in a positive trade balance of MYR1.21M. Between July 2023 and July 2024 the exports of Malaysia have increased by MYR633k (109%) from MYR582k to MYR1.22M, while imports increased by MYR1.53k (226%) from MYR675 to MYR2.2k.

Trade In July 2024, the top exports of Malaysia to Bhutan were Optical Fibers and optical fibre bundles (MYR91.4k), Computers (MYR11.3k), Special Pharmaceuticals (MYR10k), Other Edible Preparations (MYR9.86k), and Labels (MYR8.75k). In July 2024 the top imports of Malaysia from Bhutan were Commodities not elsewhere specified (MYR756).

Growth In July 2024, the increase in Malaysia's year-by-year exports to Bhutan was explained primarily by an increase in product exports in . In July 2024, the increase in Malaysia's year-by-year imports  from Bhutan was explained primarily by an increase in product imports  in Commodities not elsewhere specified (MYR189 or 33.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)MYR633k(109%)
IMPORT GROWTH (July 2023 - July 2024)MYR1.53k(226%)

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 Bhutan and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bhutan and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $1.94M to Bhutan. The main products exported from Malaysia to Bhutan were Computers ($1.57M), Baked Goods ($115k), and Office Machine Parts ($91.6k). During the last 5 years the exports of Malaysia to Bhutan have increased at an annualized rate of 20.2%, from $775k in 2017 to $1.94M in 2022.

In 2017, Bhutan exported $16.8k to Malaysia. The main products exported from Bhutan to Malaysia were Spices ($11.1k), Vegetable Saps ($5.09k), and Other Vegetables ($558). During the last 5 years the exports of Bhutan to Malaysia have decreased at an annualized rate of 40.7%, from $228k in 2022 to $16.8k in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationN/AN/A
Bhutan
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage Malaysia - Bhutan

Flow
Scale

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

During 2022, Malaysia had a large net trade with Bhutan in the exports of Machines ($1.71M), Foodstuffs ($120k), and Instruments ($68k).

During 2017, Bhutan had a large net trade with Malaysia in the exports of Vegetable Products ($16.8k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Malaysia and Bhutan. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Bhutan. Similarly, a dot/product with the flag of Bhutan indicates it has a comparative advantage over Malaysia.

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

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