2022
Flag  
GDP
$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH
8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC 
$64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH
-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Australia-Malaysia Trade: In 2022, Australia exported $7.6B to Malaysia. The main products that Australia exported to Malaysia were Coal Briquettes ($1.98B), Petroleum Gas ($1.16B), and Refined Copper ($831M). Over the past 5 years the exports of Australia to Malaysia have increased at an annualized rate of 8.23%, from $5.12B in 2017 to $7.6B in 2022.

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 2022, Malaysia exported $11.9B to Australia. The main products that Malaysia exported to Australia were Refined Petroleum ($3.65B), Crude Petroleum ($2.22B), and Computers ($435M). Over the past 5 years the exports of Malaysia to Australia have increased at an annualized rate of 7.48%,  from $8.32B in 2017 to $11.9B in 2022.

In 2022, Malaysia did not export any services to Australia.

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $7.6B to Malaysia. The main products exported from Australia to Malaysia were Coal Briquettes ($1.98B), Petroleum Gas ($1.16B), and Refined Copper ($831M). During the last 5 years the exports of Australia to Malaysia have increased at an annualized rate of 8.23%, from $5.12B in 2017 to $7.6B in 2022.

In 2017, Malaysia exported $11.9B to Australia. The main products exported from Malaysia to Australia were Refined Petroleum ($3.65B), Crude Petroleum ($2.22B), and Computers ($435M). During the last 5 years the exports of Malaysia to Australia have increased at an annualized rate of 7.48%, from $8.32B in 2022 to $11.9B in 2017.

Exports from Australia (Flag) to Malaysia (Flag) (2022)

Exports from Malaysia (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Malaysia (Flag)

Australia Exports

Malaysia Exports

Market Competitiveness

Color
Australia
Top Destination
China$123B
Malaysia
Top Destination
Singapore$53.8B

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 2022, countries that imported more from Australia than Malaysia included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Malaysia than Australia included Singapore ($53.8B), United States ($44.2B), and Hong Kong ($21.7B).

Difference in imports from Malaysia (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Malaysia

Flow
Scale

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

During 2022, Australia had a large net trade with Malaysia in the exports of Mineral Products ($3.91B), Metals ($1.23B), and Chemical Products ($581M).

During 2017, Malaysia had a large net trade with Australia in the exports of Mineral Products ($6.02B), Machines ($2.08B), and Plastics and Rubbers ($668M).

Potential Exports

Potential Exports

Depth
View
Sort By
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

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.

Product Space of Australia (Flag) and Malaysia (Flag) (2022)

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