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Where does Malaysia get its crude oil? Import sources 2024

In 2024, Malaysia imported $14.6 billion of crude oil (24.1 million tonnes), 1.1% of the world total. Its main sources were Saudi Arabia (39%), the United Arab Emirates (21%) and Brazil (8%). Malaysia was the world’s 18th-largest importer of crude oil.

Summary

Value
$14.6billion
Tonnes
24.1million tonnes
Share of world total
1.1%
World rank
18th
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Saudi Arabia5.6Tonnes: 9,307,595USD per tonne: $60538.6%Sea
United Arab Emirates3Tonnes: 4,544,356USD per tonne: $66020.6%Sea
Brazil1.2Tonnes: 2,226,932USD per tonne: $5438.3%Sea
United States0.81Tonnes: 1,296,222USD per tonne: $6275.6%Sea
Qatar0.57Tonnes: 1,020,945USD per tonne: $5613.9%Sea
Gabon0.56Tonnes: 853,004USD per tonne: $6613.9%Sea
Cameroon0.55Tonnes: 910,318USD per tonne: $6033.8%Sea
Angola0.38Tonnes: 514,375USD per tonne: $7442.6%Sea
Sudan0.31Tonnes: 505,839USD per tonne: $6212.2%Sea
Thailand0.26Tonnes: 493,947USD per tonne: $5361.8%Land
Republic of the Congo0.18Tonnes: 238,585USD per tonne: $7491.2%Sea
Kuwait0.17Tonnes: 286,185USD per tonne: $5971.2%Sea
Chad0.14Tonnes: 268,389USD per tonne: $5370.99%Sea
Libya0.13Tonnes: 216,778USD per tonne: $6180.92%Sea
Australia0.11Tonnes: 524,757USD per tonne: $2030.73%Sea
Argentina0.1Tonnes: 149,373USD per tonne: $6430.66%Sea
Indonesia0.09Tonnes: 96,760USD per tonne: $9810.65%Land
Oman0.08Tonnes: 135,525USD per tonne: $6190.58%Sea
Brunei0.07Tonnes: 99,930USD per tonne: $7010.48%Land
Russia0.05Tonnes: 93,422USD per tonne: $5190.33%Sea

Trend

Who it buys from

Saudi Arabia has been its main source since 2022

Value in USD billions. The five largest sources in 2024.

  • Saudi Arabia 5.6
  • United Arab Emirates 3
  • Brazil 1.2
  • United States 0.81
  • Qatar 0.57

Source: CEPII BACI

Show the numbers
Partner19952024
Saudi Arabia0.085.6
United Arab Emirates03
Brazil01.2
United States< 0.010.81
Qatar00.57

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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