2022
Exports
$19.5BWorld Rnk 9 / 160
Flag Rnk 3 / 1198
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2022
Imports
$2.45BWorld Rnk 36 / 222
Flag Rnk 14 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
1.09Rnk 24 / 133

About

Exports In 2022, Malaysia exported $19.5B in Petroleum Gas, making it the 9th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 3rd most exported product in Malaysia. The main destination of Petroleum Gas exports from Malaysia are: Japan ($8.06B), China ($4.56B), South Korea ($4.07B), Thailand ($1.19B), and Chinese Taipei ($528M).

The fastest growing export markets for Petroleum Gas of Malaysia between 2021 and 2022 were Japan ($3.8B), South Korea ($2.49B), and China ($1.28B).

Imports In 2022, Malaysia imported $2.45B in Petroleum Gas, becoming the 36th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 14th most imported product in Malaysia. Malaysia imports Petroleum Gas primarily from: Australia ($1.16B), Brunei ($757M), Indonesia ($342M), Saudi Arabia ($54.4M), and Kuwait ($50.7M).

The fastest growing import markets in Petroleum Gas for Malaysia between 2021 and 2022 were Australia ($896M), Brunei ($596M), and Saudi Arabia ($54.4M).

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)MYR827M(19.1%)
IMPORT GROWTH (June 2023 - June 2024)MYR536M(61.7%)
MAIN DESTINATION (June 2024)ChinaMYR1.64B

This section shows Petroleum Gas's exports and imports data at subnational level for Malaysia. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Petroleum Gas over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$19.5B
IMPORTS (2022)$2.45B
NET TRADE (2022)$17.1B

In 2022, Malaysia exported $19.5B in Petroleum Gas. The main destinations of Malaysia exports on Petroleum Gas were Japan ($8.06B), China ($4.56B), South Korea ($4.07B), Thailand ($1.19B), and Chinese Taipei ($528M).

In 2022, Malaysia imported $2.45B in Petroleum Gas, mainly from Australia ($1.16B), Brunei ($757M), Indonesia ($342M), Saudi Arabia ($54.4M), and Kuwait ($50.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Japan$3.8B (89.4%)
South Korea$2.49B (157%)
China$1.28B (39.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Malaysia WERE (2021 - 2022):
Singapore-$210M (-32.1%)
Burma-$65.7M (-90.1%)
Vietnam-$8.8M (-14.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Petroleum Gas were:
In 2022, Malaysia's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.34B
TOP IMPORT POTENTIALIndonesia+ $164M

Petroleum Gas’s highest export potential is China. With an export gap of $2.34B.   Petroleum Gas’s highest import potential is Indonesia with an import gap of $164M.

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