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Trade between Italy and Malaysia

In 2024, Italy exported $1.8 billion to Malaysia and imported $1.6 billion. Italy ran a surplus of $205 million with Malaysia, compared with a surplus of $306 million in 2019. Malaysia was Italy’s 57th largest trading partner (0.3% of its trade), and Italy was Malaysia’s 25th (0.5%).

Summary

Italy → Malaysia
$1.8billion
Malaysia → Italy
$1.6billion
Italy’s balance
$205million

Balance

Italy’s trade balance with Malaysia

Trade between Italy and Malaysia grew 91% since 1995

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

  • Exports 1.8
  • Imports 1.6
  • Balance +0.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1 billion$700 million$340 million
1996$1.1 billion$773 million$335 million
1997$1.2 billion$688 million$492 million
1998$568 million$641 million-$73 million
1999$613 million$648 million-$35 million
2000$722 million$663 million$59 million
2001$919 million$620 million$300 million
2002$781 million$553 million$228 million
2003$1 billion$753 million$288 million
2004$997 million$861 million$137 million
2005$1.2 billion$882 million$340 million
2006$1.1 billion$1.2 billion-$61 million
2007$1.3 billion$1.3 billion-$38 million
2008$1.4 billion$1.2 billion$171 million
2009$1.3 billion$957 million$385 million
2010$1.4 billion$1.1 billion$238 million
2011$1.5 billion$1.2 billion$294 million
2012$1.7 billion$998 million$699 million
2013$1.8 billion$1 billion$756 million
2014$1.8 billion$913 million$909 million
2015$1.3 billion$973 million$291 million
2016$1.3 billion$1 billion$312 million
2017$1.7 billion$1.1 billion$577 million
2018$1.6 billion$1.4 billion$170 million
2019$1.7 billion$1.3 billion$306 million
2020$1.5 billion$1.3 billion$184 million
2021$1.7 billion$1.9 billion-$182 million
2022$1.9 billion$2 billion-$80 million
2023$1.7 billion$1.7 billion$2 million
2024$1.8 billion$1.6 billion$205 million

What they sell each other

What Italy sells to Malaysia

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

  1. Microchips$122 million · 6.9%
    79 tonnes · Italy’s destinations
  2. Jewelry$115 million · 6.5%
    5 tonnes · Italy’s destinations
  3. Turbojets and gas turbines$112 million · 6.4%
    604 tonnes · Italy’s destinations
  4. 1 thousand tonnes · Italy’s destinations
  5. Electrical test instruments$89 million · 5.1%
    88 tonnes
  6. Aircraft parts$78 million · 4.4%
    1 tonne
  7. Bags, suitcases and cases$60 million · 3.4%
    92 tonnes
  8. Cars$59 million · 3.3%
    1 thousand tonnes · Italy’s destinations
  9. Yachts and pleasure boats$37 million · 2.1%
    521 tonnes
  10. Valves and taps$33 million · 1.9%
    752 tonnes

What Malaysia sells to Italy

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

  1. Palm oil$370 million · 23.7%
    302 thousand tonnes · Malaysia’s destinations
  2. Unwrought aluminum$101 million · 6.5%
    49 thousand tonnes · Malaysia’s destinations
  3. Crude petroleum$79 million · 5.1%
    138 thousand tonnes · Malaysia’s destinations
  4. Air conditioners$76 million · 4.9%
    7 thousand tonnes · Malaysia’s destinations
  5. Industrial fatty acids$72 million · 4.6%
    80 thousand tonnes
  6. Fat and wax residues$69 million · 4.4%
    70 thousand tonnes
  7. Rubber gloves and clothing$66 million · 4.2%
    13 thousand tonnes
  8. Refined petroleum$51 million · 3.3%
    57 thousand tonnes · Malaysia’s destinations
  9. Aluminum wire$47 million · 3%
    19 thousand tonnes
  10. Aircraft parts$32 million · 2.1%

How it travels

Estimated sea route from Genoa to Port Klang.

The estimated sea route between Genoa and Port Klang is 11,679 nautical miles (21,629 km) long: ≈ 27–35 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Gibraltar and the Cape of Good Hope (11,679 nautical miles); and 15% via the Suez Canal and the Bab-el-Mandeb Strait (6,429 nautical miles).

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$2.1 billion · 62%
  2. Air$1.3 billion · 38%

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

How much each matters to the other

Malaysia was Italy’s 57th largest trading partner (0.3% of its trade), and Italy was Malaysia’s 25th (0.5%).

Malaysia in Italy’s trade
0.3%
Malaysia’s rank among Italy’s partners
57th
Italy in Malaysia’s trade
0.5%
Italy’s rank among Malaysia’s partners
25th

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.