Nepal (NPL) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Nepal-Malaysia Trade: In 2023, Nepal exported $1.45M to Malaysia. The main products that Nepal exported to Malaysia were Wheat Flours ($514k), Aircraft parts (gliders, balloons, and powered aircraft) ($334k), and Processed Tobacco ($120k). Over the past 5 years the exports of Nepal to Malaysia have increased at an annualized rate of 3.31%, from $1.23M in 2018 to $1.45M in 2023.

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

Malaysia-Nepal Trade: In 2023, Malaysia exported $44M to Nepal. The main products that Malaysia exported to Nepal were Nitrogenous Fertilizers ($10.9M), Palm Oil ($5.62M), and Computers ($5.06M). Over the past 5 years the exports of Malaysia to Nepal have decreased at an annualized rate of 16.3%, from $107M in 2018 to $44M in 2023.

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

Comparison In 2023, Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index. That same year, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Nepal exported $1.45M to Malaysia. The main products exported from Nepal to Malaysia were Wheat Flours ($514k), Aircraft parts (gliders, balloons, and powered aircraft) ($334k), and Processed Tobacco ($120k). During the last 5 years the exports of Nepal to Malaysia have increased at an annualized rate of 3.31%, from $1.23M in 2018 to $1.45M in 2023.

In 2018, Malaysia exported $44M to Nepal. The main products exported from Malaysia to Nepal were Nitrogenous Fertilizers ($10.9M), Palm Oil ($5.62M), and Computers ($5.06M). During the last 5 years the exports of Malaysia to Nepal have decreased at an annualized rate of 16.3%, from $107M in 2023 to $44M in 2018.

Exports from Nepal () to Malaysia () (2023)

Exports from Malaysia () to Nepal () (2023)

Latest Data

Trade between Nepal () and Malaysia ()

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$811M

Malaysia
Top DestinationChina$79.8B

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

In 2023, no countries were registered that imported more from Nepal than from Malaysia.

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

Difference in imports from Malaysia () and Nepal () (2023)

Comparative Advantage Nepal - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Nepal had a large net trade with Malaysia in the exports of Vegetable Products ($567k), Transportation ($334k), and Foodstuffs ($223k).

During 2018, Malaysia had a large net trade with Nepal in the exports of Chemical Products ($11.7M), Animal and Vegetable Bi-Products ($8.22M), and Machines ($7.87M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Nepal Malaysia+$367kPasta

Top Product Potential Malaysia Nepal+$8.96MPalm Oil

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nepal () to Malaysia () (2023)

Exports from Malaysia () to Nepal () (2023)

Latest Data

Trade between Nepal () and Malaysia ()

Malaysia Exports

Market Competitiveness

Difference in imports from Malaysia () and Nepal () (2023)

Comparative Advantage Nepal - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nepal () and Malaysia () (2023)

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