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2022
Flag → Flag
Exports $438MRnk 52 / 218
2022
Flag → Flag
Top Product $266MIntegrated Circuits
2022
Flag → Flag
Exports $61.3MRnk 35 / 178
2022
Flag → Flag
Top Product $24.1MIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

Malaysia-Costa Rica Trade: In 2022, Malaysia exported $438M to Costa Rica. The main products that Malaysia exported to Costa Rica were Integrated Circuits ($266M), Oscilloscopes ($65.7M), and Machinery Having Individual Functions ($33.8M). Over the past 5 years the exports of Malaysia to Costa Rica have increased at an annualized rate of 41.5%, from $77.3M in 2017 to $438M in 2022.

In 2022, Malaysia did not export any services to Costa Rica.

Costa Rica-Malaysia Trade: In 2022, Costa Rica exported $61.3M to Malaysia. The main products that Costa Rica exported to Malaysia were Integrated Circuits ($24.1M), Iron Fasteners ($11.2M), and Low-voltage Protection Equipment ($6.82M). Over the past 5 years the exports of Costa Rica to Malaysia have increased at an annualized rate of 29.4%,  from $16.9M in 2017 to $61.3M in 2022.

In 2022, Costa Rica 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, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Latest Trends

August, 2024

About

Overview In August 2024, Malaysia exported MYR316M and imported MYR232M from Costa Rica, resulting in a positive trade balance of MYR84.1M. Between August 2023 and August 2024 the exports of Malaysia have increased by MYR41.6M (15.1%) from MYR275M to MYR316M, while imports increased by MYR165M (246%) from MYR67.1M to MYR232M.

Trade In August 2024, the top exports of Malaysia to Costa Rica were Integrated Circuits (MYR163M), Oscilloscopes (MYR11.7M), Medical Instruments (MYR4.8M), Plastic Lids (MYR1.13M), and Float Glass (MYR946k). In August 2024 the top imports of Malaysia from Costa Rica were Integrated Circuits (MYR280M), Insulated Wire (MYR4.74M), Medical Instruments (MYR3.3M), Oscilloscopes (MYR2.77M), and Low-voltage Protection Equipment (MYR1.9M).

Growth In August 2024, the increase in Malaysia's year-by-year exports to Costa Rica was explained primarily by an increase in product exports in Integrated Circuits (MYR15M or 10.1%), Medical Instruments (MYR2.02M or 72.6%), and Telephones (MYR660k or 1.45k%). In August 2024, the increase in Malaysia's year-by-year imports  from Costa Rica was explained primarily by an increase in product imports  in Integrated Circuits (MYR189M or 207%), Oscilloscopes (MYR2.66M or 2.43k%), and Insulated Wire (MYR942k or 24.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)MYR41.6M(15.1%)
IMPORT GROWTH (August 2023 - August 2024)MYR165M(246%)

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 Costa Rica and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Costa Rica and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $438M to Costa Rica. The main products exported from Malaysia to Costa Rica were Integrated Circuits ($266M), Oscilloscopes ($65.7M), and Machinery Having Individual Functions ($33.8M). During the last 5 years the exports of Malaysia to Costa Rica have increased at an annualized rate of 41.5%, from $77.3M in 2017 to $438M in 2022.

In 2017, Costa Rica exported $61.3M to Malaysia. The main products exported from Costa Rica to Malaysia were Integrated Circuits ($24.1M), Iron Fasteners ($11.2M), and Low-voltage Protection Equipment ($6.82M). During the last 5 years the exports of Costa Rica to Malaysia have increased at an annualized rate of 29.4%, from $16.9M in 2022 to $61.3M in 2017.

Exports from Malaysia (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Malaysia than Costa Rica included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Costa Rica than Malaysia included Guatemala ($821M), Nicaragua ($593M), and Honduras ($517M).

Difference in imports from Costa Rica (Flag) and Malaysia (Flag) (2022)

Comparative Advantage Malaysia - Costa Rica

Flow
Scale

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

During 2022, Malaysia had a large net trade with Costa Rica in the exports of Machines ($326M), Instruments ($75M), and Metals ($13.1M).

During 2017, Costa Rica had a large net trade with Malaysia in the exports of Machines ($38.1M), Metals ($15.1M), and Instruments ($5.38M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Costa Rica+$4MMedical Instruments
Top Product Potential Costa Rica Malaysia+$5.46MMedical Instruments

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

Product Space of Malaysia (Flag) and Costa Rica (Flag) (2022)

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