Summary
- Malaysia → Thailand
- $13.6billion
- Thailand → Malaysia
- $13billion
- Malaysia’s balance
- $614million
Balance
Malaysia’s trade balance with Thailand
Trade between Malaysia and Thailand grew 5-fold since 1995
USD billions (current). Malaysia’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 13.6
- Imports 13
- Balance +0.6
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $3.3 billion | $2 billion | $1.3 billion |
| 1996 | $3.7 billion | $2.6 billion | $1.2 billion |
| 1997 | $3.1 billion | $3.2 billion | -$56 million |
| 1998 | $2.3 billion | $2.4 billion | -$54 million |
| 1999 | $2.7 billion | $2.5 billion | $164 million |
| 2000 | $3.8 billion | $3.3 billion | $546 million |
| 2001 | $3.3 billion | $3.1 billion | $191 million |
| 2002 | $3.8 billion | $3.3 billion | $456 million |
| 2003 | $5.1 billion | $4 billion | $1.2 billion |
| 2004 | $5.8 billion | $6.1 billion | -$286 million |
| 2005 | $8.6 billion | $6.6 billion | $2 billion |
| 2006 | $8.7 billion | $7.9 billion | $802 million |
| 2007 | $8.9 billion | $8.3 billion | $600 million |
| 2008 | $10 billion | $9.7 billion | $291 million |
| 2009 | $8.8 billion | $8.2 billion | $579 million |
| 2010 | $11.1 billion | $10.9 billion | $195 million |
| 2011 | $12.5 billion | $12.5 billion | -$30 million |
| 2012 | $12.7 billion | $12.4 billion | $283 million |
| 2013 | $13.2 billion | $12.9 billion | $349 million |
| 2014 | $13 billion | $12.6 billion | $394 million |
| 2015 | $12.2 billion | $11.8 billion | $376 million |
| 2016 | $11 billion | $11 billion | -$9 million |
| 2017 | $11.7 billion | $11.6 billion | $74 million |
| 2018 | $13.7 billion | $12.8 billion | $911 million |
| 2019 | $13.1 billion | $11.6 billion | $1.5 billion |
| 2020 | $11.2 billion | $8.6 billion | $2.6 billion |
| 2021 | $13.1 billion | $12.4 billion | $687 million |
| 2022 | $14.2 billion | $13.4 billion | $823 million |
| 2023 | $13.4 billion | $12.6 billion | $831 million |
| 2024 | $13.6 billion | $13 billion | $614 million |
What they sell each other
What Malaysia sells to Thailand
The top 10 headings in 2024, with their share of the total.
What Thailand sells to Malaysia
The top 10 headings in 2024, with their share of the total.
How it travels
Malaysia and Thailand traded $26.6 billion in 2024 (both directions together). They trade mostly over land: 83% of the value travels by truck, rail or pipeline.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Thailand was Malaysia’s 6th largest trading partner (4% of its trade), and Malaysia was Thailand’s 4th (4%).
- Thailand in Malaysia’s trade
- 3.8%
- Thailand’s rank among Malaysia’s partners
- 6th
- Malaysia in Thailand’s trade
- 4.1%
- Malaysia’s rank among Thailand’s partners
- 4th
Compare with
Other partners of Malaysia
Other partners of Thailand
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.