Australia (AUS) and Malaysia (MYS) Trade | The Observatory of Economic Complexity

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Australia-Malaysia Trade: In 2023, Australia exported $7.56B to Malaysia. The main products that Australia exported to Malaysia were Petroleum Gas ($1.39B), Coal Briquettes ($1.36B), and Refined Copper ($787M). Over the past 5 years the exports of Australia to Malaysia have increased at an annualized rate of 6.6%, from $5.49B in 2018 to $7.56B in 2023.

In 2009, Australia exported services to Malaysia worth $1.24B, with Travel ($997M), Other business services ($97.4M), and Transportation ($73.6M) being the largest in terms of value.

Malaysia-Australia Trade: In 2023, Malaysia exported $12.6B to Australia. The main products that Malaysia exported to Australia were Refined Petroleum ($5.57B), Crude Petroleum ($2.33B), and Computers ($348M). Over the past 5 years the exports of Malaysia to Australia have increased at an annualized rate of 4.84%, from $9.96B in 2018 to $12.6B in 2023.

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

Comparison: In 2023, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). That same year, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Australia exported $7.56B to Malaysia. The main products exported from Australia to Malaysia were Petroleum Gas ($1.39B), Coal Briquettes ($1.36B), and Refined Copper ($787M). During the last 5 years the exports of Australia to Malaysia have increased at an annualized rate of 6.6%, from $5.49B in 2018 to $7.56B in 2023.

In 2018, Malaysia exported $12.6B to Australia. The main products exported from Malaysia to Australia were Refined Petroleum ($5.57B), Crude Petroleum ($2.33B), and Computers ($348M). During the last 5 years the exports of Malaysia to Australia have increased at an annualized rate of 4.84%, from $9.96B in 2023 to $12.6B in 2018.

Exports from Australia () to Malaysia () (2023)

Exports from Malaysia () to Australia () (2023)

Latest Data

Trade between Australia () and Malaysia ()

Australia Exports

Date

Malaysia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$137B

Malaysia
Top DestinationChina$79.8B

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

In 2023, countries that imported more from Australia than Malaysia included China ($137B), Japan ($59B), and South Korea ($20.9B).

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

Difference in imports from Malaysia () and Australia () (2023)

Comparative Advantage Australia - Malaysia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Australia had a large net trade with Malaysia in the exports of Mineral Products ($4.02B), Metals ($1.26B), and Vegetable Products ($507M).

During 2018, Malaysia had a large net trade with Australia in the exports of Mineral Products ($8.05B), Machines ($1.55B), and Plastics and Rubbers ($469M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Australia Malaysia+$112MIron Ore

Top Product Potential Malaysia Australia+$76.6MTelephones

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.

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Australia () to Malaysia () (2023)

Exports from Malaysia () to Australia () (2023)

Latest Data

Trade between Australia () and Malaysia ()

Australia Exports

Malaysia Exports

Market Competitiveness

Difference in imports from Malaysia () and Australia () (2023)

Comparative Advantage Australia - Malaysia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Australia () and Malaysia () (2023)

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