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Pricing

2022
Flag → Flag
Exports $54MRnk 115 / 218
2022
Flag → Flag
Top Product $46.8MPalm Oil
2022
Flag → Flag
Exports $15.4MRnk 18 / 142
2022
Flag → Flag
Top Product $14.8MTin Ores
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 186
2022
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GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

Malaysia-Rwanda Trade: In 2022, Malaysia exported $54M to Rwanda. The main products that Malaysia exported to Rwanda were Palm Oil ($46.8M), Acrylic Polymers ($1.96M), and Refined Petroleum ($723k). Over the past 5 years the exports of Malaysia to Rwanda have increased at an annualized rate of 8.25%, from $36.3M in 2017 to $54M in 2022.

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

Rwanda-Malaysia Trade: In 2022, Rwanda exported $15.4M to Malaysia. The main products that Rwanda exported to Malaysia were Tin Ores ($14.8M), Tungsten Ore ($267k), and Integrated Circuits ($117k). Over the past 5 years the exports of Rwanda to Malaysia have increased at an annualized rate of 0.89%,  from $13.6M in 2017 to $15.4M in 2022.

In 2022, Rwanda 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, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Latest Trends

August, 2024

About

Overview In August 2024, Malaysia exported MYR388k and imported MYR15.4M from Rwanda, resulting in a negative trade balance of MYR15M. Between August 2023 and August 2024 the exports of Malaysia have decreased by MYR-168k (-30.2%) from MYR556k to MYR388k, while imports increased by MYR11.5M (291%) from MYR3.94M to MYR15.4M.

Trade In August 2024, the top exports of Malaysia to Rwanda were Acyclic Alcohols (MYR110k), Scented Mixtures (MYR46k), Other Plastic Products (MYR1.87k), Telephones (MYR800), and Precious Metal Watches (MYR658). In August 2024 the top imports of Malaysia from Rwanda were Tin Ores (MYR1.77M), Coffee (MYR4.71k), and Trunks and Cases (MYR3.6k).

Growth In August 2024, the decrease in Malaysia's year-by-year exports to Rwanda was explained primarily by an decrease in product exports in . In August 2024, the increase in Malaysia's year-by-year imports  from Rwanda was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)MYR-168k(-30.2%)
IMPORT GROWTH (August 2023 - August 2024)MYR11.5M(291%)

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 Rwanda and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Rwanda and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $54M to Rwanda. The main products exported from Malaysia to Rwanda were Palm Oil ($46.8M), Acrylic Polymers ($1.96M), and Refined Petroleum ($723k). During the last 5 years the exports of Malaysia to Rwanda have increased at an annualized rate of 8.25%, from $36.3M in 2017 to $54M in 2022.

In 2017, Rwanda exported $15.4M to Malaysia. The main products exported from Rwanda to Malaysia were Tin Ores ($14.8M), Tungsten Ore ($267k), and Integrated Circuits ($117k). During the last 5 years the exports of Rwanda to Malaysia have increased at an annualized rate of 0.89%, from $13.6M in 2022 to $15.4M in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Rwanda
Top DestinationUnited Arab Emirates$568M

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

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

In 2022, countries that imported more from Rwanda than Malaysia included Democratic Republic of the Congo ($450M), South Sudan ($22M), and Uganda ($22.8M).

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

Comparative Advantage Malaysia - Rwanda

Flow
Scale

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

During 2022, Malaysia had a large net trade with Rwanda in the exports of Animal and Vegetable Bi-Products ($47.7M), Plastics and Rubbers ($2.89M), and Machines ($825k).

During 2017, Rwanda had a large net trade with Malaysia in the exports of Mineral Products ($15M), Machines ($126k), and Vegetable Products ($102k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Rwanda+$261kRubber Apparel
Top Product Potential Rwanda Malaysia+$284kIntegrated 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 Rwanda. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Rwanda. Similarly, a dot/product with the flag of Rwanda indicates it has a comparative advantage over Malaysia.

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

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