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Pricing

2022
Flag → Flag
Exports $50MRnk 117 / 218
2022
Flag → Flag
Top Product $12.5MPalm Oil
2022
Flag → Flag
Exports $739kRnk 80 / 149
2022
Flag → Flag
Top Product $521kNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
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 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
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GDP GROWTH2.87%CURRENT US$
Rnk 161 / 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$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Malaysia-Trinidad and Tobago Trade: In 2022, Malaysia exported $50M to Trinidad and Tobago. The main products that Malaysia exported to Trinidad and Tobago were Palm Oil ($12.5M), Margarine ($4.79M), and Malt Extract ($3.62M). Over the past 5 years the exports of Malaysia to Trinidad and Tobago have increased at an annualized rate of 4.96%, from $39.2M in 2017 to $50M in 2022.

In 2022, Malaysia did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Malaysia Trade: In 2022, Trinidad and Tobago exported $739k to Malaysia. The main products that Trinidad and Tobago exported to Malaysia were Non-fillet Frozen Fish ($521k), Sawn Wood ($63.2k), and Rough Wood ($47.8k). Over the past 5 years the exports of Trinidad and Tobago to Malaysia have decreased at an annualized rate of 4.85%,  from $947k in 2017 to $739k in 2022.

In 2022, Trinidad and Tobago 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, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Malaysia exported MYR22.2M and imported MYR858k from Trinidad and Tobago, resulting in a positive trade balance of MYR21.4M. Between August 2023 and August 2024 the exports of Malaysia have increased by MYR6.6M (42.2%) from MYR15.6M to MYR22.2M, while imports decreased by MYR-827k (-49.1%) from MYR1.68M to MYR858k.

Trade In August 2024, the top exports of Malaysia to Trinidad and Tobago were Palm Oil (MYR4.15M), Margarine (MYR1.41M), Other Vegetable Oils (MYR638k), Excavation Machinery (MYR621k), and Malt Extract (MYR404k). In August 2024 the top imports of Malaysia from Trinidad and Tobago were Non-fillet Frozen Fish (MYR554k).

Growth In August 2024, the increase in Malaysia's year-by-year exports to Trinidad and Tobago was explained primarily by an increase in product exports in Palm Oil (MYR980k or 30.9%) and Other Vegetable Oils (MYR140k or 28.1%). In August 2024, the decrease in Malaysia's year-by-year imports  from Trinidad and Tobago was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)MYR6.6M(42.2%)
IMPORT GROWTH (August 2023 - August 2024)MYR-827k(-49.1%)

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 Trinidad and Tobago and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Trinidad and Tobago and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $50M to Trinidad and Tobago. The main products exported from Malaysia to Trinidad and Tobago were Palm Oil ($12.5M), Margarine ($4.79M), and Malt Extract ($3.62M). During the last 5 years the exports of Malaysia to Trinidad and Tobago have increased at an annualized rate of 4.96%, from $39.2M in 2017 to $50M in 2022.

In 2017, Trinidad and Tobago exported $739k to Malaysia. The main products exported from Trinidad and Tobago to Malaysia were Non-fillet Frozen Fish ($521k), Sawn Wood ($63.2k), and Rough Wood ($47.8k). During the last 5 years the exports of Trinidad and Tobago to Malaysia have decreased at an annualized rate of 4.85%, from $947k in 2022 to $739k in 2017.

Exports from Malaysia (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

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

In 2022, countries that imported more from Trinidad and Tobago than Malaysia included Morocco ($740M), Jamaica ($430M), and Guyana ($257M).

Difference in imports from Trinidad and Tobago (Flag) and Malaysia (Flag) (2022)

Comparative Advantage Malaysia - Trinidad and Tobago

Flow
Scale

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

During 2022, Malaysia had a large net trade with Trinidad and Tobago in the exports of Animal and Vegetable Bi-Products ($24.6M), Machines ($5.65M), and Foodstuffs ($4.97M).

During 2017, Trinidad and Tobago had a large net trade with Malaysia in the exports of Animal Products ($521k), Wood Products ($111k), and Metals ($83.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Trinidad and Tobago+$519kOther Furniture
Top Product Potential Trinidad and Tobago Malaysia+$30.2kScrap Iron

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

Product Space of Malaysia (Flag) and Trinidad and Tobago (Flag) (2022)

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