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2023
Flag → Flag
Exports $14.9MRnk 150 / 221
2023
Flag → Flag
Top Product $1.88MElectric Heaters
2023
Flag → Flag
Exports $33MRnk 27 / 158
2023
Flag → Flag
Top Product $10MHydrogen
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.13Rnk 55 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH75.7%CURRENT US$
Rnk 33 / 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$8,284CURRENT US$
Rnk 94 / 196
2013-2023
Flag
GDP PC GROWTH75.8%CURRENT US$
Rnk 19 / 195

About

Malaysia-Georgia Trade: In 2023, Malaysia exported $14.9M to Georgia. The main products that Malaysia exported to Georgia were Electric Heaters ($1.88M), Other Furniture ($1.54M), and Coconut Oil ($1.5M). Over the past 5 years the exports of Malaysia to Georgia have increased at an annualized rate of 1.5%, from $13.8M in 2018 to $14.9M in 2023.

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

Georgia-Malaysia Trade: In 2023, Georgia exported $33M to Malaysia. The main products that Georgia exported to Malaysia were Hydrogen ($10M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($6.86M), and Precious Metal Ore ($4.83M). Over the past 5 years the exports of Georgia to Malaysia have increased at an annualized rate of 3.3%,  from $17.2M in 2018 to $33M in 2023.

In 2023, Georgia 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, Georgia ranked 55 in the Economic Complexity Index (ECI 0.13), and 123 in total exports ($6.39B).

Latest Trends

December, 2024

About

Overview In December 2024, Malaysia exported MYR6.23M and imported MYR6.17M from Georgia, resulting in a positive trade balance of MYR63.5k. Between December 2023 and December 2024 the exports of Malaysia have decreased by MYR-1.49M (-19.3%) from MYR7.72M to MYR6.23M, while imports increased by MYR5.61M (1k%) from MYR560k to MYR6.17M.

Trade In December 2024, the top exports of Malaysia to Georgia were Palm Oil (MYR37.7M), Electric Heaters (MYR4.01M), Liquid Pumps (MYR1.84M), Other Electrical Machinery (MYR1.62M), and Other Furniture (MYR1.32M). In December 2024 the top imports of Malaysia from Georgia were Vinyl Chloride Polymers (MYR157k), Prepr binder for foundry (MYR137k), Iron Railway Products (MYR136k), Plastic Coated Textile Fabric (MYR49.7k), and Amino-resins (MYR38.3k).

Growth In December 2024, the decrease in Malaysia's year-by-year exports to Georgia was explained primarily by an decrease in product exports in Electric Heaters (MYR-6.14M or -60.5%), Rubber Apparel (MYR-456k or -68.4%), and Beauty Products (MYR-210 or -38.5%). In December 2024, the increase in Malaysia's year-by-year imports  from Georgia was explained primarily by an increase in product imports  in Knit T-shirts (MYR3.83k or 403%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)MYR-1.49M(-19.3%)
IMPORT GROWTH (December 2023 - December 2024)MYR5.61M(1k%)

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 Georgia and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Georgia and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $14.9M to Georgia. The main products exported from Malaysia to Georgia were Electric Heaters ($1.88M), Other Furniture ($1.54M), and Coconut Oil ($1.5M). During the last 5 years the exports of Malaysia to Georgia have increased at an annualized rate of 1.5%, from $13.8M in 2018 to $14.9M in 2023.

In 2018, Georgia exported $33M to Malaysia. The main products exported from Georgia to Malaysia were Hydrogen ($10M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($6.86M), and Precious Metal Ore ($4.83M). During the last 5 years the exports of Georgia to Malaysia have increased at an annualized rate of 3.3%, from $17.2M in 2023 to $33M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Georgia
Top DestinationAzerbaijan$828M

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

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

In 2023, countries that imported more from Georgia than Malaysia included Azerbaijan ($828M), Armenia ($712M), and Kyrgyzstan ($519M).

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

Comparative Advantage Malaysia - Georgia

Flow
Scale

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

During 2023, Malaysia had a large net trade with Georgia in the exports of Machines ($3.83M), Animal and Vegetable Bi-Products ($2.29M), and Plastics and Rubbers ($2.05M).

During 2018, Georgia had a large net trade with Malaysia in the exports of Chemical Products ($16.9M), Mineral Products ($9.05M), and Metals ($3.82M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Georgia+$3.35MTelephones
Top Product Potential Georgia Malaysia+$293kMedical Instruments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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