How does Brazil rank as a Malaysian trading partner in Latin America?

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Brazil ranks as Malaysia's second-largest trading partner within the Latin American region.

In 2023, the total trade value between Malaysia and Brazil reached RM17.46 billion. This figure indicates a growth of four per cent compared to the RM16.86 billion recorded in the preceding year.
Bilateral Trade Value in 2023

The total trade volume between Malaysia and Brazil in 2023 amounted to RM17.46 billion. This economic exchange signifies a significant level of commercial activity between the two nations.
Year-on-Year Trade Growth

The trade value experienced a four per cent increase from 2022 to 2023. In 2022, the total trade was valued at RM16.86 billion, highlighting a positive trend in bilateral commerce.
Brazil's Position in Latin America

Brazil holds the position of Malaysia's second-largest trading partner specifically within the Latin American geographical area. This ranking underscores the economic importance of Brazil to Malaysia's trade relations in that continent.

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How does Brazil rank as a Malaysian trading partner in Latin America?

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