2023
Flag  
GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC 
$11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC
$20,765CURRENT US$
Rnk 63 / 196
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
Rnk 1 / 195

About

Malaysia-Guyana Trade: In 2023, Malaysia exported $13M to Guyana. The main products that Malaysia exported to Guyana were Concentrated Milk ($3.43M), Palm Oil ($1.82M), and Malt Extract ($1.39M). Over the past 5 years the exports of Malaysia to Guyana have increased at an annualized rate of 11.8%, from $7.42M in 2018 to $13M in 2023.

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

Guyana-Malaysia Trade: In 2023, Guyana exported $3.02M to Malaysia. The main products that Guyana exported to Malaysia were Valves ($1.03M), Surveying Equipment ($545k), and Copper Powder ($524k). Over the past 5 years the exports of Guyana to Malaysia have increased at an annualized rate of 42.1%,  from $522k in 2018 to $3.02M in 2023.

In 2023, Guyana 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, Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $13M to Guyana. The main products exported from Malaysia to Guyana were Concentrated Milk ($3.43M), Palm Oil ($1.82M), and Malt Extract ($1.39M). During the last 5 years the exports of Malaysia to Guyana have increased at an annualized rate of 11.8%, from $7.42M in 2018 to $13M in 2023.

In 2018, Guyana exported $3.02M to Malaysia. The main products exported from Guyana to Malaysia were Valves ($1.03M), Surveying Equipment ($545k), and Copper Powder ($524k). During the last 5 years the exports of Guyana to Malaysia have increased at an annualized rate of 42.1%, from $522k in 2023 to $3.02M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
China$79.8B
Guyana
Top Destination
United States$3.51B

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

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

In 2023, countries that imported more from Guyana than Malaysia included Trinidad and Tobago ($1.9B), Panama ($519M), and Greece ($409M).

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

Comparative Advantage Malaysia - Guyana

Flow
Scale

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

During 2023, Malaysia had a large net trade with Guyana in the exports of Animal Products ($3.57M), Animal and Vegetable Bi-Products ($2.79M), and Foodstuffs ($2.38M).

During 2018, Guyana had a large net trade with Malaysia in the exports of Machines ($1.51M), Metals ($769k), and Instruments ($669k).

Economic Complexity

Competitive Landscape

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

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

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