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2023
Flag → Flag
Exports $65.5BRnk 15 / 208
2023
Flag → Flag
Top Product $7.43BIntegrated Circuits
2023
Flag → Flag
Exports $79.8BRnk 1 / 221
2023
Flag → Flag
Top Product $19BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
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Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
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GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
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 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
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GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
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GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC$11,379CURRENT US$
Rnk 85 / 196
2013-2023
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GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

China-Malaysia Trade: In 2023, China exported $65.5B to Malaysia. The main products that China exported to Malaysia were Integrated Circuits ($7.43B), Refined Petroleum ($4.21B), and Broadcasting Equipment ($2.52B). Over the past 5 years the exports of China to Malaysia have increased at an annualized rate of 7.38%, from $45.9B in 2018 to $65.5B in 2023.

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

Malaysia-China Trade: In 2023, Malaysia exported $79.8B to China. The main products that Malaysia exported to China were Crude Petroleum ($19B), Integrated Circuits ($18.5B), and Refined Petroleum ($7.41B). Over the past 5 years the exports of Malaysia to China have increased at an annualized rate of 8.15%,  from $53.9B in 2018 to $79.8B in 2023.

In 2010, Malaysia exported services to China worth $1.57B, with Travel ($959M), Transportation ($479M), and Other business services ($94.3M) being the largest in terms of value.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Latest Trends

December, 2024

About

Overview In December 2024, China exported $10.7B and imported $10.5B from Malaysia, resulting in a positive trade balance of $260M. Between December 2023 and December 2024 the exports of China have increased by $1.74B (19.3%) from $8.99B to $10.7B, while imports increased by $1.12B (12%) from $9.35B to $10.5B.

Trade In December 2024, the top exports of China to Malaysia were Integrated Circuits ($743M), Commodities not elsewhere specified ($452M), Telephones ($212M), Other Furniture ($166M), and Light Fixtures ($148M). In December 2024 the top imports of China from Malaysia were Crude Petroleum ($2.16B), Integrated Circuits ($1.56B), Petroleum Gas ($478M), Refined Petroleum ($398M), and Asphalt Mixtures ($326M).

Origins In December 2024 the exports of China were mainly from Guangdong Province ($1.91B), Jiangsu Province ($1.3B), Shandong Province ($1.04B), Hubei Province ($852M), and Zhejiang Province ($780M), while imports destinations were mainly Shandong Province ($2.89B), Guangdong Province ($2.48B), Jiangsu Province ($1.15B), Shanghai Province ($904M), and Zhejiang Province ($521M).

Growth In December 2024, the increase in China's year-by-year exports to Malaysia was explained primarily by an increase in product exports in Commodities not elsewhere specified ($259M or 134%), Integrated Circuits ($107M or 16.8%), and Prefabricated Buildings ($52M or 547%). In December 2024, the increase in China's year-by-year imports  from Malaysia was explained primarily by an increase in product imports  in Crude Petroleum ($1.06B or 95.5%), Refined Petroleum ($242M or 156%), and Machines and apparatus of a kind... ($90.5M or 356%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$1.74B(19.3%)
IMPORT GROWTH (December 2023 - December 2024)$1.12B(12%)
MAIN EXPORTER (December 2024)Guangdong Province$1.91B

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Malaysia and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Malaysia and China Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $65.5B to Malaysia. The main products exported from China to Malaysia were Integrated Circuits ($7.43B), Refined Petroleum ($4.21B), and Broadcasting Equipment ($2.52B). During the last 5 years the exports of China to Malaysia have increased at an annualized rate of 7.38%, from $45.9B in 2018 to $65.5B in 2023.

In 2018, Malaysia exported $79.8B to China. The main products exported from Malaysia to China were Crude Petroleum ($19B), Integrated Circuits ($18.5B), and Refined Petroleum ($7.41B). During the last 5 years the exports of Malaysia to China have increased at an annualized rate of 8.15%, from $53.9B in 2023 to $79.8B in 2018.

Exports from China (Flag) to Malaysia (Flag) (2023)

Exports from Malaysia (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Malaysia
Top DestinationChina$79.8B

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

In 2023, countries that imported more from China than Malaysia included United States ($436B), Hong Kong ($259B), and Germany ($164B).

In 2023, countries that imported more from Malaysia than China included Brunei ($1.96B), Guam ($52.1M), and American Samoa ($19.9M).

Difference in imports from Malaysia (Flag) and China (Flag) (2023)

Comparative Advantage China - Malaysia

Flow
Scale

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

During 2023, China had a large net trade with Malaysia in the exports of Machines ($29.4B), Metals ($6.45B), and Chemical Products ($4.94B).

During 2018, Malaysia had a large net trade with China in the exports of Mineral Products ($32.1B), Machines ($30.1B), and Metals ($4.17B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Malaysia+$816MTelephones
Top Product Potential Malaysia China+$3.06BIntegrated Circuits

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

This visualization shows the product space at the HS4 level with the flags of China and Malaysia. This means that a dot/product with the flag of China indicates it has a comparative advantage over Malaysia. Similarly, a dot/product with the flag of Malaysia indicates it has a comparative advantage over China.

Product Space of China (Flag) and Malaysia (Flag) (2023)

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