Mineral fuels, mineral oils and products of their distillation in Malaysia

About

Exports In 2022, Malaysia exported $69.4B in Mineral fuels, mineral oils and products of their distillation, making it the 15th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 2nd most exported product in Malaysia. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Malaysia are: Singapore ($11.1B), Japan ($9.43B), China ($7.63B), Indonesia ($6.08B), and Australia ($5.97B).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Malaysia between 2021 and 2022 were Japan ($4.16B), South Korea ($2.57B), and Indonesia ($2.42B).

Imports In 2022, Malaysia imported $50.1B in Mineral fuels, mineral oils and products of their distillation, becoming the 17th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 2nd most imported product in Malaysia. Malaysia imports Mineral fuels, mineral oils and products of their distillation primarily from: Singapore ($11.6B), Saudi Arabia ($6.34B), Indonesia ($5.01B), Australia ($3.47B), and South Korea ($3.43B).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Malaysia between 2021 and 2022 were Saudi Arabia ($5.11B), Singapore ($4.79B), and United Arab Emirates ($1.68B).

COMPANIES In 2023, leading companies such as Marelli Automotive Lighting (16), Motorola (2), and Panasonic (2) were at the forefront of shipping Mineral fuels, mineral oils and products of their distillation from Malaysia to the United States.

Latest Trends

September 2024

About

Overview In September 2024 Malaysia's Mineral fuels, mineral oils and products of their distillation exports accounted up to MYR14.6B and imports accounted up to MYR17.6B, resulting in a negative trade balance of MYR2.94B. Between September 2023 and September 2024 the exports of Malaysia's Mineral fuels, mineral oils and products of their distillation have decreased by MYR-3.09B (-17.4%) from MYR17.7B to MYR14.6B, while imports increased by MYR841M (5.03%) from MYR16.7B to MYR17.6B.

Destinations In September 2024, Mineral fuels, mineral oils and products of their distillation were exported mostly to Australia (MYR2.42B), Singapore (MYR2.37B), Japan (MYR2.32B), Indonesia (MYR1.66B), and Thailand (MYR1.38B), and were imported mostly from Singapore (MYR3.38B), Saudi Arabia (MYR2.73B), Indonesia (MYR1.83B), South Korea (MYR1.71B), and United Arab Emirates (MYR1.41B).

Growth In September 2024, the decrease in Mineral fuels, mineral oils and products of their distillation's year-by-year exports was explained primarily by a decrease in exports to China (MYR-390M or -15.4%), India (MYR-128M or -30.3%), and Sri Lanka (MYR-93.7M or -83.4%). In September 2024, the increase in Mineral fuels, mineral oils and products of their distillation's year-by-year imports was explained primarily by an increase in imports from Saudi Arabia (MYR2.52B or 653%), China (MYR1.8B or 248%), and United Arab Emirates (MYR1B or 462%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2023 - September 2024)MYR-3.09B(-17.4%)

IMPORT GROWTH (September 2023 - September 2024)MYR841M(5.03%)

MAIN DESTINATION (September 2024)AustraliaMYR2.42B

This section shows Mineral fuels, mineral oils and products of their distillation's exports and imports data at subnational level for Malaysia. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Mineral fuels, mineral oils and products of their distillation over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download