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Pricing

2022
Flag → Flag
Exports $12.5BRnk 10 / 218
2022
Flag → Flag
Top Product $5.82BRefined Petroleum
2022
Flag → Flag
Exports $15.6BRnk 5 / 216
2022
Flag → Flag
Top Product $3.47BCoal Briquettes
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
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GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
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 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
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GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
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GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
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GDP PC$4,788CURRENT US$
Rnk 114 / 186
2012-2022
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GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Malaysia-Indonesia Trade: In 2022, Malaysia exported $12.5B to Indonesia. The main products that Malaysia exported to Indonesia were Refined Petroleum ($5.82B), Acyclic Hydrocarbons ($303M), and Ethylene Polymers ($301M). Over the past 5 years the exports of Malaysia to Indonesia have increased at an annualized rate of 8.77%, from $8.23B in 2017 to $12.5B in 2022.

In 2010, Malaysia exported services to Indonesia worth $1.83B, with Travel ($1.58B), Other business services ($119M), and Transportation ($92.5M) being the largest in terms of value.

Indonesia-Malaysia Trade: In 2022, Indonesia exported $15.6B to Malaysia. The main products that Indonesia exported to Malaysia were Coal Briquettes ($3.47B), Palm Oil ($1.38B), and Refined Petroleum ($937M). Over the past 5 years the exports of Indonesia to Malaysia have increased at an annualized rate of 11.5%,  from $9.05B in 2017 to $15.6B in 2022.

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

Comparison: In 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Latest Trends

September, 2024

About

Overview In September 2024, Malaysia exported MYR4.27B and imported MYR5.77B from Indonesia, resulting in a negative trade balance of MYR1.49B. Between September 2023 and September 2024 the exports of Malaysia have increased by MYR290M (7.28%) from MYR3.98B to MYR4.27B, while imports increased by MYR714M (14.1%) from MYR5.05B to MYR5.77B.

Trade In September 2024, the top exports of Malaysia to Indonesia were Refined Petroleum (MYR1.25B), Integrated Circuits (MYR159M), Acyclic Hydrocarbons (MYR93.4M), Ethylene Polymers (MYR87.7M), and Acyclic Alcohols (MYR83.4M). In September 2024 the top imports of Malaysia from Indonesia were Coal Briquettes (MYR1.29B), Palm Oil (MYR632M), Industrial Fatty Acids, Oils and Alcohols (MYR403M), Refined Copper (MYR300M), and Coconut Oil (MYR204M).

Growth In September 2024, the increase in Malaysia's year-by-year exports to Indonesia was explained primarily by an increase in product exports in Refined Petroleum (MYR245M or 24.4%), Semi-Finished Iron (MYR49.2M or 241%), and Large Coated Flat-Rolled Iron (MYR35.2M or 1.57k%). In September 2024, the increase in Malaysia's year-by-year imports  from Indonesia was explained primarily by an increase in product imports  in Coal Briquettes (MYR701M or 118%), Palm Oil (MYR408M or 182%), and Industrial Fatty Acids, Oils and Alcohols (MYR132M or 48.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)MYR290M(7.28%)
IMPORT GROWTH (September 2023 - September 2024)MYR714M(14.1%)

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 Indonesia and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Indonesia and Malaysia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $12.5B to Indonesia. The main products exported from Malaysia to Indonesia were Refined Petroleum ($5.82B), Acyclic Hydrocarbons ($303M), and Ethylene Polymers ($301M). During the last 5 years the exports of Malaysia to Indonesia have increased at an annualized rate of 8.77%, from $8.23B in 2017 to $12.5B in 2022.

In 2017, Indonesia exported $15.6B to Malaysia. The main products exported from Indonesia to Malaysia were Coal Briquettes ($3.47B), Palm Oil ($1.38B), and Refined Petroleum ($937M). During the last 5 years the exports of Indonesia to Malaysia have increased at an annualized rate of 11.5%, from $9.05B in 2022 to $15.6B in 2017.

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

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

Market Competitiveness

Color
Malaysia
Top DestinationSingapore$53.8B
Indonesia
Top DestinationChina$67.7B

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

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

In 2022, countries that imported more from Indonesia than Malaysia included China ($67.7B), India ($25.3B), and Philippines ($13.6B).

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

Comparative Advantage Malaysia - Indonesia

Flow
Scale

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

During 2022, Malaysia had a large net trade with Indonesia in the exports of Mineral Products ($6.2B), Machines ($1.44B), and Chemical Products ($1.18B).

During 2017, Indonesia had a large net trade with Malaysia in the exports of Mineral Products ($5.58B), Animal and Vegetable Bi-Products ($3.18B), and Metals ($1.72B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia Indonesia+$700MRefined Petroleum
Top Product Potential Indonesia Malaysia+$473MCoal Briquettes

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 Malaysia and Indonesia. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over Indonesia. Similarly, a dot/product with the flag of Indonesia indicates it has a comparative advantage over Malaysia.

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

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