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Trade between Ireland and Malaysia

In 2024, Ireland exported $5.5 billion to Malaysia and imported $483 million. Ireland ran a surplus of $5 billion with Malaysia, compared with a surplus of $497 million in 2019. Malaysia was Ireland’s 13th largest trading partner (1% of its trade), and Ireland was Malaysia’s 20th (0.8%).

Summary

Ireland → Malaysia
$5.5billion
Malaysia → Ireland
$483million
Ireland’s balance
$5billion

Balance

Ireland’s trade balance with Malaysia

Trade between Ireland and Malaysia grew 4.4-fold since 1995

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

  • Exports 5.5
  • Imports 0.5
  • Balance +5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$802 million$536 million$267 million
1996$753 million$556 million$197 million
1997$451 million$502 million-$51 million
1998$373 million$539 million-$165 million
1999$867 million$704 million$163 million
2000$707 million$641 million$66 million
2001$1 billion$550 million$470 million
2002$738 million$618 million$120 million
2003$694 million$538 million$157 million
2004$609 million$602 million$7 million
2005$743 million$734 million$9 million
2006$852 million$552 million$301 million
2007$852 million$645 million$208 million
2008$1.5 billion$538 million$937 million
2009$980 million$383 million$597 million
2010$363 million$255 million$108 million
2011$566 million$304 million$262 million
2012$324 million$277 million$47 million
2013$289 million$276 million$13 million
2014$389 million$282 million$108 million
2015$311 million$312 million-$765 thousand
2016$577 million$326 million$251 million
2017$817 million$347 million$470 million
2018$1.1 billion$474 million$642 million
2019$950 million$453 million$497 million
2020$604 million$491 million$113 million
2021$2.9 billion$2 billion$933 million
2022$2.9 billion$708 million$2.2 billion
2023$3.3 billion$665 million$2.6 billion
2024$5.5 billion$483 million$5 billion

What they sell each other

What Ireland sells to Malaysia

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

  1. Microchips$4.8 billion · 88.1%
    121 tonnes · Ireland’s destinations
  2. Airplanes and helicopters$230 million · 4.2%
    171 tonnes · Ireland’s destinations
  3. 2 thousand tonnes · Ireland’s destinations
  4. 104 tonnes · Ireland’s destinations
  5. Vaccines, blood and antisera$35 million · 0.65%
    1 thousand tonnes · Ireland’s destinations
  6. Orthopedic and hearing devices$18 million · 0.34%
    41 tonnes
  7. Bulk medicines$14 million · 0.25%
    225 tonnes
  8. Spark-ignition engines$14 million · 0.25%
    5 tonnes
  9. 43 tonnes
  10. Jewelry$12 million · 0.23%
    2 tonnes

What Malaysia sells to Ireland

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

  1. 203 tonnes
  2. Discs and storage media$55 million · 11.5%
    11 tonnes
  3. 88 tonnes
  4. Palm oil$31 million · 6.4%
    21 thousand tonnes · Malaysia’s destinations
  5. 212 tonnes
  6. Microchips$18 million · 3.8%
    79 tonnes · Malaysia’s destinations
  7. Rubber gloves and clothing$17 million · 3.6%
    2 thousand tonnes
  8. Electrical test instruments$11 million · 2.3%
    20 tonnes
  9. Other industrial machines$10 million · 2%
    107 tonnes
  10. Computers$9 million · 1.9%
    7 tonnes · Malaysia’s destinations

How it travels

Ireland and Malaysia traded $5.9 billion in 2024 (both directions together). They trade mostly by air: 96% of the value travels by plane.

Split by transport mode

  1. Sea$257 million · 4.3%
  2. Air$5.7 billion · 95.7%

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

How much each matters to the other

Malaysia was Ireland’s 13th largest trading partner (1% of its trade), and Ireland was Malaysia’s 20th (0.8%).

Malaysia in Ireland’s trade
1.5%
Malaysia’s rank among Ireland’s partners
13th
Ireland in Malaysia’s trade
0.8%
Ireland’s rank among Malaysia’s partners
20th

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.