2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 186
2022
Flag
GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 186

About

Malaysia-Mexico Trade: In 2022, Malaysia exported $6.68B to Mexico. The main products that Malaysia exported to Mexico were Integrated Circuits ($3.4B), Broadcasting Equipment ($485M), and Office Machine Parts ($365M). Over the past 5 years the exports of Malaysia to Mexico have decreased at an annualized rate of 2.79%, from $7.69B in 2017 to $6.68B in 2022.

In 2022, Malaysia did not export any services to Mexico.

Mexico-Malaysia Trade: In 2022, Mexico exported $445M to Malaysia. The main products that Mexico exported to Malaysia were Broadcasting Equipment ($38.3M), Integrated Circuits ($36M), and Medical Instruments ($33.9M). Over the past 5 years the exports of Mexico to Malaysia have decreased at an annualized rate of 12%,  from $843M in 2017 to $445M in 2022.

In 2022, Mexico did not export any services to Malaysia.

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $6.68B to Mexico. The main products exported from Malaysia to Mexico were Integrated Circuits ($3.4B), Broadcasting Equipment ($485M), and Office Machine Parts ($365M). During the last 5 years the exports of Malaysia to Mexico have decreased at an annualized rate of 2.79%, from $7.69B in 2017 to $6.68B in 2022.

In 2017, Mexico exported $445M to Malaysia. The main products exported from Mexico to Malaysia were Broadcasting Equipment ($38.3M), Integrated Circuits ($36M), and Medical Instruments ($33.9M). During the last 5 years the exports of Mexico to Malaysia have decreased at an annualized rate of 12%, from $843M in 2022 to $445M in 2017.

Exports from Malaysia (Flag) to Mexico (Flag) (2022)

Exports from Mexico (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Mexico
Top Destination
United States$421B

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

In 2022, countries that imported more from Malaysia than Mexico included Singapore ($53.8B), China ($48.5B), and Hong Kong ($21.7B).

In 2022, countries that imported more from Mexico than Malaysia included United States ($421B), Canada ($22.2B), and Spain ($5.41B).

Difference in imports from Mexico (Flag) and Malaysia (Flag) (2022)

Comparative Advantage Malaysia - Mexico

Flow
Scale

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

During 2022, Malaysia had a large net trade with Mexico in the exports of Machines ($5.59B), Metals ($242M), and Instruments ($188M).

During 2017, Mexico had a large net trade with Malaysia in the exports of Machines ($247M), Instruments ($53.5M), and Transportation ($38.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Mexico+$280MIntegrated Circuits
Top Product Potential Mexico Malaysia+$59.8MIntegrated 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 Mexico. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Mexico. Similarly, a dot/product with the flag of Mexico indicates it has a comparative advantage over Malaysia.

Product Space of Malaysia (Flag) and Mexico (Flag) (2022)

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