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2022
Flag → Flag
Exports $6.29MRnk 163 / 218
2022
Flag → Flag
Top Product $2.89MElectric Heaters
2022
Flag → Flag
Exports $8.9MRnk 18 / 123
2022
Flag → Flag
Top Product $7.9MIron Ore
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
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GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Malaysia-Cuba Trade: In 2022, Malaysia exported $6.29M to Cuba. The main products that Malaysia exported to Cuba were Electric Heaters ($2.89M), Rubber Apparel ($658k), and Pesticides ($569k). Over the past 5 years the exports of Malaysia to Cuba have decreased at an annualized rate of 14.1%, from $13.5M in 2017 to $6.29M in 2022.

In 2022, Malaysia did not export any services to Cuba.

Cuba-Malaysia Trade: In 2022, Cuba exported $8.9M to Malaysia. The main products that Cuba exported to Malaysia were Iron Ore ($7.9M), Scrap Aluminium ($230k), and Styrene Polymers ($222k). Over the past 5 years the exports of Cuba to Malaysia have increased at an annualized rate of 59.2%,  from $870k in 2017 to $8.9M in 2022.

In 2022, Cuba 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, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Malaysia exported MYR2.96M and imported MYR134k from Cuba, resulting in a positive trade balance of MYR2.83M. Between July 2023 and July 2024 the exports of Malaysia have increased by MYR283k (10.5%) from MYR2.68M to MYR2.96M, while imports decreased by MYR-7k (-4.96%) from MYR141k to MYR134k.

Trade In July 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 July 2024 the top imports of Malaysia from Cuba were Iron Ore (MYR38M), Styrene Polymers (MYR409k), Hard Liquor (MYR280k), and Copper Powder (MYR172k).

Growth In July 2024, the increase in Malaysia's year-by-year exports to Cuba was explained primarily by an increase in product exports in . In July 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 (July 2023 - July 2024)MYR283k(10.5%)
IMPORT GROWTH (July 2023 - July 2024)MYR-7k(-4.96%)

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

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $6.29M to Cuba. The main products exported from Malaysia to Cuba were Electric Heaters ($2.89M), Rubber Apparel ($658k), and Pesticides ($569k). During the last 5 years the exports of Malaysia to Cuba have decreased at an annualized rate of 14.1%, from $13.5M in 2017 to $6.29M in 2022.

In 2017, Cuba exported $8.9M to Malaysia. The main products exported from Cuba to Malaysia were Iron Ore ($7.9M), Scrap Aluminium ($230k), and Styrene Polymers ($222k). During the last 5 years the exports of Cuba to Malaysia have increased at an annualized rate of 59.2%, from $870k in 2022 to $8.9M in 2017.

Exports from Malaysia (Flag) to Cuba (Flag) (2022)

Exports from Cuba (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Cuba than Malaysia included Cyprus ($31.2M) and Andorra ($4.23M).

Difference in imports from Cuba (Flag) and Malaysia (Flag) (2022)

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 2022, Malaysia had a large net trade with Cuba in the exports of Machines ($3.08M), Chemical Products ($1.4M), and Animal and Vegetable Bi-Products ($785k).

During 2017, Cuba had a large net trade with Malaysia in the exports of Mineral Products ($7.91M), Metals ($560k), and Plastics and Rubbers ($244k).

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) (2022)

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