NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $12.3BRnk 8 / 221
2023
Flag → Flag
Top Product $2.63BPalm Oil
2023
Flag → Flag
Exports $6.9BRnk 18 / 220
2023
Flag → Flag
Top Product $1.43BRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.65Rnk 39 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH73.1%CURRENT US$
Rnk 22 / 195

About

Malaysia-India Trade: In 2023, Malaysia exported $12.3B to India. The main products that Malaysia exported to India were Palm Oil ($2.63B), Crude Petroleum ($1.83B), and Semiconductor Devices ($726M). Over the past 5 years the exports of Malaysia to India have increased at an annualized rate of 3.04%, from $10.6B in 2018 to $12.3B in 2023.

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

India-Malaysia Trade: In 2023, India exported $6.9B to Malaysia. The main products that India exported to Malaysia were Refined Petroleum ($1.43B), Raw Aluminium ($965M), and Frozen Bovine Meat ($522M). Over the past 5 years the exports of India to Malaysia have increased at an annualized rate of 0.39%,  from $6.76B in 2018 to $6.9B in 2023.

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

Comparison: In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B). That same year, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR4.22B and imported MYR2.85B from India, resulting in a positive trade balance of MYR1.37B. Between November 2023 and November 2024 the exports of Malaysia have increased by MYR498M (13.4%) from MYR3.72B to MYR4.22B, while imports increased by MYR461M (19.3%) from MYR2.39B to MYR2.85B.

Trade In November 2024, the top exports of Malaysia to India were Palm Oil (MYR609M), Crude Petroleum (MYR239M), Semiconductor Devices (MYR160M), Computers (MYR149M), and Telephones (MYR112M). In November 2024 the top imports of Malaysia from India were Raw Aluminium (MYR646M), Raw Sugar (MYR176M), Frozen Bovine Meat (MYR174M), Cyclic Hydrocarbons (MYR140M), and Onions (MYR70.5M).

Growth In November 2024, the increase in Malaysia's year-by-year exports to India was explained primarily by an increase in product exports in Semiconductor Devices (MYR78.8M or 96.6%), Telephones (MYR42M or 59.6%), and Ethylene Polymers (MYR30.2M or 58.1%). In November 2024, the increase in Malaysia's year-by-year imports  from India was explained primarily by an increase in product imports  in Raw Aluminium (MYR550M or 569%), Cyclic Hydrocarbons (MYR52.6M or 60.5%), and Onions (MYR40.9M or 138%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR498M(13.4%)
IMPORT GROWTH (November 2023 - November 2024)MYR461M(19.3%)

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

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

For full datasets download visit Bulk Download page.

Explore India and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $12.3B to India. The main products exported from Malaysia to India were Palm Oil ($2.63B), Crude Petroleum ($1.83B), and Semiconductor Devices ($726M). During the last 5 years the exports of Malaysia to India have increased at an annualized rate of 3.04%, from $10.6B in 2018 to $12.3B in 2023.

In 2018, India exported $6.9B to Malaysia. The main products exported from India to Malaysia were Refined Petroleum ($1.43B), Raw Aluminium ($965M), and Frozen Bovine Meat ($522M). During the last 5 years the exports of India to Malaysia have increased at an annualized rate of 0.39%, from $6.76B in 2023 to $6.9B in 2018.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
India
Top DestinationUnited States$85.5B

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

In 2023, countries that imported more from Malaysia than India included China ($79.8B), Singapore ($47.3B), and Japan ($19.3B).

In 2023, countries that imported more from India than Malaysia included United States ($85.5B), United Arab Emirates ($28.8B), and United Kingdom ($14.4B).

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

Comparative Advantage Malaysia - India

Flow
Scale

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

During 2023, Malaysia had a large net trade with India in the exports of Machines ($3.06B), Animal and Vegetable Bi-Products ($2.95B), and Mineral Products ($2.19B).

During 2018, India had a large net trade with Malaysia in the exports of Mineral Products ($1.66B), Metals ($1.35B), and Machines ($716M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia India+$1.33BCrude Petroleum
Top Product Potential India Malaysia+$1.03BRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms