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Pricing

2022
Flag → Flag
Exports $2.01BRnk 37 / 138
2022
Flag → Flag
Top Product $1.01BRefined Petroleum
2022
Flag → Flag
Exports $545MRnk 47 / 218
2022
Flag → Flag
Top Product $120MBall Bearings
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
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Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
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 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 $15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Russia-Malaysia Trade: In 2022, Russia exported $2.01B to Malaysia. The main products that Russia exported to Malaysia were Refined Petroleum ($1.01B), Coal Briquettes ($489M), and Crude Petroleum ($171M). Over the past 5 years the exports of Russia to Malaysia have increased at an annualized rate of 15.5%, from $976M in 2017 to $2.01B in 2022.

In 2020, Russia exported services to Malaysia worth $46.4M, with Other business services ($26.6M), Transportation ($4.3M), and Travel ($3.95M) being the largest in terms of value.

Malaysia-Russia Trade: In 2022, Malaysia exported $545M to Russia. The main products that Malaysia exported to Russia were Ball Bearings ($120M), Rubber Apparel ($63.9M), and Cocoa Butter ($30M). Over the past 5 years the exports of Malaysia to Russia have decreased at an annualized rate of 11.6%,  from $1.01B in 2017 to $545M in 2022.

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

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $97.2M and imported $142M from Malaysia, resulting in a negative trade balance of $44.6M. Between January 2021 and January 2022 the exports of Russia have increased by $22.2M (29.6%) from $75M to $97.2M, while imports increased by $29.5M (26.3%) from $112M to $142M.

Trade In January 2022, the top exports of Russia to Malaysia were Refined Petroleum ($43.9M), Coal Briquettes ($17.2M), Potassic Fertilizers ($2.77M), Seed Oils ($2.55M), and Iron Railway Products ($2.24M). In January 2022 the top imports of Russia from Malaysia were Rubber Apparel ($23.1M), Integrated Circuits ($19.3M), Telephones ($4.95M), Other Electrical Machinery ($4.28M), and Cocoa Butter ($4.25M).

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($61.2M), KEMEROVO REGION ($18.7M), SAMARA REGION ($2.9M), CHELYABINSK REGION ($2.52M), and KRASNODAR TERRITORY ($1.54M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($61.5M), MOSCOW REGION ($24.5M), ST. PETERSBURG ($16.8M), SAMARA REGION ($4.8M), and LENINGRAD REGION ($4.38M).

Growth In January 2022, the increase in Russia's year-by-year exports to Malaysia was explained primarily by an increase in product exports in Sulfate Chemical Woodpulp ($677k or 157%), Carbon ($279k or 611%), and Kraft Paper ($242k or 82.7%). In January 2022, the increase in Russia's year-by-year imports  from Malaysia was explained primarily by an increase in product imports  in Rubber Apparel ($15.4M or 202%), Integrated Circuits ($4.16M or 27.5%), and Soap ($2.31M or 253%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$22.2M(29.6%)
IMPORT GROWTH (January 2021 - January 2022)$29.5M(26.3%)
MAIN EXPORTER (January 2022)MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION$61.2M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Malaysia and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Malaysia and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $2.01B to Malaysia. The main products exported from Russia to Malaysia were Refined Petroleum ($1.01B), Coal Briquettes ($489M), and Crude Petroleum ($171M). During the last 5 years the exports of Russia to Malaysia have increased at an annualized rate of 15.5%, from $976M in 2017 to $2.01B in 2022.

In 2017, Malaysia exported $545M to Russia. The main products exported from Malaysia to Russia were Ball Bearings ($120M), Rubber Apparel ($63.9M), and Cocoa Butter ($30M). During the last 5 years the exports of Malaysia to Russia have decreased at an annualized rate of 11.6%, from $1.01B in 2022 to $545M in 2017.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Russia than Malaysia included China ($101B), India ($40.4B), and Italy ($25.1B).

In 2022, countries that imported more from Malaysia than Russia included Singapore ($53.8B), United States ($44.2B), and Hong Kong ($21.7B).

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

Comparative Advantage Russia - Malaysia

Flow
Scale

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

During 2022, Russia had a large net trade with Malaysia in the exports of Mineral Products ($1.68B), Chemical Products ($178M), and Metals ($79.7M).

During 2017, Malaysia had a large net trade with Russia in the exports of Machines ($213M), Plastics and Rubbers ($95M), and Chemical Products ($81.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Malaysia+$425MRefined Petroleum
Top Product Potential Malaysia Russia+$24.5MRefined Petroleum

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

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

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