Summary
- Malaysia → Nigeria
- $550million
- Nigeria → Malaysia
- $1.1billion
- Malaysia’s balance
- -$582million
Balance
Malaysia’s trade balance with Nigeria
Trade between Malaysia and Nigeria grew 59.9-fold since 1995
USD billions (current). Malaysia’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 0.6
- Imports 1.1
- Balance -0.6
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $23 million | $5 million | $18 million |
| 1996 | $21 million | $5 million | $16 million |
| 1997 | $23 million | $3 million | $19 million |
| 1998 | $34 million | $2 million | $32 million |
| 1999 | $44 million | $7 million | $37 million |
| 2000 | $37 million | $8 million | $29 million |
| 2001 | $40 million | $4 million | $36 million |
| 2002 | $62 million | $3 million | $59 million |
| 2003 | $77 million | $604 thousand | $76 million |
| 2004 | $54 million | $3 million | $51 million |
| 2005 | $183 million | $13 million | $170 million |
| 2006 | $80 million | $21 million | $60 million |
| 2007 | $119 million | $29 million | $90 million |
| 2008 | $143 million | $41 million | $102 million |
| 2009 | $268 million | $37 million | $231 million |
| 2010 | $249 million | $1 billion | -$766 million |
| 2011 | $720 million | $349 million | $371 million |
| 2012 | $301 million | $100 million | $200 million |
| 2013 | $406 million | $449 million | -$43 million |
| 2014 | $418 million | $306 million | $112 million |
| 2015 | $646 million | $317 million | $329 million |
| 2016 | $794 million | $221 million | $573 million |
| 2017 | $424 million | $194 million | $229 million |
| 2018 | $609 million | $278 million | $331 million |
| 2019 | $664 million | $217 million | $447 million |
| 2020 | $744 million | $211 million | $533 million |
| 2021 | $937 million | $377 million | $561 million |
| 2022 | $886 million | $549 million | $337 million |
| 2023 | $614 million | $418 million | $196 million |
| 2024 | $550 million | $1.1 billion | -$582 million |
What they sell each other
What Malaysia sells to Nigeria
The top 10 headings in 2024, with their share of the total.
What Nigeria sells to Malaysia
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Port Klang and Lagos is 8,257 nautical miles (15,292 km) long: ≈ 19–24.5 days at sea (at 18 and 14 knots).
Passages it crosses: Cape of Good Hope.
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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Nigeria was Malaysia’s 36th largest trading partner (0.2% of its trade), and Malaysia was Nigeria’s 17th (2%).
- Nigeria in Malaysia’s trade
- 0.2%
- Nigeria’s rank among Malaysia’s partners
- 36th
- Malaysia in Nigeria’s trade
- 1.5%
- Malaysia’s rank among Nigeria’s partners
- 17th
Compare with
Other partners of Malaysia
Other partners of Nigeria
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.