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2022
Flag → Flag
Exports $6.47BRnk 9 / 218
2022
Flag → Flag
Top Product $5.61BIntegrated Circuits
2022
Flag → Flag
Exports $10.6BRnk 8 / 210
2022
Flag → Flag
Top Product $9.46BIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag  
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 PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Malaysia-Chinese Taipei Trade: In 2022, Malaysia exported $6.47B to Chinese Taipei. The main products that Malaysia exported to Chinese Taipei were Integrated Circuits ($5.61B), Refined Petroleum ($859M), and Oscilloscopes ($810M). Over the past 5 years the exports of Malaysia to Chinese Taipei have increased at an annualized rate of 23.1%, from $2.29B in 2017 to $6.47B in 2022.

In 2022, Malaysia did not export any services to Chinese Taipei.

Chinese Taipei-Malaysia Trade: In 2022, Chinese Taipei exported $10.6B to Malaysia. The main products that Chinese Taipei exported to Malaysia were Integrated Circuits ($9.46B), Refined Petroleum ($1.77B), and Printed Circuit Boards ($649M). Over the past 5 years the exports of Chinese Taipei to Malaysia have increased at an annualized rate of 22.5%,  from $3.84B in 2017 to $10.6B in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Latest Trends

March, 2024

About

Overview In March 2024, Malaysia exported MYR5.3B and imported MYR12.8B from Chinese Taipei, resulting in a negative trade balance of MYR7.48B. Between March 2023 and March 2024 the exports of Malaysia have increased by MYR1.07B (25.3%) from MYR4.23B to MYR5.3B, while imports increased by MYR5.54B (76.6%) from MYR7.23B to MYR12.8B.

Trade In March 2024, the top exports of Malaysia to Chinese Taipei were Integrated Circuits (MYR1.17B), Petroleum Gas (MYR449M), Oscilloscopes (MYR258M), Refined Petroleum (MYR94.1M), and Semiconductor Devices (MYR86.7M). In March 2024 the top imports of Malaysia from Chinese Taipei were Integrated Circuits (MYR3.43B), Hot-Rolled Iron (MYR155M), Printed Circuit Boards (MYR139M), Refined Petroleum (MYR104M), and Synthetic Rubber (MYR97.6M).

Growth In March 2024, the increase in Malaysia's year-by-year exports to Chinese Taipei was explained primarily by an increase in product exports in Integrated Circuits (MYR376M or 47.3%), Petroleum Gas (MYR150M or 50.3%), and Oscilloscopes (MYR84.5M or 48.6%). In March 2024, the increase in Malaysia's year-by-year imports  from Chinese Taipei was explained primarily by an increase in product imports  in Integrated Circuits (MYR707M or 26%), Cyclic Hydrocarbons (MYR53.3M or 896%), and Printed Circuit Boards (MYR32.4M or 30.4%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (March 2023 - March 2024)MYR1.07B(25.3%)
IMPORT GROWTH (March 2023 - March 2024)MYR5.54B(76.6%)

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 Chinese Taipei 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 $6.47B to Chinese Taipei. The main products exported from Malaysia to Chinese Taipei were Integrated Circuits ($5.61B), Refined Petroleum ($859M), and Oscilloscopes ($810M). During the last 5 years the exports of Malaysia to Chinese Taipei have increased at an annualized rate of 23.1%, from $2.29B in 2017 to $6.47B in 2022.

In 2017, Chinese Taipei exported $10.6B to Malaysia. The main products exported from Chinese Taipei to Malaysia were Integrated Circuits ($9.46B), Refined Petroleum ($1.77B), and Printed Circuit Boards ($649M). During the last 22 years the exports of Chinese Taipei to Malaysia have increased at an annualized rate of 22.5%, from $3.84B in 1995 to $10.6B in 2017.

Exports from Malaysia (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Malaysia than Chinese Taipei included Singapore ($53.8B), Indonesia ($12.5B), and India ($13.1B).

In 2022, countries that imported more from Chinese Taipei than Malaysia included China ($121B), Hong Kong ($65.8B), and United States ($82.6B).

Difference in imports from Chinese Taipei (Flag) and Malaysia (Flag) (2022)

Comparative Advantage Malaysia - Chinese Taipei

Flow
Scale

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

During 2022, Malaysia had a large net trade with Chinese Taipei in the exports of Machines ($7.54B), Instruments ($1.67B), and Mineral Products ($1.43B).

During 2017, Chinese Taipei had a large net trade with Malaysia in the exports of Machines ($12.5B), Mineral Products ($1.81B), and Metals ($1.25B).

Economic Complexity

Competitive Landscape

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

Product Space of Malaysia (Flag) and Chinese Taipei (Flag) (2022)

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