2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%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).

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 Destination
Singapore$53.8B
Indonesia
Top Destination
China$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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