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2023
Flag → Flag
Exports $213MRnk 70 / 221
2023
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Top Product $79.8MRefined Petroleum
2023
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Exports $3.68MRnk 12 / 93
2023
Flag → Flag
Top Product $3.38MRefined Petroleum
2023
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Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
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GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
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GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
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 GDP$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
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GDP GROWTH100%CURRENT US$
Rnk 15 / 195
2023
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GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
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GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
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GDP PC$12,530CURRENT US$
Rnk 81 / 196
2013-2023
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GDP PC GROWTH52.1%CURRENT US$
Rnk 44 / 195

About

Malaysia-Maldives Trade: In 2023, Malaysia exported $213M to Maldives. The main products that Malaysia exported to Maldives were Refined Petroleum ($79.8M), Sawn Wood ($15.1M), and Other Pure Vegetable Oils ($6.73M). Over the past 5 years the exports of Malaysia to Maldives have decreased at an annualized rate of 3.15%, from $251M in 2018 to $213M in 2023.

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

Maldives-Malaysia Trade: In 2023, Maldives exported $3.68M to Malaysia. The main products that Maldives exported to Malaysia were Refined Petroleum ($3.38M), Processed Crustaceans ($122k), and Compasses ($47k). Over the past 5 years the exports of Maldives to Malaysia have increased at an annualized rate of 13.6%,  from $620k in 2018 to $3.68M in 2023.

In 2023, Maldives 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, Maldives ranked 176 in total exports ($361M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Malaysia exported MYR113M and imported MYR259k from Maldives, resulting in a positive trade balance of MYR113M. Between December 2023 and December 2024 the exports of Malaysia have increased by MYR60.8M (116%) from MYR52.3M to MYR113M, while imports increased by MYR179k (222%) from MYR80.5k to MYR259k.

Trade In December 2024, the top exports of Malaysia to Maldives were Refined Petroleum (MYR26.8M), Sawn Wood (MYR3.82M), Computers (MYR3.79M), Palm Oil (MYR2.25M), and Coffee and Tea Extracts (MYR2.15M). In December 2024 the top imports of Malaysia from Maldives were Processed Crustaceans (MYR282k), Processed Fish (MYR79.8k), Aquatic invertebrates, other than crustaceans and... (MYR73k), Commodities not elsewhere specified (MYR3.78k), and Electrical Transformers (MYR1.97k).

Growth In December 2024, the increase in Malaysia's year-by-year exports to Maldives was explained primarily by an increase in product exports in Coffee and Tea Extracts (MYR1.92M or 807%), Other Furniture (MYR1.1M or 125%), and Shaped Wood (MYR932k or 575%). In December 2024, the increase in Malaysia's year-by-year imports  from Maldives was explained primarily by an increase in product imports  in Aquatic invertebrates, other than crustaceans and... (MYR62.4k or 586%) and Commodities not elsewhere specified (MYR3.38k or 846%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)MYR60.8M(116%)
IMPORT GROWTH (December 2023 - December 2024)MYR179k(222%)

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 Maldives and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Maldives and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $213M to Maldives. The main products exported from Malaysia to Maldives were Refined Petroleum ($79.8M), Sawn Wood ($15.1M), and Other Pure Vegetable Oils ($6.73M). During the last 5 years the exports of Malaysia to Maldives have decreased at an annualized rate of 3.15%, from $251M in 2018 to $213M in 2023.

In 2018, Maldives exported $3.68M to Malaysia. The main products exported from Maldives to Malaysia were Refined Petroleum ($3.38M), Processed Crustaceans ($122k), and Compasses ($47k). During the last 5 years the exports of Maldives to Malaysia have increased at an annualized rate of 13.6%, from $620k in 2023 to $3.68M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Maldives
Top DestinationThailand$115M

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

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

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

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

Comparative Advantage Malaysia - Maldives

Flow
Scale

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

During 2023, Malaysia had a large net trade with Maldives in the exports of Mineral Products ($83.1M), Foodstuffs ($23.7M), and Wood Products ($21.4M).

During 2018, Maldives had a large net trade with Malaysia in the exports of Mineral Products ($3.38M), Foodstuffs ($124k), and Instruments ($89.1k).

Economic Complexity

Competitive Landscape

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

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

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