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2023
Flag → Flag
Exports $44MRnk 116 / 221
2023
Flag → Flag
Top Product $10.9MNitrogenous Fertilizers
2023
Flag → Flag
Exports $1.45MRnk 28 / 111
2023
Flag → Flag
Top Product $514kWheat Flours
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
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 GDP$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 26 / 195
2023
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GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
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GDP PC$1,378CURRENT US$
Rnk 169 / 196
2013-2023
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GDP PC GROWTH71.5%CURRENT US$
Rnk 24 / 195

About

Malaysia-Nepal Trade: In 2023, Malaysia exported $44M to Nepal. The main products that Malaysia exported to Nepal were Nitrogenous Fertilizers ($10.9M), Palm Oil ($5.62M), and Computers ($5.06M). Over the past 5 years the exports of Malaysia to Nepal have decreased at an annualized rate of 16.3%, from $107M in 2018 to $44M in 2023.

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

Nepal-Malaysia Trade: In 2023, Nepal exported $1.45M to Malaysia. The main products that Nepal exported to Malaysia were Wheat Flours ($514k), Aircraft parts (gliders, balloons, and powered aircraft) ($334k), and Processed Tobacco ($120k). Over the past 5 years the exports of Nepal to Malaysia have increased at an annualized rate of 3.31%,  from $1.23M in 2018 to $1.45M in 2023.

In 2023, Nepal 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, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR13.8M and imported MYR931k from Nepal, resulting in a positive trade balance of MYR12.9M. Between November 2023 and November 2024 the exports of Malaysia have decreased by MYR-2.68M (-16.2%) from MYR16.5M to MYR13.8M, while imports increased by MYR51.4k (5.84%) from MYR880k to MYR931k.

Trade In November 2024, the top exports of Malaysia to Nepal were Commodities not elsewhere specified (MYR5.39M), Other Vegetable Oils (MYR1.53M), Rubber Apparel (MYR1.06M), Float Glass (MYR1.02M), and Aircraft parts for spacecraft, UAVs, and... (MYR695k). In November 2024 the top imports of Malaysia from Nepal were Wheat Flours (MYR966k), Processed Tobacco (MYR198k), Sculptures (MYR18.9k), Other Cloth Articles (MYR15.7k), and Bells and Other Metal Ornaments (MYR14.2k).

Growth In November 2024, the decrease in Malaysia's year-by-year exports to Nepal was explained primarily by an decrease in product exports in Computers (MYR-8.6M or -97.4%), Other Agricultural Machinery (MYR-3.57M or -99.9%), and Video Displays (MYR-848k or -98.8%). In November 2024, the increase in Malaysia's year-by-year imports  from Nepal was explained primarily by an increase in product imports  in Processed Tobacco (MYR20.5k or 11.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR-2.68M(-16.2%)
IMPORT GROWTH (November 2023 - November 2024)MYR51.4k(5.84%)

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 Nepal and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Nepal and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $44M to Nepal. The main products exported from Malaysia to Nepal were Nitrogenous Fertilizers ($10.9M), Palm Oil ($5.62M), and Computers ($5.06M). During the last 5 years the exports of Malaysia to Nepal have decreased at an annualized rate of 16.3%, from $107M in 2018 to $44M in 2023.

In 2018, Nepal exported $1.45M to Malaysia. The main products exported from Nepal to Malaysia were Wheat Flours ($514k), Aircraft parts (gliders, balloons, and powered aircraft) ($334k), and Processed Tobacco ($120k). During the last 5 years the exports of Nepal to Malaysia have increased at an annualized rate of 3.31%, from $1.23M in 2023 to $1.45M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Nepal
Top DestinationIndia$811M

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

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

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

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

Comparative Advantage Malaysia - Nepal

Flow
Scale

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

During 2023, Malaysia had a large net trade with Nepal in the exports of Chemical Products ($11.7M), Animal and Vegetable Bi-Products ($8.22M), and Machines ($7.87M).

During 2018, Nepal had a large net trade with Malaysia in the exports of Vegetable Products ($567k), Transportation ($334k), and Foodstuffs ($223k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Nepal+$8.96MPalm Oil
Top Product Potential Nepal Malaysia+$367kPasta

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 Nepal. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Nepal. Similarly, a dot/product with the flag of Nepal indicates it has a comparative advantage over Malaysia.

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

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