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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

August, 2024

About

Overview In August 2024, Malaysia exported MYR524k and imported MYR378 from Bhutan, resulting in a positive trade balance of MYR524k. Between August 2023 and August 2024 the exports of Malaysia have decreased by MYR-692k (-56.9%) from MYR1.22M to MYR524k, while imports decreased by MYR-7.83k (-95.4%) from MYR8.21k to MYR378.

Trade In August 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 August 2024 the top imports of Malaysia from Bhutan were Commodities not elsewhere specified (MYR756).

Growth In August 2024, the decrease in Malaysia's year-by-year exports to Bhutan was explained primarily by an decrease in product exports in Computers (MYR-307k or -96.5%), Special Pharmaceuticals (MYR-19.9k or -66.6%), and Commodities not elsewhere specified (MYR-3.11k or -73.9%). In August 2024, the decrease in Malaysia's year-by-year imports  from Bhutan was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)MYR-692k(-56.9%)
IMPORT GROWTH (August 2023 - August 2024)MYR-7.83k(-95.4%)

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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