2023
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GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
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GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
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GDP PC 
$11,379CURRENT US$
Rnk 85 / 195
2013-2023
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GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195

About

Malaysia-Cocos (Keeling) Islands Trade: In 2023, Malaysia exported $29 to Cocos (Keeling) Islands. The main products that Malaysia exported to Cocos (Keeling) Islands were Rolled Tobacco ($29). Over the past 6 years the exports of Malaysia to Cocos (Keeling) Islands have decreased at an annualized rate of 84.1%, from $1.81M in 2017 to $29 in 2023.

In 2023, Malaysia did not export any services to Cocos (Keeling) Islands.

Cocos (Keeling) Islands-Malaysia Trade: In 2023, Cocos (Keeling) Islands exported $260 to Malaysia. The main products that Cocos (Keeling) Islands exported to Malaysia were Centrifuges ($185) and Rubber Tires ($75). Over the past 6 years the exports of Cocos (Keeling) Islands to Malaysia have decreased at an annualized rate of 53%,  from $11.3k in 2017 to $260 in 2023.

In 2023, Cocos (Keeling) Islands 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, Cocos (Keeling) Islands ranked 219 in total exports ($5.87M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $29 to Cocos (Keeling) Islands. The main products exported from Malaysia to Cocos (Keeling) Islands were Rolled Tobacco ($29). During the last 6 years the exports of Malaysia to Cocos (Keeling) Islands have decreased at an annualized rate of 84.1%, from $1.81M in 2017 to $29 in 2023.

In 2018, Cocos (Keeling) Islands exported $260 to Malaysia. The main products exported from Cocos (Keeling) Islands to Malaysia were Centrifuges ($185) and Rubber Tires ($75). During the last 5 years the exports of Cocos (Keeling) Islands to Malaysia have decreased at an annualized rate of 53%, from $11.3k in 2023 to $260 in 2018.

Exports from Malaysia (Flag) to Cocos (Keeling) Islands (Flag) (2023)

Exports from Cocos (Keeling) Islands (Flag) to Malaysia (Flag) (2023)

Market Competitiveness

Color
Malaysia
Top Destination
China$79.8B

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

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

In 2023, no countries were registered that imported more from Cocos (Keeling) Islands than from Malaysia.

Difference in imports from Cocos (Keeling) Islands (Flag) and Malaysia (Flag) (2023)

Comparative Advantage Malaysia - Cocos (Keeling) Islands

Flow
Scale

This chart compares trade between Malaysia and Cocos (Keeling) Islands by product, considering products traded by both, Malaysia and Cocos (Keeling) Islands.

During 2023, Malaysia had a large net trade with Cocos (Keeling) Islands in the exports of Foodstuffs ($29).

During 2018, Cocos (Keeling) Islands had a large net trade with Malaysia in the exports of Machines ($185) and Plastics and Rubbers ($75).

Economic Complexity

Competitive Landscape

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

Product Space of Malaysia (Flag) and Cocos (Keeling) Islands (Flag) (2023)

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