2023
Flag  
GDP
$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH
23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
GDP PC 
$11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH
6.21%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC
$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH
1.72%CURRENT US$
Rnk 151 / 195

About

Malaysia-Palestine Trade: In 2023, Malaysia exported $2.95M to Palestine. The main products that Malaysia exported to Palestine were Other Vegetable Oils ($960k), Margarine ($731k), and Palm Oil ($526k). Over the past 5 years the exports of Malaysia to Palestine have decreased at an annualized rate of 15.5%, from $6.84M in 2018 to $2.95M in 2023.

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

Palestine-Malaysia Trade: In 2023, Palestine exported $1.62M to Malaysia. The main products that Palestine exported to Malaysia were Tropical Fruits ($1.36M), Copper Foil ($224k), and Poultry Meat ($21.9k). Over the past 5 years the exports of Palestine to Malaysia have increased at an annualized rate of 3.8%,  from $1.34M in 2018 to $1.62M in 2023.

In 2023, Palestine 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, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $2.95M to Palestine. The main products exported from Malaysia to Palestine were Other Vegetable Oils ($960k), Margarine ($731k), and Palm Oil ($526k). During the last 5 years the exports of Malaysia to Palestine have decreased at an annualized rate of 15.5%, from $6.84M in 2018 to $2.95M in 2023.

In 2018, Palestine exported $1.62M to Malaysia. The main products exported from Palestine to Malaysia were Tropical Fruits ($1.36M), Copper Foil ($224k), and Poultry Meat ($21.9k). During the last 5 years the exports of Palestine to Malaysia have increased at an annualized rate of 3.8%, from $1.34M in 2023 to $1.62M in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
China$79.8B
Palestine
Top Destination
Jordan$96.6M

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

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

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

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

Comparative Advantage Malaysia - Palestine

Flow
Scale

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

During 2023, Malaysia had a large net trade with Palestine in the exports of Animal and Vegetable Bi-Products ($2.28M), Chemical Products ($173k), and Foodstuffs ($140k).

During 2018, Palestine had a large net trade with Malaysia in the exports of Vegetable Products ($1.36M), Metals ($224k), and Animal Products ($21.9k).

Economic Complexity

Competitive Landscape

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

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

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