China / Malaysia

Overview In February 2024, China exported $5.24B and imported $7.63B from Malaysia, resulting in a negative trade balance of $2.39B. Between February 2023 and February 2024 the exports of China have decreased by $-780M (-13%) from $6.02B to $5.24B, while imports increased by $303M (4.14%) from $7.33B to $7.63B.

Trade In February 2024, the top exports of China to Malaysia were Integrated Circuits ($637M), Refined Petroleum ($281M), Telephones ($228M), Commodities not elsewhere specified ($194M), and Other Furniture ($191M). In February 2024 the top imports of China from Malaysia were Integrated Circuits ($1.59B), Crude Petroleum ($1.11B), Petroleum Gas ($685M), Asphalt Mixtures ($379M), and Semiconductor Devices ($283M).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($1.19B), Jiangsu Province ($588M), Fujian Province ($565M), Shandong Province ($504M), and Zhejiang Province ($470M), while imports destinations were mainly Shandong Province ($2.62B), Guangdong Province ($1.5B), Shanghai Province ($808M), Jiangsu Province ($645M), and Zhejiang Province ($354M).

Growth In February 2024, the decrease in China's year-by-year exports to Malaysia was explained primarily by an decrease in product exports in Integrated Circuits ($-321M or -33.5%), Flat panel displays ($-47.4M or -66.3%), and Processed Crustaceans ($-39.1M or -36.1%). In February 2024, the increase in China's year-by-year imports  from Malaysia was explained primarily by an increase in product imports  in Crude Petroleum ($385M or 53.4%), Palm Oil ($37.4M or 44.2%), and Hydrogen ($34.1M or 52.3%).