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Pricing

2022
Flag → Flag
Exports $48.6MRnk 120 / 218
2022
Flag → Flag
Top Product $33.8MPalm Oil
2022
Flag → Flag
Exports $12.1MRnk 17 / 105
2022
Flag → Flag
Top Product $9.29MCocoa Beans
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Malaysia-Guinea Trade: In 2022, Malaysia exported $48.6M to Guinea. The main products that Malaysia exported to Guinea were Palm Oil ($33.8M), Stearic Acid ($4.93M), and Documents of title (bonds etc) and unused stamps ($4.56M). Over the past 5 years the exports of Malaysia to Guinea have decreased at an annualized rate of 1.25%, from $51.8M in 2017 to $48.6M in 2022.

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

Guinea-Malaysia Trade: In 2022, Guinea exported $12.1M to Malaysia. The main products that Guinea exported to Malaysia were Cocoa Beans ($9.29M), Rubber ($2.68M), and Fermented Milk Products ($97.5k). Over the past 5 years the exports of Guinea to Malaysia have increased at an annualized rate of 1.97%,  from $11M in 2017 to $12.1M in 2022.

In 2022, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Latest Trends

July, 2024

About

Overview In July 2024, Malaysia exported MYR2.8M and imported MYR84.5M from Guinea, resulting in a negative trade balance of MYR81.7M. Between July 2023 and July 2024 the exports of Malaysia have increased by MYR1.08M (62.7%) from MYR1.72M to MYR2.8M, while imports increased by MYR72.1M (582%) from MYR12.4M to MYR84.5M.

Trade In July 2024, the top exports of Malaysia to Guinea were Other Printed Material (MYR658k), Sulfates (MYR483k), Malt Extract (MYR330k), Coconut Oil (MYR312k), and Electric Batteries (MYR222k). In July 2024 the top imports of Malaysia from Guinea were Cocoa Beans (MYR9.16M) and Rubber (MYR1.7M).

Growth In July 2024, the increase in Malaysia's year-by-year exports to Guinea was explained primarily by an increase in product exports in . In July 2024, the increase in Malaysia's year-by-year imports  from Guinea was explained primarily by an increase in product imports  in Cocoa Beans (MYR7.13M or 351%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)MYR1.08M(62.7%)
IMPORT GROWTH (July 2023 - July 2024)MYR72.1M(582%)

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 Guinea and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Guinea and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $48.6M to Guinea. The main products exported from Malaysia to Guinea were Palm Oil ($33.8M), Stearic Acid ($4.93M), and Documents of title (bonds etc) and unused stamps ($4.56M). During the last 5 years the exports of Malaysia to Guinea have decreased at an annualized rate of 1.25%, from $51.8M in 2017 to $48.6M in 2022.

In 2017, Guinea exported $12.1M to Malaysia. The main products exported from Guinea to Malaysia were Cocoa Beans ($9.29M), Rubber ($2.68M), and Fermented Milk Products ($97.5k). During the last 5 years the exports of Guinea to Malaysia have increased at an annualized rate of 1.97%, from $11M in 2022 to $12.1M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationN/AN/A
Guinea
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage Malaysia - Guinea

Flow
Scale

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

During 2022, Malaysia had a large net trade with Guinea in the exports of Animal and Vegetable Bi-Products ($38.8M), Paper Goods ($6.46M), and Machines ($1.3M).

During 2017, Guinea had a large net trade with Malaysia in the exports of Foodstuffs ($9.29M), Plastics and Rubbers ($2.68M), and Animal Products ($157k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Guinea+$494kMalt Extract
Top Product Potential Guinea Malaysia+$1.8MRubber

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 Guinea. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Malaysia.

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

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