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2022
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Exports $611MRnk 44 / 218
2022
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Top Product $94MStearic Acid
2022
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Exports $434MRnk 46 / 217
2022
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Top Product $39.1MPackaged Medicaments
2022
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Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
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 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
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GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Malaysia-Sweden In 2022, Malaysia exported $611M to Sweden. The main products that Malaysia exported to Sweden are Stearic Acid ($94M), Palm Oil ($59M), and Rubber Apparel ($52.3M). During the last 27 years the exports of Malaysia to Sweden have increased at an annualized rate of 4.69%, from $177M in 1995 to $611M in 2022.

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

Sweden-Malaysia In 2022, Sweden exported $434M to Malaysia. The main products that Sweden exported to Malaysia were Packaged Medicaments ($39.1M), Ball Bearings ($29.2M), and Kraft Paper ($23.1M). During the last 27 years the exports of Sweden to Malaysia have decreased at an annualized rate of 1.29%, from $615M in 1995 to $434M in 2022.

In 2020, Sweden exported services to Malaysia worth $75.4M, with Computer and information services ($25.2M), Personal, cultural, and recreational services ($17M), and Other business services ($11.2M) being the largest in terms of value.

Comparison In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Latest Trends

September, 2020

About

Overview In September 2020, Malaysia exported MYR146M and imported MYR113M from Sweden, resulting in a positive trade balance of MYR33.4M. Between September 2019 and September 2020 the exports of Malaysia have increased by MYR58.6M (66.9%) from MYR87.6M to MYR146M, while imports decreased by MYR-60M (-34.7%) from MYR173M to MYR113M.

Trade In September 2020, the top exports of Malaysia to Sweden were Industrial Fatty Acids, Oils and Alcohols (MYR20.7M), Rubber Apparel (MYR15.1M), Telephones (MYR11.9M), Office Machine Parts (MYR10.4M), and Palm Oil (MYR5.31M). In September 2020 the top imports of Malaysia from Sweden were Motor vehicles; parts and accessories (8701... (MYR26.5M), Motor vehicle (8701 to 8705) chassis... (MYR11.4M), Telephones (MYR9.58M), Glass Working Machines (MYR8.98M), and Buses (MYR7.99M).

Growth In September 2020, the increase in Malaysia's year-by-year exports to Sweden was explained primarily by an increase in product exports in Telephones (MYR3.57M or 42.6%), Office Machine Parts (MYR2.21M or 27.1%), and Iron Fasteners (MYR1.84M or 68.3%). In September 2020, the decrease in Malaysia's year-by-year imports  from Sweden was explained primarily by an decrease in product imports  in Telephones (MYR-12.1M or -55.9%), Cars (MYR-5.23M or -99.5%), and Combustion Engines (MYR-3.25M or -72.5%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (September 2019 - September 2020)MYR58.6M(66.9%)
IMPORT GROWTH (September 2019 - September 2020)MYR-60M(-34.7%)

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 Sweden and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $611M to Sweden. The main products exported from Malaysia to Sweden were Stearic Acid ($94M), Palm Oil ($59M), and Rubber Apparel ($52.3M). During the last 27 years the exports of Malaysia to Sweden have increased at an annualized rate of 4.69%, from $177M in 1995 to $611M in 2022.

In 2022, Sweden exported $434M to Malaysia. The main products exported from Sweden to Malaysia were Packaged Medicaments ($39.1M), Ball Bearings ($29.2M), and Kraft Paper ($23.1M). During the last 27 years the exports of Sweden to Malaysia have decreased at an annualized rate of 1.29%, from $615M in 1995 to $434M in 2022.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Sweden
Top DestinationGermany$19.2B

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

In 2021, countries that imported more from Malaysia than Sweden were Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

In 2021, countries that imported more from Sweden than Malaysia were Norway ($18.7B), Denmark ($14.6B), and Finland ($13.4B).

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

Comparative Advantage Malaysia - Sweden

Flow
Scale

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

During 2022, Malaysia had a large net trade with Sweden in the exports of Animal and Vegetable Bi-Products ($218M), Machines ($166M), and Plastics and Rubbers ($68.9M).

During 2022, Sweden had a large net trade with Malaysia in the exports of Machines ($174M), Chemical Products ($64.3M), and Metals ($44.3M).

Service Trade

Bilateral Service Trade

In 2020, Sweden exported services to Malaysia worth $75.4M, with Computer and information services ($25.2M), Personal, cultural, and recreational services ($17M), and Other business services ($11.2M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Sweden (Flag) to Malaysia (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Malaysia has comparative advantage over Sweden. Similarly, the more yellow a dot/product is, the more Sweden has comparative advantage over Malaysia.

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

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