China / Malaysia

Overview In October 2023, China exported $6.77B and imported $9.95B from Malaysia, resulting in a negative trade balance of $3.18B. Between October 2022 and October 2023 the exports of China have decreased by $-1.43B (-17.5%) from $8.21B to $6.77B, while imports increased by $1.52B (18%) from $8.43B to $9.95B.

Trade In October 2023, the top exports of China to Malaysia were Integrated Circuits ($958M), Telephones ($238M), Computers ($177M), Office Machine Parts ($173M), and Other Furniture ($135M). In October 2023 the top imports of China from Malaysia were Integrated Circuits ($2.49B), Petroleum Gas ($1.48B), Crude Petroleum ($721M), Asphalt Mixtures ($616M), and Semiconductor Devices ($406M).

Origins In October 2023 the exports of China were mainly from Guangdong Province ($1.59B), Zhejiang Province ($811M), Jiangsu Province ($791M), Shandong Province ($700M), and Sichuan Province ($427M), while imports destinations were mainly Shandong Province ($3.89B), Guangdong Province ($1.84B), Shanghai Province ($929M), Jiangsu Province ($746M), and Zhejiang Province ($489M).

Growth In October 2023, the decrease in China's year-by-year exports to Malaysia was explained primarily by an decrease in product exports in Refined Petroleum ($-142M or -64.2%), LCDs ($-83.7M or -88%), and Electrical Resistors ($-68.4M or -94.1%). In October 2023, the increase in China's year-by-year imports  from Malaysia was explained primarily by an increase in product imports  in Petroleum Gas ($1.16B or 363%), Asphalt Mixtures ($189M or 44.2%), and Computers ($124M or 67.6%).