India / Malaysia

Overview In January 2024, India exported $560M and imported $911M from Malaysia, resulting in a negative trade balance of $352M. Between January 2023 and January 2024 the exports of India have decreased by $-49.4M (-8.1%) from $609M to $560M, while imports increased by $119M (15%) from $792M to $911M.

Trade In January 2024, the top exports of India to Malaysia were Aluminium, Products Of Aluminm ($161M), Petroleum Products ($67.6M), Electric Machinery And Equipme ($48.6M), Buffalo Meat ($46.1M), and Organic Chemicals ($21.6M). In January 2024 the top imports of India from Malaysia were Vegetable Oils ($196M), Petroleum: Crude ($79M), Organic Chemicals ($43.3M), Computer Hardware, Peripherals ($41M), and Electronics Components ($33M).

Growth In January 2024, the decrease in India's year-by-year exports to Malaysia was explained primarily by an decrease in product exports in Sugar ($-42.4M or -83%), Products Of Iron And Steel ($-27.1M or -91.6%), and Iron And Steel ($-22.1M or -75.4%). In January 2024, the increase in India's year-by-year imports  from Malaysia was explained primarily by an increase in product imports  in Telecom Instruments ($14.4M or 83.2%), Plastic Raw Materials ($5.34M or 21.9%), and Iron And Steel ($5.19M or 20.4%).