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Who buys Malaysia’s liquefied natural gas (LNG)? Export destinations 2024

In 2024, Malaysia exported $14.8 billion of liquefied natural gas (LNG) (27.2 million tonnes), 6.7% of the world total. Its main destinations were Japan (42%), China (25%) and South Korea (23%). Malaysia was the world’s 5th-largest exporter of liquefied natural gas (LNG).

Summary

Value
$14.8billion
Tonnes
27.2million tonnes
Share of world total
6.7%
World rank
5th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 15 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
Japan6.2Tonnes: 10,290,829USD per tonne: $60041.9%Sea
China3.7Tonnes: 7,755,642USD per tonne: $47424.9%Sea
South Korea3.4Tonnes: 6,148,135USD per tonne: $54722.8%Sea
Thailand0.75Tonnes: 1,684,817USD per tonne: $4485.1%Land
Taiwan0.63Tonnes: 1,079,073USD per tonne: $5854.3%Sea
Cambodia0.09Tonnes: 126,069USD per tonne: $7060.6%Sea
Singapore re-exports0.04Tonnes: 64,420USD per tonne: $5920.26%Sea
India0.01Tonnes: 21,732USD per tonne: $4330.06%Sea
Australia< 0.01Tonnes: 6,909USD per tonne: $4940.02%Sea
United Arab Emirates< 0.01Tonnes: 3,636USD per tonne: $5830.01%Sea
Spain< 0.01Tonnes: 2,058USD per tonne: $6720.01%Sea
Equatorial Guinea< 0.01Tonnes: 2,986USD per tonne: $4520.01%Sea
Nigeria< 0.01Tonnes: 1,583USD per tonne: $6600.01%Sea
United States< 0.01Tonnes: 2,094USD per tonne: $2370%Sea
Oman< 0.01Tonnes: 701USD per tonne: $4990%Sea

Trend

Who it sells to

Japan was its main destination throughout the period

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

  • Japan 6.2
  • China 3.7
  • South Korea 3.4
  • Thailand 0.75
  • Taiwan 0.63

Source: CEPII BACI

Show the numbers
Partner19952024
Japan1.46.2
China03.7
South Korea0.193.4
Thailand00.75
Taiwan0.070.63

Sources and methodology

Other products of this country

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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