2022
Exports | Imports
$38.5B | $27.1BWorld Rnk 10 / 214
Flag Rnk 2 / 1198
World Rnk 9 / 225
Flag Rnk 2 / 1203
2022
ECONOMIC COMPLEXITY of Malaysia
0.96Rnk 28 / 124
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 800 / 1025

About

Exports In 2022, Malaysia exported $38.5B in Refined Petroleum, making it the 10th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in Malaysia. The main destination of Refined Petroleum exports from Malaysia are: Singapore ($10.1B), Indonesia ($5.82B), Australia ($3.65B), Bangladesh ($2.67B), and Hong Kong ($1.35B).

The fastest growing export markets for Refined Petroleum of Malaysia between 2021 and 2022 were Indonesia ($2.55B), Bangladesh ($1.38B), and Australia ($1.08B).

Imports In 2022, Malaysia imported $27.1B in Refined Petroleum, becoming the 9th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Malaysia. Malaysia imports Refined Petroleum primarily from: Singapore ($11.2B), South Korea ($3.36B), Chinese Taipei ($1.77B), China ($1.62B), and India ($1.59B).

The fastest growing import markets in Refined Petroleum for Malaysia between 2021 and 2022 were Singapore ($4.87B), South Korea ($1.34B), and United Arab Emirates ($542M).

COMPANIES In 2019, leading companies such as were at the forefront of shipping Refined Petroleum from Malaysia to the United States.

Latest Trends

September 2020

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2019 - September 2020)MYR-1.61B(-34.3%)
IMPORT GROWTH (September 2019 - September 2020)MYR-2.48B(-39.8%)
MAIN DESTINATION (September 2020)SingaporeMYR1.1B

This section shows Refined Petroleum'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 Refined Petroleum over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$38.5B
IMPORTS (2022)$27.1B
NET TRADE (2022)$11.4B

In 2022, Malaysia exported $38.5B in Refined Petroleum. The main destinations of Malaysia exports on Refined Petroleum were Singapore ($10.1B), Indonesia ($5.82B), Australia ($3.65B), Bangladesh ($2.67B), and Hong Kong ($1.35B).

In 2022, Malaysia imported $27.1B in Refined Petroleum, mainly from Singapore ($11.2B), South Korea ($3.36B), Chinese Taipei ($1.77B), China ($1.62B), and India ($1.59B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
Indonesia$2.55B (77.9%)
Bangladesh$1.38B (108%)
Australia$1.08B (41.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Malaysia WERE (2021 - 2022):
China-$821M (-47.1%)
Singapore-$762M (-7.03%)
Nigeria-$247M (-81.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Refined Petroleum were:
In 2022, Malaysia's main importing competitors in Refined Petroleum were:

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

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