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Trade between Malaysia and New Zealand

In 2024, Malaysia exported $1.3 billion to New Zealand and imported $966 million. Malaysia ran a surplus of $358 million with New Zealand, compared with a surplus of $575 million in 2019. New Zealand was Malaysia’s 31st largest trading partner (0.3% of its trade), and Malaysia was New Zealand’s 10th (2%).

Summary

Malaysia → New Zealand
$1.3billion
New Zealand → Malaysia
$966million
Malaysia’s balance
$358million

Balance

Malaysia’s trade balance with New Zealand

Trade between Malaysia and New Zealand grew 3.9-fold since 1995

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

  • Exports 1.3
  • Imports 1
  • Balance +0.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$250 million$344 million-$94 million
1996$282 million$422 million-$141 million
1997$271 million$444 million-$173 million
1998$256 million$267 million-$11 million
1999$329 million$292 million$37 million
2000$363 million$316 million$47 million
2001$415 million$376 million$39 million
2002$387 million$330 million$57 million
2003$431 million$339 million$91 million
2004$580 million$386 million$194 million
2005$679 million$427 million$252 million
2006$813 million$420 million$393 million
2007$827 million$605 million$222 million
2008$1.4 billion$698 million$724 million
2009$710 million$495 million$215 million
2010$1.1 billion$617 million$494 million
2011$1.2 billion$778 million$395 million
2012$1.5 billion$782 million$730 million
2013$1.7 billion$864 million$797 million
2014$1.9 billion$904 million$1 billion
2015$1.2 billion$830 million$358 million
2016$948 million$689 million$259 million
2017$1.3 billion$792 million$475 million
2018$1.4 billion$809 million$629 million
2019$1.3 billion$770 million$575 million
2020$1.1 billion$728 million$335 million
2021$1.3 billion$745 million$542 million
2022$1.6 billion$963 million$667 million
2023$2 billion$900 million$1.1 billion
2024$1.3 billion$966 million$358 million

What they sell each other

What Malaysia sells to New Zealand

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

  1. Refined petroleum$319 million · 24.1%
    503 thousand tonnes · Malaysia’s destinations
  2. Meal from other oilseeds$154 million · 11.7%
    893 thousand tonnes
  3. Computers$57 million · 4.3%
    293 tonnes · Malaysia’s destinations
  4. Petroleum coke and bitumen$53 million · 4%
    86 thousand tonnes
  5. Nitrogen fertilizers$39 million · 2.9%
    124 thousand tonnes
  6. Palm oil$32 million · 2.4%
    25 thousand tonnes · Malaysia’s destinations
  7. Rapeseed and mustard oil$23 million · 1.7%
    20 thousand tonnes
  8. Plastic sheets and film$21 million · 1.6%
    12 thousand tonnes
  9. Copper bars and profiles$20 million · 1.5%
    2 thousand tonnes
  10. Computer and office machine parts$20 million · 1.5%
    38 tonnes

What New Zealand sells to Malaysia

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

  1. Powdered and condensed milk$332 million · 34.4%
    96 thousand tonnes · New Zealand’s destinations
  2. Butter and milk fats$99 million · 10.3%
    16 thousand tonnes · New Zealand’s destinations
  3. Malt extract and food mixes$53 million · 5.4%
    11 thousand tonnes
  4. Cheese$51 million · 5.3%
    12 thousand tonnes · New Zealand’s destinations
  5. Lamb and goat meat$28 million · 2.9%
    6 thousand tonnes · New Zealand’s destinations
  6. Fresh milk and cream$26 million · 2.7%
    13 thousand tonnes
  7. Other food preparations$25 million · 2.6%
    6 thousand tonnes
  8. Sawn wood$25 million · 2.6%
    43 thousand tonnes
  9. Chemical wood pulp$24 million · 2.5%
    32 thousand tonnes
  10. Casein$21 million · 2.2%
    3 thousand tonnes

How it travels

Estimated sea route from Port Klang to Auckland.

The estimated sea route between Port Klang and Auckland is 5,326 nautical miles (9,864 km) long: ≈ 12.5–16 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$2.1 billion · 89.8%
  2. Air$234 million · 10.2%

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

How much each matters to the other

New Zealand was Malaysia’s 31st largest trading partner (0.3% of its trade), and Malaysia was New Zealand’s 10th (2%).

New Zealand in Malaysia’s trade
0.3%
New Zealand’s rank among Malaysia’s partners
31st
Malaysia in New Zealand’s trade
2.5%
Malaysia’s rank among New Zealand’s partners
10th

Compare with

Other partners of Malaysia

Other partners of New Zealand

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.