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2023
Flag → Flag
Exports $19.3BRnk 5 / 221
2023
Flag → Flag
Top Product $11.7BIntegrated Circuits
2023
Flag → Flag
Exports $3.57BRnk 8 / 198
2023
Flag → Flag
Top Product $753MIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
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Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
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GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH38.1%CURRENT US$
Rnk 97 / 195
2023
Flag
GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
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GDP PC$50,532CURRENT US$
Rnk 25 / 196
2013-2023
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GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195

About

Malaysia-Hong Kong Trade: In 2023, Malaysia exported $19.3B to Hong Kong. The main products that Malaysia exported to Hong Kong were Integrated Circuits ($11.7B), Raw Iron Bars ($1.56B), and Refined Petroleum ($954M). Over the past 5 years the exports of Malaysia to Hong Kong have decreased at an annualized rate of 4.06%, from $23.7B in 2018 to $19.3B in 2023.

In 2023, Malaysia did not export any services to Hong Kong.

Hong Kong-Malaysia Trade: In 2023, Hong Kong exported $3.57B to Malaysia. The main products that Hong Kong exported to Malaysia were Integrated Circuits ($753M), Broadcasting Equipment ($420M), and Printed Circuit Boards ($272M). Over the past 5 years the exports of Hong Kong to Malaysia have decreased at an annualized rate of 1.91%,  from $3.93B in 2018 to $3.57B in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Latest Trends

December, 2024

About

Overview In December 2024, Malaysia exported MYR9.85B and imported MYR1.13B from Hong Kong, resulting in a positive trade balance of MYR8.72B. Between December 2023 and December 2024 the exports of Malaysia have increased by MYR2.5B (34.1%) from MYR7.35B to MYR9.85B, while imports decreased by MYR-448M (-28.4%) from MYR1.58B to MYR1.13B.

Trade In December 2024, the top exports of Malaysia to Hong Kong were Integrated Circuits (MYR4.01B), Semiconductor Devices (MYR416M), Raw Iron Bars (MYR402M), Computers (MYR192M), and Printed Circuit Boards (MYR160M). In December 2024 the top imports of Malaysia from Hong Kong were Integrated Circuits (MYR480M), Telephones (MYR171M), Computers (MYR149M), Jewellery (MYR119M), and Blank Audio Media (MYR61.8M).

Growth In December 2024, the increase in Malaysia's year-by-year exports to Hong Kong was explained primarily by an increase in product exports in Semiconductor Devices (MYR110M or 36%), Raw Iron Bars (MYR59.6M or 17.4%), and Gold (MYR39.6M or 190%). In December 2024, the decrease in Malaysia's year-by-year imports  from Hong Kong was explained primarily by an decrease in product imports  in Telephones (MYR-74.2M or -30.3%), Printed Circuit Boards (MYR-48.5M or -58.3%), and Electric Motors (MYR-5.94M or -47.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)MYR2.5B(34.1%)
IMPORT GROWTH (December 2023 - December 2024)MYR-448M(-28.4%)

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 Hong Kong and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Hong Kong and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $19.3B to Hong Kong. The main products exported from Malaysia to Hong Kong were Integrated Circuits ($11.7B), Raw Iron Bars ($1.56B), and Refined Petroleum ($954M). During the last 5 years the exports of Malaysia to Hong Kong have decreased at an annualized rate of 4.06%, from $23.7B in 2018 to $19.3B in 2023.

In 2018, Hong Kong exported $3.57B to Malaysia. The main products exported from Hong Kong to Malaysia were Integrated Circuits ($753M), Broadcasting Equipment ($420M), and Printed Circuit Boards ($272M). During the last 5 years the exports of Hong Kong to Malaysia have decreased at an annualized rate of 1.91%, from $3.93B in 2023 to $3.57B in 2018.

Exports from Malaysia (Flag) to Hong Kong (Flag) (2023)

Exports from Hong Kong (Flag) to Malaysia (Flag) (2023)

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Hong Kong
Top DestinationChina$25.3B

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

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

In 2023, countries that imported more from Hong Kong than Malaysia included Switzerland ($4.86B), Vietnam ($14.4B), and Macau ($2.15B).

Difference in imports from Hong Kong (Flag) and Malaysia (Flag) (2023)

Comparative Advantage Malaysia - Hong Kong

Flow
Scale

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

During 2023, Malaysia had a large net trade with Hong Kong in the exports of Machines ($15.4B), Metals ($1.66B), and Mineral Products ($1.04B).

During 2018, Hong Kong had a large net trade with Malaysia in the exports of Machines ($2.39B), Precious Metals ($356M), and Instruments ($276M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Hong Kong+$327MTelephones
Top Product Potential Hong Kong Malaysia+$218MIntegrated Circuits

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

Product Space of Malaysia (Flag) and Hong Kong (Flag) (2023)

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