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2023
Flag → Flag
Exports $128MRnk 87 / 221
2023
Flag → Flag
Top Product $19.5MRubber
2023
Flag → Flag
Exports $58MRnk 71 / 211
2023
Flag → Flag
Top Product $19.7MIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

Malaysia-Portugal Trade: In 2023, Malaysia exported $128M to Portugal. The main products that Malaysia exported to Portugal were Rubber ($19.5M), Electrical Control Boards ($16.4M), and Integrated Circuits ($9.34M). Over the past 5 years the exports of Malaysia to Portugal have increased at an annualized rate of 3.03%, from $111M in 2018 to $128M in 2023.

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

Portugal-Malaysia Trade: In 2023, Portugal exported $58M to Malaysia. The main products that Portugal exported to Malaysia were Integrated Circuits ($19.7M), Scrap Aluminium ($4.2M), and Other Measuring Instruments ($3.74M). Over the past 5 years the exports of Portugal to Malaysia have decreased at an annualized rate of 0.9%,  from $60.7M in 2018 to $58M in 2023.

In 2003, Portugal exported services to Malaysia worth $1.02M, with Services not allocated ($1.02M) being the largest in terms of value.

Comparison: In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR28.4M and imported MYR13.6M from Portugal, resulting in a positive trade balance of MYR14.8M. Between November 2023 and November 2024 the exports of Malaysia have decreased by MYR-12.4M (-30.3%) from MYR40.8M to MYR28.4M, while imports decreased by MYR-5.41M (-28.5%) from MYR19M to MYR13.6M.

Trade In November 2024, the top exports of Malaysia to Portugal were Semiconductor Devices (MYR7.98M), Electrical Control Boards (MYR6.34M), Broadcasting Accessories (MYR2.05M), Aluminium Bars (MYR1.67M), and Integrated Circuits (MYR1.66M). In November 2024 the top imports of Malaysia from Portugal were Other Measuring Instruments (MYR5.32M), Integrated Circuits (MYR3.11M), Synthetic Monofilament (MYR1.55M), Knit T-shirts (MYR819k), and Yeast (MYR648k).

Growth In November 2024, the decrease in Malaysia's year-by-year exports to Portugal was explained primarily by an decrease in product exports in Electrical Control Boards (MYR-3.16M or -33.3%), Rubber Apparel (MYR-2.93M or -83.2%), and Audio and Video Recording Accessories (MYR-1.82M or -95.5%). In November 2024, the decrease in Malaysia's year-by-year imports  from Portugal was explained primarily by an decrease in product imports  in Recovered Paper (MYR-651k or -89.1%), Low-voltage Protection Equipment (MYR-610k or -74.6%), and Packaged Medicaments (MYR-570k or -67.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR-12.4M(-30.3%)
IMPORT GROWTH (November 2023 - November 2024)MYR-5.41M(-28.5%)

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 Portugal and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Portugal and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $128M to Portugal. The main products exported from Malaysia to Portugal were Rubber ($19.5M), Electrical Control Boards ($16.4M), and Integrated Circuits ($9.34M). During the last 5 years the exports of Malaysia to Portugal have increased at an annualized rate of 3.03%, from $111M in 2018 to $128M in 2023.

In 2018, Portugal exported $58M to Malaysia. The main products exported from Portugal to Malaysia were Integrated Circuits ($19.7M), Scrap Aluminium ($4.2M), and Other Measuring Instruments ($3.74M). During the last 5 years the exports of Portugal to Malaysia have decreased at an annualized rate of 0.9%, from $60.7M in 2023 to $58M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Portugal
Top DestinationSpain$17.7B

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

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

In 2023, countries that imported more from Portugal than Malaysia included Spain ($17.7B), France ($9.19B), and Italy ($3.83B).

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

Comparative Advantage Malaysia - Portugal

Flow
Scale

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

During 2023, Malaysia had a large net trade with Portugal in the exports of Machines ($62.8M), Plastics and Rubbers ($27.2M), and Metals ($12.9M).

During 2018, Portugal had a large net trade with Malaysia in the exports of Machines ($28.4M), Metals ($7.54M), and Textiles ($4.89M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Portugal+$27.4MRefined Petroleum
Top Product Potential Portugal Malaysia+$11.7MIntegrated 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 Portugal. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Portugal. Similarly, a dot/product with the flag of Portugal indicates it has a comparative advantage over Malaysia.

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

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