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Where does Malaysia get its refined petroleum products? Import sources 2024

In 2024, Malaysia imported $25.6 billion of refined petroleum products (37.5 million tonnes), 3% of the world total. Its main sources were Singapore (33%), South Korea (12%) and China (10%). Malaysia was the world’s 8th-largest importer of refined petroleum products.

Summary

Value
$25.6billion
Tonnes
37.5million tonnes
Share of world total
3%
World rank
8th
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
Singapore re-exports8.4Tonnes: 12,395,356USD per tonne: $67732.9%Sea
South Korea2.9Tonnes: 3,549,304USD per tonne: $82911.5%Sea
China2.5Tonnes: 2,922,236USD per tonne: $8579.8%Sea
India2.2Tonnes: 3,415,314USD per tonne: $6338.5%Sea
Saudi Arabia1.5Tonnes: 2,051,754USD per tonne: $7305.9%Sea
Taiwan1.4Tonnes: 2,164,826USD per tonne: $6685.7%Sea
United Arab Emirates0.99Tonnes: 1,622,648USD per tonne: $6103.9%Sea
Indonesia0.87Tonnes: 1,901,857USD per tonne: $4583.4%Sea
Russia0.78Tonnes: 1,349,439USD per tonne: $5813.1%Sea
Thailand0.68Tonnes: 1,335,283USD per tonne: $5062.6%Sea
Japan0.5Tonnes: 524,351USD per tonne: $9522%Sea
Brunei0.41Tonnes: 773,025USD per tonne: $5311.6%Sea
Australia0.3Tonnes: 471,182USD per tonne: $6331.2%Sea
Qatar0.23Tonnes: 337,710USD per tonne: $6900.91%Sea
Greece0.23Tonnes: 193,149USD per tonne: $1,1900.9%Sea
Oman0.19Tonnes: 307,048USD per tonne: $6240.75%Sea
Iraq0.19Tonnes: 501,752USD per tonne: $3790.74%Sea
United States0.15Tonnes: 307,995USD per tonne: $4860.59%Sea
Brazil0.14Tonnes: 128,102USD per tonne: $1,1020.55%Sea
Netherlands re-exports0.12Tonnes: 160,329USD per tonne: $7530.47%Sea

Trend

Who it buys from

Singapore was its main source throughout the period

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

  • Singapore 8.4
  • South Korea 2.9
  • China 2.5
  • India 2.2
  • Saudi Arabia 1.5

Source: CEPII BACI

Show the numbers
Partner19952024
Singapore1.18.4
South Korea0.032.9
China< 0.012.5
India< 0.012.2
Saudi Arabia0.041.5

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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