NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $11MRnk 157 / 221
2023
Flag → Flag
Top Product $1.77MOther Furniture
2023
Flag → Flag
Exports $16.1MRnk 45 / 196
2023
Flag → Flag
Top Product $6.08MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 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$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195

About

Malaysia-Cyprus Trade: In 2023, Malaysia exported $11M to Cyprus. The main products that Malaysia exported to Cyprus were Other Furniture ($1.77M), Rubber Apparel ($1.18M), and Paper Notebooks ($1.14M). Over the past 5 years the exports of Malaysia to Cyprus have decreased at an annualized rate of 4.11%, from $13.5M in 2018 to $11M in 2023.

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

Cyprus-Malaysia Trade: In 2023, Cyprus exported $16.1M to Malaysia. The main products that Cyprus exported to Malaysia were Packaged Medicaments ($6.08M), Unpackaged Medicaments ($2.8M), and Sheep and Goats ($1.77M). Over the past 5 years the exports of Cyprus to Malaysia have increased at an annualized rate of 13.7%,  from $8.44M in 2018 to $16.1M in 2023.

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 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04),  and 19 in total exports ($383B). That same year, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR1.64M and imported MYR3.24M from Cyprus, resulting in a negative trade balance of MYR1.59M. Between November 2023 and November 2024 the exports of Malaysia have decreased by MYR-1.79M (-52.1%) from MYR3.43M to MYR1.64M, while imports decreased by MYR-1.93M (-37.3%) from MYR5.16M to MYR3.24M.

Trade In November 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 November 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 November 2024, the decrease in Malaysia's year-by-year exports to Cyprus was explained primarily by an decrease in product exports in Rubber Apparel (MYR-1.51M or -71.5%), Other Electrical Machinery (MYR-1.01M or -99.2%), and Other Furniture (MYR-249k or -71.7%). In November 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 (November 2023 - November 2024)MYR-1.79M(-52.1%)
IMPORT GROWTH (November 2023 - November 2024)MYR-1.93M(-37.3%)

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 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 2023, Malaysia exported $11M to Cyprus. The main products exported from Malaysia to Cyprus were Other Furniture ($1.77M), Rubber Apparel ($1.18M), and Paper Notebooks ($1.14M). During the last 5 years the exports of Malaysia to Cyprus have decreased at an annualized rate of 4.11%, from $13.5M in 2018 to $11M in 2023.

In 2018, Cyprus exported $16.1M to Malaysia. The main products exported from Cyprus to Malaysia were Packaged Medicaments ($6.08M), Unpackaged Medicaments ($2.8M), and Sheep and Goats ($1.77M). During the last 5 years the exports of Cyprus to Malaysia have increased at an annualized rate of 13.7%, from $8.44M in 2023 to $16.1M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Cyprus
Top DestinationLibya$775M

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

In 2023, countries that imported more from Cyprus than Malaysia included Libya ($775M), Greece ($626M), and Bermuda ($403M).

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

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 2023, Malaysia had a large net trade with Cyprus in the exports of Miscellaneous ($2.57M), Plastics and Rubbers ($1.89M), and Machines ($1.48M).

During 2018, Cyprus had a large net trade with Malaysia in the exports of Chemical Products ($8.93M), Metals ($2.28M), and Animal Products ($1.77M).

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) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms