Overview: In September 2020 Malaysia's Refined Petroleum exports accounted up to N/A3.08B and imports accounted up to N/A3.74B, resulting in a negative trade balance of N/A664M. Between September 2019 and September 2020 the exports of Malaysia's Refined Petroleum have decreased by N/A-1.61B (-34.3%) from N/A4.69B to N/A3.08B, while imports decreased by N/A-2.48B (-39.8%) from N/A6.22B to N/A3.74B.
Destinations: In September 2020 Refined Petroleum exported mostly to Singapore (MYR1.1B), China (MYR497M), Australia (MYR387M), Indonesia (MYR284M), and Hong Kong (MYR117M), and imported mostly from Singapore (MYR1.48B), United Arab Emirates (MYR438M), China (MYR437M), South Korea (MYR388M), and India (MYR310M).
Growth: In September 2020, the decrease in Refined Petroleum's year-by-year exports was explained primarily by a decrease in exports to Bangladesh (MYR-516M or -94.4%), Singapore (MYR-316M or -22.4%), and Vietnam (MYR-220M or -65.9%). In September 2020, the decrease in Refined Petroleum's year-by-year imports was explained primarily by a decrease in imports from Singapore (MYR-766M or -34.1%), South Korea (MYR-547M or -58.5%), and India (MYR-409M or -56.8%).