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2023
Flag → Flag
Exports $6.62MRnk 163 / 221
2023
Flag → Flag
Top Product $1.48MSoap
2023
Flag → Flag
Exports $9.58MRnk 18 / 121
2023
Flag → Flag
Top Product $8.32MIron Ore
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.42Rnk 82 / 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-Cuba Trade: In 2023, Malaysia exported $6.62M to Cuba. The main products that Malaysia exported to Cuba were Soap ($1.48M), Malt Extract ($1.02M), and Electric Heaters ($787k). Over the past 5 years the exports of Malaysia to Cuba have decreased at an annualized rate of 17%, from $16.8M in 2018 to $6.62M in 2023.

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

Cuba-Malaysia Trade: In 2023, Cuba exported $9.58M to Malaysia. The main products that Cuba exported to Malaysia were Iron Ore ($8.32M), Copper Powder ($427k), and Rolled Tobacco ($226k). Over the past 5 years the exports of Cuba to Malaysia have increased at an annualized rate of 51%,  from $1.22M in 2018 to $9.58M in 2023.

In 2023, Cuba 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, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR1.89M and imported MYR17.4k from Cuba, resulting in a positive trade balance of MYR1.87M. Between November 2023 and November 2024 the exports of Malaysia have decreased by MYR-3.52M (-65.1%) from MYR5.41M to MYR1.89M, while imports decreased by MYR-1M (-98.3%) from MYR1.02M to MYR17.4k.

Trade In November 2024, the top exports of Malaysia to Cuba were Electric Heaters (MYR3.59M), Prepr binder for foundry (MYR694k), Air Conditioners (MYR123k), and Saturated Acyclic Monocarboxylic Acids (MYR7.36k). In November 2024 the top imports of Malaysia from Cuba were Iron Ore (MYR38M), Styrene Polymers (MYR409k), Hard Liquor (MYR280k), and Copper Powder (MYR172k).

Growth In November 2024, the decrease in Malaysia's year-by-year exports to Cuba was explained primarily by an decrease in product exports in . In November 2024, the decrease in Malaysia's year-by-year imports  from Cuba was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR-3.52M(-65.1%)
IMPORT GROWTH (November 2023 - November 2024)MYR-1M(-98.3%)

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 Cuba and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cuba and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $6.62M to Cuba. The main products exported from Malaysia to Cuba were Soap ($1.48M), Malt Extract ($1.02M), and Electric Heaters ($787k). During the last 5 years the exports of Malaysia to Cuba have decreased at an annualized rate of 17%, from $16.8M in 2018 to $6.62M in 2023.

In 2018, Cuba exported $9.58M to Malaysia. The main products exported from Cuba to Malaysia were Iron Ore ($8.32M), Copper Powder ($427k), and Rolled Tobacco ($226k). During the last 5 years the exports of Cuba to Malaysia have increased at an annualized rate of 51%, from $1.22M in 2023 to $9.58M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Cuba
Top DestinationChina$358M

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

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

In 2023, countries that imported more from Cuba than Malaysia included Cyprus ($42.5M) and Andorra ($3.77M).

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

Comparative Advantage Malaysia - Cuba

Flow
Scale

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

During 2023, Malaysia had a large net trade with Cuba in the exports of Chemical Products ($2.27M), Machines ($1.34M), and Plastics and Rubbers ($1.08M).

During 2018, Cuba had a large net trade with Malaysia in the exports of Mineral Products ($8.32M), Metals ($600k), and Foodstuffs ($359k).

Economic Complexity

Competitive Landscape

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

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

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