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2023
Flag → Flag
Exports $1.98MRnk 178 / 221
2023
Flag → Flag
Top Product $1.37MComputers
2023
Flag → Flag
Exports $15.7kRnk 29 / 77
2023
Flag → Flag
Top Product $9.82kTelephones
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Malaysia-Bhutan Trade: In 2023, Malaysia exported $1.98M to Bhutan. The main products that Malaysia exported to Bhutan were Computers ($1.37M), Coffee and Tea Extracts ($180k), and Rubber Apparel ($60.4k). Over the past 5 years the exports of Malaysia to Bhutan have increased at an annualized rate of 18.5%, from $849k in 2018 to $1.98M in 2023.

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

Bhutan-Malaysia Trade: In 2023, Bhutan exported $15.7k to Malaysia. The main products that Bhutan exported to Malaysia were Telephones ($9.82k), Broadcasting Equipment ($5.55k), and Paintings ($333). Over the past 5 years the exports of Bhutan to Malaysia have decreased at an annualized rate of 45.1%,  from $314k in 2018 to $15.7k in 2023.

In 2023, Bhutan 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, Bhutan ranked 170 in total exports ($456M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR459k and imported MYR567 from Bhutan, resulting in a positive trade balance of MYR458k. Between November 2023 and November 2024 the exports of Malaysia have increased by MYR25.5k (5.88%) from MYR433k to MYR459k, while imports increased by MYR189 (50%) from MYR378 to MYR567.

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

Growth In November 2024, the increase in Malaysia's year-by-year exports to Bhutan was explained primarily by an increase in product exports in . In November 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 (November 2023 - November 2024)MYR25.5k(5.88%)
IMPORT GROWTH (November 2023 - November 2024)MYR189(50%)

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 2023, Malaysia exported $1.98M to Bhutan. The main products exported from Malaysia to Bhutan were Computers ($1.37M), Coffee and Tea Extracts ($180k), and Rubber Apparel ($60.4k). During the last 5 years the exports of Malaysia to Bhutan have increased at an annualized rate of 18.5%, from $849k in 2018 to $1.98M in 2023.

In 2018, Bhutan exported $15.7k to Malaysia. The main products exported from Bhutan to Malaysia were Telephones ($9.82k), Broadcasting Equipment ($5.55k), and Paintings ($333). During the last 5 years the exports of Bhutan to Malaysia have decreased at an annualized rate of 45.1%, from $314k in 2023 to $15.7k in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Bhutan
Top DestinationIndia$421M

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.

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

In 2023, no countries were registered that imported more from Bhutan than from Malaysia.

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

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 2023, Malaysia had a large net trade with Bhutan in the exports of Machines ($1.51M), Foodstuffs ($186k), and Plastics and Rubbers ($60.6k).

During 2018, Bhutan had a large net trade with Malaysia in the exports of Machines ($15.4k) and Arts and Antiques ($333).

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) (2023)

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