Malaysia's merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) was 4.7% in 2023, the latest year in the World Bank's World Development Indicators. That is down 0.62 percentage points from 5.32% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 4.7% | 2023 |
| Five years earlier | 5.42% | 2018 |
| Ten years earlier | 5.32% | 2013 |
| Highest | 6.29% | 2011 |
| Lowest | 0.76% | 1969 |
| Average since 2014 | 5.35% | 2014–2023 |
| First recorded | 1.64% | 1967 |
What the numbers say
In 2023, Malaysia's merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) fell 0.82 percentage points on 2022 (from 5.52% to 4.7%).
Across the 30 yearly changes before that (1993 to 2022), the average change was +0.1 percentage points and a typical year strayed about 0.56 percentage points from that (the standard deviation). This year's change was 1.6 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 2.29 percentage points in 1977 and the biggest yearly fall was 1.59 percentage points in 1989. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is downward, about 0.08 percentage points a year. A straight line explains 31% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Malaysia had the 49th highest value of the 197 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Malaysia | 4.7% | 2023 |
| World | 3.43% | 2023 |
| East Asia & Pacific | 4.45% | 2023 |
| Upper middle income | 4.43% | 2023 |
Closest to Malaysia in the 2023 ranking
- China — 46th of 197: 4.89%
- Madagascar — 47th of 197: 4.73%
- Gabon — 48th of 197: 4.72%
- Argentina — 50th of 197: 4.65%
- Burundi — 51st of 197: 4.55%
- Bangladesh — 52nd of 197: 4.54%
What this measures
Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 57 values
| Year | Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) |
|---|---|
| 2023 | 4.7 |
| 2022 | 5.52 |
| 2021 | 5.26 |
| 2020 | 4.5 |
| 2019 | 5.73 |
| 2018 | 5.42 |
| 2017 | 5.41 |
| 2016 | 5.88 |
| 2015 | 5.45 |
| 2014 | 5.6 |
Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in nearby economies
- American Samoa — 0.83% (2023)
- Australia — 5.18% (2023)
- Brunei Darussalam — 1.62% (2023)
- Cambodia — 1.33% (2023)
- China — 4.89% (2023)
- Fiji — 0.11% (2023)
- French Polynesia — 0.05% (2022)
More private sector & trade data for Malaysia
- Merchandise trade (% of GDP) — 151.73% (2025)
- Merchandise imports (current US$) — US$340.44 billion (2025)
- Merchandise exports (current US$) — US$376.04 billion (2025)
- Agricultural raw materials imports (% of merchandise imports) — 1.29% (2025)
- Food imports (% of merchandise imports) — 8.26% (2025)
- Fuel imports (% of merchandise imports) — 12.02% (2025)
- Manufactures imports (% of merchandise imports) — 71.96% (2025)
- Ores and metals imports (% of merchandise imports) — 4.59% (2025)
- Agricultural raw materials exports (% of merchandise exports) — 1.09% (2025)
Reading data like this
Questions people ask
- What is Malaysia's merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?
- 4.7% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1967?
- It is up 3.06 percentage points from 1.64% in 1967. The highest value was 6.29% in 2011 and the lowest 0.76% in 1969.
- How does Malaysia rank?
- 49th highest of 197 economies with data for 2023.
- Is the latest change in merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) unusual for Malaysia?
Source
World Bank, World Development Indicators, indicator TX.VAL.MRCH.R5.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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