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2023
Flag → Flag
Exports $177MRnk 78 / 221
2023
Flag → Flag
Top Product $16.1MBroadcasting Equipment
2023
Flag → Flag
Exports $313MRnk 30 / 183
2023
Flag → Flag
Top Product $211MRefined Copper
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
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Economic Complexity (ECI) ECI -0.2Rnk 72 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 139 / 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$17,068CURRENT US$
Rnk 68 / 196
2013-2023
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GDP PC GROWTH8.83%CURRENT US$
Rnk 137 / 195

About

Malaysia-Chile Trade: In 2023, Malaysia exported $177M to Chile. The main products that Malaysia exported to Chile were Broadcasting Equipment ($16.1M), Other Vegetable Oils ($12.4M), and Rubber Apparel ($10.2M). Over the past 5 years the exports of Malaysia to Chile have decreased at an annualized rate of 7.49%, from $262M in 2018 to $177M in 2023.

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

Chile-Malaysia Trade: In 2023, Chile exported $313M to Malaysia. The main products that Chile exported to Malaysia were Refined Copper ($211M), Non-fillet Frozen Fish ($18.6M), and Copper Ore ($16M). Over the past 5 years the exports of Chile to Malaysia have increased at an annualized rate of 18.3%,  from $135M in 2018 to $313M in 2023.

In 2023, Chile 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, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Latest Trends

December, 2024

About

Overview In December 2024, Malaysia exported MYR50.7M and imported MYR39.4M from Chile, resulting in a positive trade balance of MYR11.3M. Between December 2023 and December 2024 the exports of Malaysia have decreased by MYR-5.66M (-10%) from MYR56.4M to MYR50.7M, while imports decreased by MYR-20.1M (-33.8%) from MYR59.5M to MYR39.4M.

Trade In December 2024, the top exports of Malaysia to Chile were Other Furniture (MYR5.54M), Electrical Transformers (MYR4.35M), Margarine (MYR3.66M), Other Vegetable Oils (MYR3.27M), and Float Glass (MYR3.07M). In December 2024 the top imports of Malaysia from Chile were Refined Copper (MYR34.2M), Wine (MYR18.7M), Sawn Wood (MYR8.33M), Non-fillet Frozen Fish (MYR6.44M), and Sulfate Chemical Woodpulp (MYR2.38M).

Growth In December 2024, the decrease in Malaysia's year-by-year exports to Chile was explained primarily by an decrease in product exports in Other Rubber Products (MYR-3.1M or -95.5%), Margarine (MYR-1.7M or -31.7%), and Scented Mixtures (MYR-1.56M or -71.1%). In December 2024, the decrease in Malaysia's year-by-year imports  from Chile was explained primarily by an decrease in product imports  in Fish Fillets (MYR-5.48M or -97%), Borax (MYR-3.41M or -78.6%), and Non-fillet Frozen Fish (MYR-3.05M or -32.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)MYR-5.66M(-10%)
IMPORT GROWTH (December 2023 - December 2024)MYR-20.1M(-33.8%)

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 Chile and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Chile and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $177M to Chile. The main products exported from Malaysia to Chile were Broadcasting Equipment ($16.1M), Other Vegetable Oils ($12.4M), and Rubber Apparel ($10.2M). During the last 5 years the exports of Malaysia to Chile have decreased at an annualized rate of 7.49%, from $262M in 2018 to $177M in 2023.

In 2018, Chile exported $313M to Malaysia. The main products exported from Chile to Malaysia were Refined Copper ($211M), Non-fillet Frozen Fish ($18.6M), and Copper Ore ($16M). During the last 5 years the exports of Chile to Malaysia have increased at an annualized rate of 18.3%, from $135M in 2023 to $313M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Chile
Top DestinationChina$38.2B

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

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

In 2023, countries that imported more from Chile than Malaysia included Brazil ($4.4B), Bolivia ($1.36B), and Peru ($1.45B).

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

Comparative Advantage Malaysia - Chile

Flow
Scale

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

During 2023, Malaysia had a large net trade with Chile in the exports of Machines ($55M), Animal and Vegetable Bi-Products ($29.2M), and Plastics and Rubbers ($24.5M).

During 2018, Chile had a large net trade with Malaysia in the exports of Metals ($221M), Animal Products ($24.6M), and Mineral Products ($19.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Chile+$18.7MTelephones
Top Product Potential Chile Malaysia+$41.5MRefined Copper

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

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

Keep Exploring

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