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Trade between Malaysia and the Philippines

In 2024, Malaysia exported $6.1 billion to the Philippines and imported $2.2 billion. Malaysia ran a surplus of $3.9 billion with the Philippines, compared with a surplus of $2.8 billion in 2019. The Philippines was Malaysia’s 17th largest trading partner (1% of its trade), and Malaysia was the Philippines’ 9th (4%).

Summary

Malaysia → Philippines
$6.1billion
Philippines → Malaysia
$2.2billion
Malaysia’s balance
$3.9billion

Balance

Malaysia’s trade balance with the Philippines

Trade between Malaysia and the Philippines grew 7.5-fold since 1995

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

  • Exports 6.1
  • Imports 2.2
  • Balance +3.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$667 million$456 million$211 million
1996$1 billion$837 million$181 million
1997$1.2 billion$995 million$171 million
1998$1.2 billion$1.4 billion-$188 million
1999$1.2 billion$1.6 billion-$380 million
2000$1.5 billion$1.7 billion-$149 million
2001$1.1 billion$1.9 billion-$803 million
2002$1.5 billion$2.5 billion-$1 billion
2003$1.4 billion$2.8 billion-$1.4 billion
2004$1.9 billion$2.8 billion-$905 million
2005$1.8 billion$3.2 billion-$1.4 billion
2006$2.1 billion$2.9 billion-$847 million
2007$2.8 billion$2.9 billion-$18 million
2008$2.5 billion$2.4 billion$38 million
2009$1.9 billion$1.5 billion$427 million
2010$2.6 billion$3.5 billion-$905 million
2011$2.7 billion$1.7 billion$1.1 billion
2012$2.8 billion$1.8 billion$988 million
2013$2.6 billion$1.7 billion$896 million
2014$3.5 billion$1.3 billion$2.2 billion
2015$3 billion$1.8 billion$1.1 billion
2016$3.6 billion$1.8 billion$1.8 billion
2017$4.4 billion$2.6 billion$1.8 billion
2018$4.6 billion$2.8 billion$1.8 billion
2019$5.1 billion$2.2 billion$2.8 billion
2020$4.4 billion$2.1 billion$2.3 billion
2021$5.7 billion$2.4 billion$3.3 billion
2022$6.6 billion$2.9 billion$3.7 billion
2023$6.2 billion$2.1 billion$4 billion
2024$6.1 billion$2.2 billion$3.9 billion

What they sell each other

What Malaysia sells to the Philippines

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

  1. Refined petroleum$1.4 billion · 23%
    1.8 million tonnes · Malaysia’s destinations
  2. Microchips$723 million · 11.8%
    2 thousand tonnes · Malaysia’s destinations
  3. Palm oil$574 million · 9.4%
    660 thousand tonnes · Malaysia’s destinations
  4. Electrical test instruments$142 million · 2.3%
    472 tonnes
  5. Natural gas and LPG$128 million · 2.1%
    177 thousand tonnes
  6. Semi-finished steel$127 million · 2.1%
    153 thousand tonnes
  7. Air conditioners$121 million · 2%
    10 thousand tonnes · Malaysia’s destinations
  8. Malt extract and food mixes$101 million · 1.7%
    86 thousand tonnes
  9. Other food preparations$83 million · 1.4%
    25 thousand tonnes
  10. Nitrogen fertilizers$83 million · 1.4%
    216 thousand tonnes

What the Philippines sells to Malaysia

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

  1. Microchips$723 million · 32.2%
    868 tonnes · the Philippines’ destinations
  2. Coconut and palm kernel oil$206 million · 9.2%
    187 thousand tonnes
  3. Natural rubber$101 million · 4.5%
    89 thousand tonnes · Malaysia’s sources
  4. Discs and storage media$75 million · 3.4%
    61 tonnes
  5. Computer and office machine parts$73 million · 3.3%
    897 tonnes
  6. Electric motors and generators$68 million · 3%
    11 thousand tonnes
  7. Batteries$67 million · 3%
    22 thousand tonnes
  8. Parts for broadcast equipment$56 million · 2.5%
    104 tonnes
  9. Refined petroleum$55 million · 2.5%
    45 thousand tonnes · Malaysia’s sources
  10. Diodes, transistors and solar cells$47 million · 2.1%
    356 tonnes

How it travels

Estimated sea route from Port Klang to Manila.

The estimated sea route between Port Klang and Manila is 1,596 nautical miles (2,956 km) long: ≈ 3.5–5 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$5.9 billion · 70.3%
  2. Air$2.5 billion · 29.7%

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

How much each matters to the other

The Philippines was Malaysia’s 17th largest trading partner (1% of its trade), and Malaysia was the Philippines’ 9th (4%).

The Philippines in Malaysia’s trade
1.2%
The Philippines’ rank among Malaysia’s partners
17th
Malaysia in the Philippines’ trade
3.5%
Malaysia’s rank among the Philippines’ partners
9th

Compare with

Other partners of Malaysia

Other partners of the Philippines

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.