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2023
Flag → Flag
Exports $3.77MRnk 169 / 221
2023
Flag → Flag
Top Product $3.37MPalm Oil
2023
Flag → Flag
Exports $252kRnk 202 / 0
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 PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Malaysia-Eritrea Trade: In 2023, Malaysia exported $3.77M to Eritrea. The main products that Malaysia exported to Eritrea were Palm Oil ($3.37M), Stone Processing Machines ($250k), and Other Rubber Products ($84.4k). Over the past 5 years the exports of Malaysia to Eritrea have decreased at an annualized rate of 4.37%, from $4.71M in 2018 to $3.77M in 2023.

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

Eritrea-Malaysia In N/A, Eritrea did not export any products to Malaysia.

In 2023, Eritrea 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, Eritrea ranked 169 in total exports ($529M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Malaysia exported MYR6.03M and imported MYR21.7k from Eritrea, resulting in a positive trade balance of MYR6.01M. Between December 2023 and December 2024 the exports of Malaysia have increased by MYR5.76M (2.1k%) from MYR274k to MYR6.03M, while imports decreased by MYR-69.4M (-100%) from MYR69.4M to MYR21.7k.

Trade In December 2024, the top exports of Malaysia to Eritrea were Stone Processing Machines (MYR271k) and Other Plastic Products (MYR12.6k). In December 2024 the top imports of Malaysia from Eritrea were .

Growth In December 2024, the increase in Malaysia's year-by-year exports to Eritrea was explained primarily by an increase in product exports in . In April 2021, the decrease in Malaysia's year-by-year imports  from Eritrea was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)MYR5.76M(2.1k%)
IMPORT GROWTH (April 2020 - April 2021)MYR-69.4M(-100%)

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 Eritrea and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Eritrea and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $3.77M to Eritrea. The main products exported from Malaysia to Eritrea were Palm Oil ($3.37M), Stone Processing Machines ($250k), and Other Rubber Products ($84.4k). During the last 5 years the exports of Malaysia to Eritrea have decreased at an annualized rate of 4.37%, from $4.71M in 2018 to $3.77M in 2023.

Eritrea does not register exports to Malaysia.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationN/AN/A
Eritrea
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage Malaysia - Eritrea

Flow
Scale

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

During 2023, Malaysia had a large net trade with Eritrea in the exports of Animal and Vegetable Bi-Products ($3.41M), Machines ($270k), and Plastics and Rubbers ($84.4k).

Economic Complexity

Competitive Landscape

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

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

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