2023
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GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
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GDP GROWTH
23.6%CURRENT US$
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2023
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 GDP
$279MCURRENT US$
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2013-2023
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GDP GROWTH
38.4%CURRENT US$
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2023
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GDP PC 
$11,379CURRENT US$
Rnk 85 / 195
2013-2023
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GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195
2023
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GDP PC
$2,107CURRENT US$
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2013-2023
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GDP PC GROWTH
18.9%CURRENT US$
Rnk 107 / 195

About

Malaysia-Kiribati Trade: In 2023, Malaysia exported $3.13M to Kiribati. The main products that Malaysia exported to Kiribati were Raw Sugar ($552k), Malt Extract ($419k), and Concentrated Milk ($324k). Over the past 5 years the exports of Malaysia to Kiribati have increased at an annualized rate of 12.4%, from $1.75M in 2018 to $3.13M in 2023.

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

Kiribati-Malaysia Trade: In 2023, Kiribati exported $581k to Malaysia. The main products that Kiribati exported to Malaysia were Coconut Oil ($581k). Over the past 5 years the exports of Kiribati to Malaysia have decreased at an annualized rate of 6.99%,  from $2.14M in 2018 to $581k in 2023.

In 2023, Kiribati 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, Kiribati ranked 197 in total exports ($83.3M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $3.13M to Kiribati. The main products exported from Malaysia to Kiribati were Raw Sugar ($552k), Malt Extract ($419k), and Concentrated Milk ($324k). During the last 5 years the exports of Malaysia to Kiribati have increased at an annualized rate of 12.4%, from $1.75M in 2018 to $3.13M in 2023.

In 2018, Kiribati exported $581k to Malaysia. The main products exported from Kiribati to Malaysia were Coconut Oil ($581k). During the last 5 years the exports of Kiribati to Malaysia have decreased at an annualized rate of 6.99%, from $2.14M in 2023 to $581k in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
China$79.8B
Kiribati
Top Destination
Thailand$71.1M

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

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

In 2023, no countries were registered that imported more from Kiribati than from Malaysia.

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

Comparative Advantage Malaysia - Kiribati

Flow
Scale

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

During 2023, Malaysia had a large net trade with Kiribati in the exports of Foodstuffs ($1.82M), Machines ($328k), and Animal Products ($324k).

During 2018, Kiribati had a large net trade with Malaysia in the exports of Animal and Vegetable Bi-Products ($581k).

Economic Complexity

Competitive Landscape

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

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

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