2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 186
2022
Flag
GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186

About

Malaysia-Vietnam Trade: In 2022, Malaysia exported $6.78B to Vietnam. The main products that Malaysia exported to Vietnam were Integrated Circuits ($3.28B), Refined Petroleum ($1.3B), and Semiconductor Devices ($509M). Over the past 5 years the exports of Malaysia to Vietnam have increased at an annualized rate of 91.1%, from $266M in 2017 to $6.78B in 2022.

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

Vietnam-Malaysia Trade: In 2022, Vietnam exported $4.68B to Malaysia. The main products that Vietnam exported to Malaysia were Integrated Circuits ($768M), Broadcasting Equipment ($360M), and Hot-Rolled Iron ($355M). Over the past 5 years the exports of Vietnam to Malaysia have increased at an annualized rate of 109%,  from $117M in 2017 to $4.68B in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $6.78B to Vietnam. The main products exported from Malaysia to Vietnam were Integrated Circuits ($3.28B), Refined Petroleum ($1.3B), and Semiconductor Devices ($509M). During the last 5 years the exports of Malaysia to Vietnam have increased at an annualized rate of 91.1%, from $266M in 2017 to $6.78B in 2022.

In 2017, Vietnam exported $4.68B to Malaysia. The main products exported from Vietnam to Malaysia were Integrated Circuits ($768M), Broadcasting Equipment ($360M), and Hot-Rolled Iron ($355M). During the last 22 years the exports of Vietnam to Malaysia have increased at an annualized rate of 109%, from $117M in 1995 to $4.68B in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
Vietnam
Top Destination
United States$117B

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

In 2022, countries that imported more from Malaysia than Vietnam included Singapore ($53.8B), Hong Kong ($21.7B), and Indonesia ($12.5B).

In 2022, countries that imported more from Vietnam than Malaysia included United States ($117B), South Korea ($25.2B), and China ($58.7B).

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

Comparative Advantage Malaysia - Vietnam

Flow
Scale

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

During 2022, Malaysia had a large net trade with Vietnam in the exports of Machines ($5.37B), Mineral Products ($1.85B), and Chemical Products ($837M).

During 2017, Vietnam had a large net trade with Malaysia in the exports of Machines ($2.28B), Metals ($803M), and Chemical Products ($575M).

Economic Complexity

Competitive Landscape

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

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

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