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Trade between India and Malaysia

In 2024, India exported $8 billion to Malaysia and imported $12.1 billion. India ran a deficit of $4.1 billion with Malaysia, compared with a deficit of $4.2 billion in 2019. Malaysia was India’s 14th largest trading partner (2% of its trade), and India was Malaysia’s 10th (3%).

Summary

India → Malaysia
$8billion
Malaysia → India
$12.1billion
India’s balance
-$4.1billion

Balance

India’s trade balance with Malaysia

Trade between India and Malaysia grew 13.3-fold since 1995

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

  • Exports 8
  • Imports 12.1
  • Balance -4.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$567 million$946 million-$379 million
1996$809 million$1.2 billion-$380 million
1997$865 million$1.2 billion-$352 million
1998$525 million$1.7 billion-$1.2 billion
1999$608 million$2.2 billion-$1.6 billion
2000$805 million$1.8 billion-$1 billion
2001$879 million$1.6 billion-$680 million
2002$807 million$2.1 billion-$1.3 billion
2003$825 million$2.7 billion-$1.9 billion
2004$1.3 billion$3.2 billion-$1.9 billion
2005$1.2 billion$4.2 billion-$3 billion
2006$1.5 billion$4.9 billion-$3.4 billion
2007$2.2 billion$6 billion-$3.9 billion
2008$3.3 billion$7.5 billion-$4.2 billion
2009$3.6 billion$5.2 billion-$1.6 billion
2010$3.4 billion$6.3 billion-$2.9 billion
2011$3.8 billion$9.3 billion-$5.5 billion
2012$4.1 billion$10.7 billion-$6.6 billion
2013$5.4 billion$9.2 billion-$3.8 billion
2014$4.6 billion$11 billion-$6.5 billion
2015$4.9 billion$9.8 billion-$4.8 billion
2016$4.7 billion$8.8 billion-$4.1 billion
2017$6.6 billion$8.9 billion-$2.4 billion
2018$6.7 billion$10.6 billion-$3.9 billion
2019$6.4 billion$10.5 billion-$4.2 billion
2020$6.3 billion$7.5 billion-$1.1 billion
2021$6.5 billion$12.1 billion-$5.6 billion
2022$7.3 billion$13.4 billion-$6.2 billion
2023$6.9 billion$12.4 billion-$5.5 billion
2024$8 billion$12.1 billion-$4.1 billion

What they sell each other

What India sells to Malaysia

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

  1. Refined petroleum$2.2 billion · 27.1%
    3.4 million tonnes · India’s destinations
  2. Frozen beef$593 million · 7.4%
    176 thousand tonnes
  3. Unwrought aluminum$505 million · 6.3%
    214 thousand tonnes · India’s destinations
  4. Turbojets and gas turbines$465 million · 5.8%
    291 tonnes · India’s destinations
  5. Coal tar oils$368 million · 4.6%
    428 thousand tonnes
  6. Rice$230 million · 2.9%
    341 thousand tonnes · India’s destinations
  7. Jewelry$187 million · 2.3%
    6 tonnes · India’s destinations
  8. Dredgers and floating cranes$186 million · 2.3%
  9. 2 thousand tonnes · India’s destinations
  10. Iron ore$123 million · 1.5%
    1 million tonnes · India’s destinations

What Malaysia sells to India

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

  1. Palm oil$2.9 billion · 23.8%
    2.9 million tonnes · Malaysia’s destinations
  2. Computers$756 million · 6.3%
    3 thousand tonnes · Malaysia’s destinations
  3. Crude petroleum$574 million · 4.8%
    843 thousand tonnes · Malaysia’s destinations
  4. Microchips$515 million · 4.3%
    107 tonnes · Malaysia’s destinations
  5. Unwrought aluminum$341 million · 2.8%
    134 thousand tonnes · Malaysia’s destinations
  6. Refined petroleum$277 million · 2.3%
    345 thousand tonnes · Malaysia’s destinations
  7. Ferrous scrap$273 million · 2.3%
    356 thousand tonnes · India’s sources
  8. Industrial fatty acids$262 million · 2.2%
    214 thousand tonnes
  9. Dredgers and floating cranes$258 million · 2.1%
    2 tonnes
  10. 815 tonnes

How it travels

Estimated sea route from Nhava Sheva (Mumbai) to Port Klang.

The estimated sea route between Nhava Sheva (Mumbai) and Port Klang is 2,317 nautical miles (4,291 km) long: ≈ 5.5–7 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

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$16.2 billion · 80.5%
  2. Air$3.9 billion · 19.5%

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

How much each matters to the other

Malaysia was India’s 14th largest trading partner (2% of its trade), and India was Malaysia’s 10th (3%).

Malaysia in India’s trade
1.8%
Malaysia’s rank among India’s partners
14th
India in Malaysia’s trade
2.8%
India’s rank among Malaysia’s partners
10th

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.