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2023
Flag → Flag
Exports $26.7MRnk 136 / 221
2023
Flag → Flag
Top Product $12.5MStearic Acid
2023
Flag → Flag
Exports $2.74MRnk 56 / 143
2023
Flag → Flag
Top Product $2.16MOther Fruits
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.98Rnk 110 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$35.2BCURRENT US$
Rnk 103 / 195
2013-2023
Flag
GDP GROWTH84.5%CURRENT US$
Rnk 27 / 195
2023
Flag
GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC$2,156CURRENT US$
Rnk 154 / 196
2013-2023
Flag
GDP PC GROWTH58.3%CURRENT US$
Rnk 33 / 195

About

Malaysia-Zimbabwe Trade: In 2023, Malaysia exported $26.7M to Zimbabwe. The main products that Malaysia exported to Zimbabwe were Stearic Acid ($12.5M), Palm Oil ($8.89M), and Rubber Apparel ($2.25M). Over the past 5 years the exports of Malaysia to Zimbabwe have increased at an annualized rate of 10.6%, from $16.2M in 2018 to $26.7M in 2023.

In 2023, Malaysia did not export any services to Zimbabwe.

Zimbabwe-Malaysia Trade: In 2023, Zimbabwe exported $2.74M to Malaysia. The main products that Zimbabwe exported to Malaysia were Other Fruits ($2.16M), Tungsten Ore ($287k), and Tea ($251k). Over the past 5 years the exports of Zimbabwe to Malaysia have increased at an annualized rate of 23.6%,  from $771k in 2018 to $2.74M in 2023.

In 2023, Zimbabwe did not export any services to Malaysia.

Comparison: In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B). That same year, Zimbabwe ranked 110 in the Economic Complexity Index (ECI -0.98), and 106 in total exports ($9.05B).

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR1.94M and imported MYR538k from Zimbabwe, resulting in a positive trade balance of MYR1.4M. Between November 2023 and November 2024 the exports of Malaysia have increased by MYR289k (17.5%) from MYR1.65M to MYR1.94M, while imports increased by MYR126k (30.7%) from MYR411k to MYR538k.

Trade In November 2024, the top exports of Malaysia to Zimbabwe were Special Pharmaceuticals (MYR156k), Electric Batteries (MYR58.1k), Aircraft parts for spacecraft, UAVs, and... (MYR28.6k), Telephones (MYR2.16k), and Other Edible Preparations (MYR500). In November 2024 the top imports of Malaysia from Zimbabwe were Tea (MYR108k) and Other toys (MYR9.25k).

Growth In November 2024, the increase in Malaysia's year-by-year exports to Zimbabwe was explained primarily by an increase in product exports in Electric Batteries (MYR7.85k or 15.6%). In November 2024, the increase in Malaysia's year-by-year imports  from Zimbabwe was explained primarily by an increase in product imports  in Tea (MYR5.65k or 5.53%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR289k(17.5%)
IMPORT GROWTH (November 2023 - November 2024)MYR126k(30.7%)

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 Zimbabwe and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Zimbabwe and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $26.7M to Zimbabwe. The main products exported from Malaysia to Zimbabwe were Stearic Acid ($12.5M), Palm Oil ($8.89M), and Rubber Apparel ($2.25M). During the last 5 years the exports of Malaysia to Zimbabwe have increased at an annualized rate of 10.6%, from $16.2M in 2018 to $26.7M in 2023.

In 2018, Zimbabwe exported $2.74M to Malaysia. The main products exported from Zimbabwe to Malaysia were Other Fruits ($2.16M), Tungsten Ore ($287k), and Tea ($251k). During the last 5 years the exports of Zimbabwe to Malaysia have increased at an annualized rate of 23.6%, from $771k in 2023 to $2.74M in 2018.

Exports from Malaysia (Flag) to Zimbabwe (Flag) (2023)

Exports from Zimbabwe (Flag) to Malaysia (Flag) (2023)

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Zimbabwe
Top DestinationUnited Arab Emirates$4.1B

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

In 2023, countries that imported more from Malaysia than Zimbabwe included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

In 2023, countries that imported more from Zimbabwe than Malaysia included United Arab Emirates ($4.1B), South Africa ($1.39B), and Zambia ($140M).

Difference in imports from Zimbabwe (Flag) and Malaysia (Flag) (2023)

Comparative Advantage Malaysia - Zimbabwe

Flow
Scale

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

During 2023, Malaysia had a large net trade with Zimbabwe in the exports of Animal and Vegetable Bi-Products ($21.4M), Plastics and Rubbers ($2.58M), and Chemical Products ($1.2M).

During 2018, Zimbabwe had a large net trade with Malaysia in the exports of Vegetable Products ($2.42M), Mineral Products ($304k), and Textiles ($10.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Zimbabwe+$411kRubber Apparel
Top Product Potential Zimbabwe Malaysia+$297kOther Fruits

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

Product Space of Malaysia (Flag) and Zimbabwe (Flag) (2023)

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