Malaysia-Italy Trade: In 2022, Malaysia exported $1.99B to Italy. The main products that Malaysia exported to Italy were Palm Oil ($378M), Raw Aluminium ($179M), and Refined Petroleum ($171M). Over the past 5 years the exports of Malaysia to Italy have increased at an annualized rate of 12.4%, from $1.11B in 2017 to $1.99B in 2022.
In 2022, Malaysia did not export any services to Italy.
Italy-Malaysia Trade: In 2022, Italy exported $1.57B to Malaysia. The main products that Italy exported to Malaysia were Integrated Circuits ($255M), Jewellery ($96M), and Packaged Medicaments ($67.9M). Over the past 5 years the exports of Italy to Malaysia have increased at an annualized rate of 0.14%, from $1.56B in 2017 to $1.57B in 2022.
In 2020, Italy exported services to Malaysia worth $64.6M, with Other business services ($19.2M), Computer and information services ($17.9M), and Communications services ($9.37M) being the largest in terms of value.
Comparison: In 2022, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).