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2022
Flag → Flag
Exports $15.3MRnk 143 / 218
2022
Flag → Flag
Top Product $3.68MPassenger and Cargo Ships
2022
Flag → Flag
Exports $10.5MRnk 60 / 194
2022
Flag → Flag
Top Product $4.43MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
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 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
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GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
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GDP PC$31,284CURRENT US$
Rnk 36 / 186
2012-2022
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GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Malaysia-Cyprus Trade: In 2022, Malaysia exported $15.3M to Cyprus. The main products that Malaysia exported to Cyprus were Passenger and Cargo Ships ($3.68M), Rubber Apparel ($2.84M), and Other Furniture ($1.24M). Over the past 5 years the exports of Malaysia to Cyprus have decreased at an annualized rate of 0.66%, from $15.8M in 2017 to $15.3M in 2022.

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

Cyprus-Malaysia Trade: In 2022, Cyprus exported $10.5M to Malaysia. The main products that Cyprus exported to Malaysia were Packaged Medicaments ($4.43M), Unpackaged Medicaments ($1.82M), and Polyacetals ($957k). Over the past 5 years the exports of Cyprus to Malaysia have decreased at an annualized rate of 1.39%,  from $11.2M in 2017 to $10.5M in 2022.

In 2020, Cyprus exported services to Malaysia worth $8M, with Transportation ($6.85M) and Financial services ($1.14M) being the largest in terms of value.

Comparison In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09),  and 22 in total exports ($378B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, Malaysia exported MYR2.88M and imported MYR4.71M from Cyprus, resulting in a negative trade balance of MYR1.83M. Between September 2023 and September 2024 the exports of Malaysia have increased by MYR862k (42.7%) from MYR2.02M to MYR2.88M, while imports decreased by MYR-476k (-9.17%) from MYR5.19M to MYR4.71M.

Trade In September 2024, the top exports of Malaysia to Cyprus were Antibiotics (MYR941k), Rubber Apparel (MYR601k), Electrical Power Accessories (MYR393k), Seats (MYR159k), and Plastic Lids (MYR122k). In September 2024 the top imports of Malaysia from Cyprus were Aluminium Powder (MYR226k), Special Pharmaceuticals (MYR184k), Fruit Juice (MYR166k), Scrap Aluminium (MYR79.6k), and Commodities not elsewhere specified (MYR12.1k).

Growth In September 2024, the increase in Malaysia's year-by-year exports to Cyprus was explained primarily by an increase in product exports in Electrical Power Accessories (MYR385k or 4.91k%), Seats (MYR17.5k or 12.4%), and Other Plastic Products (MYR15.7k or 53.5%). In September 2024, the decrease in Malaysia's year-by-year imports  from Cyprus was explained primarily by an decrease in product imports  in Medical Instruments (MYR-26.3k or -94.6%) and Commodities not elsewhere specified (MYR-1.87k or -13.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)MYR862k(42.7%)
IMPORT GROWTH (September 2023 - September 2024)MYR-476k(-9.17%)

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 Cyprus and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cyprus and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $15.3M to Cyprus. The main products exported from Malaysia to Cyprus were Passenger and Cargo Ships ($3.68M), Rubber Apparel ($2.84M), and Other Furniture ($1.24M). During the last 5 years the exports of Malaysia to Cyprus have decreased at an annualized rate of 0.66%, from $15.8M in 2017 to $15.3M in 2022.

In 2017, Cyprus exported $10.5M to Malaysia. The main products exported from Cyprus to Malaysia were Packaged Medicaments ($4.43M), Unpackaged Medicaments ($1.82M), and Polyacetals ($957k). During the last 5 years the exports of Cyprus to Malaysia have decreased at an annualized rate of 1.39%, from $11.2M in 2022 to $10.5M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Cyprus
Top DestinationHong Kong$482M

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

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

In 2022, countries that imported more from Cyprus than Malaysia included Greece ($471M), Israel ($254M), and Liberia ($255M).

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

Comparative Advantage Malaysia - Cyprus

Flow
Scale

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

During 2022, Malaysia had a large net trade with Cyprus in the exports of Plastics and Rubbers ($3.81M), Transportation ($3.72M), and Machines ($2.77M).

During 2017, Cyprus had a large net trade with Malaysia in the exports of Chemical Products ($6.27M), Plastics and Rubbers ($1.38M), and Metals ($974k).

Bilateral Service Trade

In 2020, Cyprus exported services to Malaysia worth $8M, with Transportation ($6.85M) and Financial services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to Malaysia (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Malaysia (Flag) and Cyprus (Flag) (2022)

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