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

2023
Flag → Flag
Exports $1.95BRnk 25 / 221
2023
Flag → Flag
Top Product $494MPalm Oil
2023
Flag → Flag
Exports $9.59BRnk 6 / 182
2023
Flag → Flag
Top Product $7.24BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 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$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Malaysia-Saudi Arabia Trade: In 2023, Malaysia exported $1.95B to Saudi Arabia. The main products that Malaysia exported to Saudi Arabia were Palm Oil ($494M), Refined Petroleum ($222M), and Copper Wire ($67.8M). Over the past 5 years the exports of Malaysia to Saudi Arabia have increased at an annualized rate of 5.46%, from $1.5B in 2018 to $1.95B in 2023.

In 2023, Malaysia did not export any services to Saudi Arabia.

Saudi Arabia-Malaysia Trade: In 2023, Saudi Arabia exported $9.59B to Malaysia. The main products that Saudi Arabia exported to Malaysia were Crude Petroleum ($7.24B), Refined Petroleum ($1.22B), and Ethylene Polymers ($252M). Over the past 5 years the exports of Saudi Arabia to Malaysia have increased at an annualized rate of 16.8%,  from $4.42B in 2018 to $9.59B in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR426M and imported MYR3.05B from Saudi Arabia, resulting in a negative trade balance of MYR2.62B. Between November 2023 and November 2024 the exports of Malaysia have decreased by MYR-458M (-51.8%) from MYR884M to MYR426M, while imports decreased by MYR-1.3B (-29.9%) from MYR4.35B to MYR3.05B.

Trade In November 2024, the top exports of Malaysia to Saudi Arabia were Palm Oil (MYR92.3M), Other Prepared Meat (MYR23.3M), Commodities not elsewhere specified (MYR20.7M), Other Furniture (MYR14.8M), and Computers (MYR14.5M). In November 2024 the top imports of Malaysia from Saudi Arabia were Crude Petroleum (MYR2.44B), Refined Petroleum (MYR466M), Ethylene Polymers (MYR125M), Propylene Polymers (MYR118M), and Cyclic Hydrocarbons (MYR62M).

Growth In November 2024, the decrease in Malaysia's year-by-year exports to Saudi Arabia was explained primarily by an decrease in product exports in Palm Oil (MYR-209M or -69.3%), Computers (MYR-105M or -87.9%), and Coconut Oil (MYR-11.6M or -93.8%). In November 2024, the decrease in Malaysia's year-by-year imports  from Saudi Arabia was explained primarily by an decrease in product imports  in Ethylene Polymers (MYR-116M or -48.2%), Synthetic Rubber (MYR-29.4M or -93.2%), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) (MYR-26.1M or -65.2%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR-458M(-51.8%)
IMPORT GROWTH (November 2023 - November 2024)MYR-1.3B(-29.9%)

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 Saudi Arabia and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Saudi Arabia and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $1.95B to Saudi Arabia. The main products exported from Malaysia to Saudi Arabia were Palm Oil ($494M), Refined Petroleum ($222M), and Copper Wire ($67.8M). During the last 5 years the exports of Malaysia to Saudi Arabia have increased at an annualized rate of 5.46%, from $1.5B in 2018 to $1.95B in 2023.

In 2018, Saudi Arabia exported $9.59B to Malaysia. The main products exported from Saudi Arabia to Malaysia were Crude Petroleum ($7.24B), Refined Petroleum ($1.22B), and Ethylene Polymers ($252M). During the last 5 years the exports of Saudi Arabia to Malaysia have increased at an annualized rate of 16.8%, from $4.42B in 2023 to $9.59B in 2018.

Exports from Malaysia (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Malaysia (Flag) (2023)

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Malaysia than Saudi Arabia included Singapore ($47.3B), United States ($44.9B), and Hong Kong ($19.3B).

In 2023, countries that imported more from Saudi Arabia than Malaysia included India ($34.8B), Japan ($34.7B), and United Arab Emirates ($11.5B).

Difference in imports from Saudi Arabia (Flag) and Malaysia (Flag) (2023)

Comparative Advantage Malaysia - Saudi Arabia

Flow
Scale

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

During 2023, Malaysia had a large net trade with Saudi Arabia in the exports of Animal and Vegetable Bi-Products ($556M), Machines ($331M), and Mineral Products ($234M).

During 2018, Saudi Arabia had a large net trade with Malaysia in the exports of Mineral Products ($8.73B), Plastics and Rubbers ($523M), and Chemical Products ($201M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Saudi Arabia+$89.9MRefined Petroleum
Top Product Potential Saudi Arabia Malaysia+$543MRefined 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 Saudi Arabia. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Saudi Arabia. Similarly, a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Malaysia.

Product Space of Malaysia (Flag) and Saudi Arabia (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