About

Exports In 2022, Malaysia exported $10.2B in Crude Petroleum, making it the 24th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 5th most exported product in Malaysia. The main destination of Crude Petroleum exports from Malaysia are: Australia ($2.22B), Thailand ($1.97B), China ($1.95B), India ($1.25B), and Brunei ($1.19B).

The fastest growing export markets for Crude Petroleum of Malaysia between 2021 and 2022 were China ($1.04B), Thailand ($893M), and India ($480M).

Imports In 2022, Malaysia imported $12.2B in Crude Petroleum, becoming the N/A largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the N/A most imported product in Malaysia. Malaysia imports Crude Petroleum primarily from: N/A.

The fastest growing import markets in Crude Petroleum for Malaysia between 2021 and 2022 were Saudi Arabia ($4.91B), United Arab Emirates ($1.16B), and Kuwait ($448M).

Historical Data

Trade Balance

Color
EXPORTS (2022)$10.2B
IMPORTS (2022)$12.2B
NET TRADE (2022)-$2.04B

In 2022, Malaysia exported $10.2B in Crude Petroleum. The main destinations of Malaysia exports on Crude Petroleum were Australia ($2.22B), Thailand ($1.97B), China ($1.95B), India ($1.25B), and Brunei ($1.19B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Malaysia WERE (2021 - 2022):
China$1.04B (114%)
Thailand$893M (83%)
India$480M (62.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Malaysia WERE (2021 - 2022):
New Zealand-$137M (-100%)
Indonesia-$76.7M (-84.8%)
Pakistan-$34.7M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Malaysia's main exporting competitors in Crude Petroleum were:
In 2022, Malaysia's main importing competitors in Crude Petroleum were:

Explore Visualizations

Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.33B
TOP IMPORT POTENTIALNigeria+ $251M

Crude Petroleum’s highest export potential is India. With an export gap of $1.33B.   Crude Petroleum’s highest import potential is Nigeria with an import gap of $251M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with