2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP
$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 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
$6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186

About

Malaysia-Marshall Islands Trade: In 2022, Malaysia exported $62.6M to Marshall Islands. The main products that Malaysia exported to Marshall Islands were Refined Petroleum ($61.9M), Palm Oil ($198k), and Concentrated Milk ($195k). Over the past 5 years the exports of Malaysia to Marshall Islands have increased at an annualized rate of 205%, from $237k in 2017 to $62.6M in 2022.

In 2022, Malaysia did not export any services to Marshall Islands.

Marshall Islands-Malaysia Trade: In 2022, Marshall Islands exported $1.52M to Malaysia. The main products that Marshall Islands exported to Malaysia were Coconut Oil ($980k) and Large Flat-Rolled Stainless Steel ($537k). Over the past 5 years the exports of Marshall Islands to Malaysia have increased at an annualized rate of 27.8%,  from $444k in 2017 to $1.52M in 2022.

In 2022, Marshall Islands 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, Marshall Islands ranked 160 in total exports ($1.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $62.6M to Marshall Islands. The main products exported from Malaysia to Marshall Islands were Refined Petroleum ($61.9M), Palm Oil ($198k), and Concentrated Milk ($195k). During the last 5 years the exports of Malaysia to Marshall Islands have increased at an annualized rate of 205%, from $237k in 2017 to $62.6M in 2022.

In 2017, Marshall Islands exported $1.52M to Malaysia. The main products exported from Marshall Islands to Malaysia were Coconut Oil ($980k) and Large Flat-Rolled Stainless Steel ($537k). During the last 5 years the exports of Marshall Islands to Malaysia have increased at an annualized rate of 27.8%, from $444k in 2022 to $1.52M in 2017.

Exports from Malaysia (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Marshall Islands
Top Destination
Germany$327M

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

In 2022, countries that imported more from Malaysia than Marshall Islands included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2022, countries that imported more from Marshall Islands than Malaysia included Malta ($66.2M).

Difference in imports from Marshall Islands (Flag) and Malaysia (Flag) (2022)

Comparative Advantage Malaysia - Marshall Islands

Flow
Scale

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

During 2022, Malaysia had a large net trade with Marshall Islands in the exports of Mineral Products ($61.9M), Animal Products ($204k), and Animal and Vegetable Bi-Products ($198k).

During 2017, Marshall Islands had a large net trade with Malaysia in the exports of Animal and Vegetable Bi-Products ($980k) and Metals ($537k).

Economic Complexity

Competitive Landscape

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

Product Space of Malaysia (Flag) and Marshall Islands (Flag) (2022)

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