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Trade between Australia and Malaysia

In 2024, Australia exported $7.3 billion to Malaysia and imported $11.5 billion. Australia ran a deficit of $4.2 billion with Malaysia, compared with a deficit of $2.2 billion in 2019. Malaysia was Australia’s 8th largest trading partner (3% of its trade), and Australia was Malaysia’s 11th (3%).

Summary

Australia → Malaysia
$7.3billion
Malaysia → Australia
$11.5billion
Australia’s balance
-$4.2billion

Balance

Australia’s trade balance with Malaysia

Trade between Australia and Malaysia grew 5.6-fold since 1995

USD billions (current). Australia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 7.3
  • Imports 11.5
  • Balance -4.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$2.1 billion$1.2 billion$959 million
1996$2.3 billion$1.4 billion$875 million
1997$2.1 billion$1.7 billion$411 million
1998$1.4 billion$2 billion-$616 million
1999$1.6 billion$2.4 billion-$823 million
2000$1.7 billion$3.1 billion-$1.4 billion
2001$1.7 billion$2.3 billion-$599 million
2002$1.5 billion$2.2 billion-$727 million
2003$1.4 billion$3.1 billion-$1.7 billion
2004$2.1 billion$4.3 billion-$2.1 billion
2005$2.4 billion$4.7 billion-$2.4 billion
2006$2.7 billion$5.5 billion-$2.8 billion
2007$3.2 billion$6.4 billion-$3.2 billion
2008$3.6 billion$7.8 billion-$4.3 billion
2009$2.9 billion$6.1 billion-$3.2 billion
2010$3.5 billion$8.5 billion-$5 billion
2011$4.2 billion$8.6 billion-$4.4 billion
2012$4.8 billion$9.3 billion-$4.4 billion
2013$6.1 billion$8.8 billion-$2.8 billion
2014$7.3 billion$10.2 billion-$2.9 billion
2015$5 billion$7.2 billion-$2.2 billion
2016$4.5 billion$6.8 billion-$2.3 billion
2017$4.7 billion$8.8 billion-$4 billion
2018$5.5 billion$9.9 billion-$4.5 billion
2019$5.7 billion$7.9 billion-$2.2 billion
2020$4.9 billion$6.9 billion-$2 billion
2021$5.3 billion$10.4 billion-$5.1 billion
2022$9.2 billion$12.5 billion-$3.3 billion
2023$7.5 billion$12.6 billion-$5.1 billion
2024$7.3 billion$11.5 billion-$4.2 billion

What they sell each other

What Australia sells to Malaysia

The top 10 headings in 2024, with their share of the total.

  1. Natural gas and LPG$1.8 billion · 25%
    2.6 million tonnes
  2. Coal$1.1 billion · 14.5%
    12.6 million tonnes · Australia’s destinations
  3. Refined copper$670 million · 9.2%
    72 thousand tonnes · Australia’s destinations
  4. Refined petroleum$298 million · 4.1%
    471 thousand tonnes · Australia’s destinations
  5. Unwrought aluminum$259 million · 3.6%
    124 thousand tonnes · Australia’s destinations
  6. Iron ore$250 million · 3.4%
    2.1 million tonnes · Australia’s destinations
  7. Wheat$249 million · 3.4%
    797 thousand tonnes · Australia’s destinations
  8. Aluminum oxide and hydroxide$176 million · 2.4%
    488 thousand tonnes
  9. Lamb and goat meat$170 million · 2.3%
    39 thousand tonnes · Australia’s destinations
  10. 31 thousand tonnes

What Malaysia sells to Australia

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$4.1 billion · 35.6%
    7.1 million tonnes · Malaysia’s destinations
  2. Crude petroleum$2.1 billion · 18%
    3.4 million tonnes · Malaysia’s destinations
  3. Computers$445 million · 3.9%
    1 thousand tonnes · Malaysia’s destinations
  4. 33 tonnes
  5. Home appliances$132 million · 1.2%
    2 thousand tonnes
  6. Nitrogen fertilizers$126 million · 1.1%
    343 thousand tonnes
  7. Plastic sheets and film$118 million · 1%
    66 thousand tonnes
  8. 1 thousand tonnes
  9. Plastic packaging$99 million · 0.86%
    43 thousand tonnes
  10. Jewelry$93 million · 0.81%
    2 tonnes · Malaysia’s destinations

How it travels

Estimated sea route from Sydney to Port Klang.

The estimated sea route between Sydney and Port Klang is 4,510 nautical miles (8,352 km) long: ≈ 10.5–13.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Malacca and Singapore.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$16.7 billion · 89.3%
  2. Air$2 billion · 10.7%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Malaysia was Australia’s 8th largest trading partner (3% of its trade), and Australia was Malaysia’s 11th (3%).

Malaysia in Australia’s trade
2.9%
Malaysia’s rank among Australia’s partners
8th
Australia in Malaysia’s trade
2.6%
Australia’s rank among Malaysia’s partners
11th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.