Petroleum Gas in Malaysia | The Observatory of Economic Complexity

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Exports In 2022, Malaysia exported $19.5B in Petroleum Gas, making it the 9th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 3rd most exported product in Malaysia. The main destination of Petroleum Gas exports from Malaysia are: Japan ($8.06B), China ($4.56B), South Korea ($4.07B), Thailand ($1.19B), and Chinese Taipei ($528M).

The fastest growing export markets for Petroleum Gas of Malaysia between 2021 and 2022 were Japan ($3.8B), South Korea ($2.49B), and China ($1.28B).

Imports In 2022, Malaysia imported $2.45B in Petroleum Gas, becoming the 36th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 14th most imported product in Malaysia. Malaysia imports Petroleum Gas primarily from: Australia ($1.16B), Brunei ($757M), Indonesia ($342M), Saudi Arabia ($54.4M), and Kuwait ($50.7M).

The fastest growing import markets in Petroleum Gas for Malaysia between 2021 and 2022 were Australia ($896M), Brunei ($596M), and Saudi Arabia ($54.4M).

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

Latest Trends

September 2020

About

Overview In September 2020 Malaysia's Petroleum Gas exports accounted up to MYR1.6B and imports accounted up to MYR455M, resulting in a positive trade balance of MYR1.14B. Between September 2019 and September 2020 the exports of Malaysia's Petroleum Gas have decreased by MYR-1.83B (-53.3%) from MYR3.42B to MYR1.6B, while imports decreased by MYR-299M (-39.7%) from MYR754M to MYR455M.

Destinations In September 2020, Petroleum Gas were exported mostly to China (MYR561M), Japan (MYR501M), South Korea (MYR327M), Singapore (MYR93.3M), and Burma (MYR54.4M), and were imported mostly from Brunei (MYR168M), Australia (MYR131M), Indonesia (MYR93.9M), United Arab Emirates (MYR25.3M), and Singapore (MYR22.9M).

Growth In September 2020, the decrease in Petroleum Gas's year-by-year exports was explained primarily by a decrease in exports to Japan (MYR-468M or -17%). In September 2020, the decrease in Petroleum Gas's year-by-year imports was explained primarily by a decrease in imports from Indonesia (MYR-67M or -53.8%), Australia (MYR-33.5M or -27.3%), and Singapore (MYR-13.3M or -45%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (September 2019 - September 2020)MYR-1.83B(-53.3%)

IMPORT GROWTH (September 2019 - September 2020)MYR-299M(-39.7%)

MAIN DESTINATION (September 2020)ChinaMYR561M

This section shows Petroleum Gas'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 Petroleum Gas over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$19.5B

IMPORTS (2022)$2.45B

NET TRADE (2022)$17.1B

In 2022, Malaysia exported $19.5B in Petroleum Gas. The main destinations of Malaysia exports on Petroleum Gas were Japan ($8.06B), China ($4.56B), South Korea ($4.07B), Thailand ($1.19B), and Chinese Taipei ($528M).

In 2022, Malaysia imported $2.45B in Petroleum Gas, mainly from Australia ($1.16B), Brunei ($757M), Indonesia ($342M), Saudi Arabia ($54.4M), and Kuwait ($50.7M).

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