SUMMARY:
Only 2 COOs produced the Horde Trooper. Malaysia, which was distributed both in the United States and for the international market, and Spain by Congost, only distributed in Spain.
Both share the same gray on the body, similar if not the same black highlights, and similar gold waist emblem. They differ primarily in the COO markings (Spain vs Malaysia in the lower back), and in the interior red mechanism piece. The Spain red piece is brighter and glossier. The weapon is rigid and light red, as opposed to the more flexible and dark red Malaysia weapon. Both COOs say MALAYSIA on the weapon. The Spain has a curiosity, in that while it says SPAIN in the lower back, it says MALAYSIA behind the head and in the front/back chest piece.
MARKED:
© Mattel. Inc. 1985 SPAIN (In the back).
© Mattel. Inc. 1985 MALAYSIA (Behind the head and on the interior of both front/back chest pieces)
WEAPON MARKED: MALAYSIA (hard plastic)