Ukraine (UKR) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Ukraine-Malaysia Trade: In 2023, Ukraine exported $156M to Malaysia. The main products that Ukraine exported to Malaysia were Seed Oils ($60.5M), Refined Petroleum ($26.7M), and Rapeseed Oil ($26.3M). Over the past 5 years the exports of Ukraine to Malaysia have increased at an annualized rate of 0.19%, from $155M in 2018 to $156M in 2023.

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

Malaysia-Ukraine Trade: In 2023, Malaysia exported $285M to Ukraine. The main products that Malaysia exported to Ukraine were Broadcasting Equipment ($80.1M), Palm Oil ($45.6M), and Integrated Circuits ($18.1M). Over the past 5 years the exports of Malaysia to Ukraine have increased at an annualized rate of 1.69%, from $233M in 2018 to $285M in 2023.

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

Comparison: In 2023, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B). 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, Ukraine exported $156M to Malaysia. The main products exported from Ukraine to Malaysia were Seed Oils ($60.5M), Refined Petroleum ($26.7M), and Rapeseed Oil ($26.3M). During the last 5 years the exports of Ukraine to Malaysia have increased at an annualized rate of 0.19%, from $155M in 2018 to $156M in 2023.

In 2018, Malaysia exported $285M to Ukraine. The main products exported from Malaysia to Ukraine were Broadcasting Equipment ($80.1M), Palm Oil ($45.6M), and Integrated Circuits ($18.1M). During the last 5 years the exports of Malaysia to Ukraine have increased at an annualized rate of 1.69%, from $233M in 2023 to $285M in 2018.

Exports from Ukraine () to Malaysia () (2023)

Exports from Malaysia () to Ukraine () (2023)

Latest Data

Trade between Ukraine () and Malaysia ()

Ukraine Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$4.83B

Malaysia
Top DestinationChina$79.8B

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

In 2023, countries that imported more from Ukraine than Malaysia included Poland ($4.83B), Romania ($3.56B), and Moldova ($1.13B).

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

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

Comparative Advantage Ukraine - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Ukraine had a large net trade with Malaysia in the exports of Animal and Vegetable Bi-Products ($88.9M), Vegetable Products ($26.9M), and Mineral Products ($26.8M).

During 2018, Malaysia had a large net trade with Ukraine in the exports of Machines ($138M), Animal and Vegetable Bi-Products ($62.7M), and Metals ($22.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Ukraine Malaysia+$3.16MWheat

Top Product Potential Malaysia Ukraine+$6.53MPalm 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 Ukraine and Malaysia. This means that a dot/product with the flag of Ukraine indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over Ukraine.

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Historical Data

Bilateral Trade by Products

Exports from Ukraine () to Malaysia () (2023)

Exports from Malaysia () to Ukraine () (2023)

Latest Data

Trade between Ukraine () and Malaysia ()

Ukraine Exports

Malaysia Exports

Market Competitiveness

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

Comparative Advantage Ukraine - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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