How Big Is Malaysia’s Export Trade with Indonesia?

Key Points:

• The top Malaysia exports to Indonesia are Mineral fuels, oils, and distillation products; machinery; nuclear reactors; boilers; Plastics, Electrical and electronic equipment; and Organic chemicals.

• As per Indonesia import data, Indonesia had a trade surplus in 2024, with $498.36 billion in total trade, $264.70 billion in exports, and $233.66 billion in imports. 

• The major Indonesia exports to Malaysia are Mineral fuels, oils, and distillation products; Animal and vegetable fats and oils and cleavage products; Vehicles other than railway and tramway; Iron and steel; and Copper. 

• The top Malaysia trade partners are Singapore, Mainland China, the United States, Hong Kong, and Japan.

• As per Malaysia export data, Malaysia’s exports to Indonesia reached RM?5.11?billion, marking a 13.8% year-on-year increase. 

Due to their shared history, culture, and language, Malaysia and Indonesia are neighbors in Southeast Asia. The economic relationship between Malaysia and Indonesia is one of the most vital trade corridors in Southeast Asia. 

From petroleum products and machinery to chemicals and electronics, Malaysia supplies a wide range of essential goods that support Indonesia’s growing infrastructure and industrial demands. In this blog, we will explore the magnitude of Malaysia's exports to Indonesia, Malaysia's export products, Malaysia's export statistics, Indonesia's import products, Indonesia's import data, and much more. 

Malaysia and Indonesia's Trade Relations

Malaysia and Indonesia share a strong and long-standing bilateral trade relationship. They are important trading partners within ASEAN (Association of Southeast Asian Nations), with Indonesia being Malaysia's second-largest import supplier and fourth-largest export destination. 

In 2022, their bilateral trade exceeded $27 billion, highlighting their economic interdependence

Trade Between Malaysia and Indonesia

According to Malaysia trade data, with US$11.16 billion in exports and US$13.23 billion in imports, Malaysia's total trade with Indonesia in 2023 was US$24.39 billion. Indonesia's top exports to Malaysia were coal briquettes and refined petroleum, while Malaysia's top exports to Indonesia were refined petroleum products. 

Malaysia Exports to Indonesia: Overview

1. Export Scale & Growth

• October 2024: Malaysia’s exports to Indonesia reached RM?5.11?billion, marking a 13.8% year-on-year increase, driven largely by petroleum products, as per Malaysia export statistics.

• Mid-2024: In June 2024, exports to Indonesia dipped to RM?4.23?billion (–6.9%), but rebounded in July to RM?4.52?billion (+9.3%) and stayed robust through May at RM?4.30?billion (+2.6%).

Quick Snapshot: Malaysia Exports to Indonesia

Top Malaysia Exports to Indonesia

Here is the list of major exports of Malaysia, or Malaysia's exports to Indonesia: 

So, these are the top Malaysia exports to Indonesia. To view the exact insights on Malaysia export data, the Indonesia importers list. Indonesia from Malaysia or Indonesia Import Data—connect with our platform. 

For more Information, you can read your other blogs: Latest Updated Blogs

List of Top Indonesia Exports to Malaysia

Here is the list of top Indonesia exports to Malaysia:

So, these are the top Indonesia exports to Malaysia. To know the exact statistics on Malaysia exports, Indonesia import products, Malaysia export statistics, or Indonesia imports, connect with IndonesiaTradeData.com

Malaysia Export-Import Data Analysis

According to Malaysia trade data, the country's trade doubled by 13.3% to RM234.73 billion in January 2024, following ten consecutive months of year-over-year decline. Exports rose by 8.7% to RM122.43 billion in February 2024, according to Malaysian export data.

In 2023, Malaysia—which is made up of Peninsular Malaysia and East Malaysia, two Southeast Asian landmasses of similar size—exported goods worth US$312.7 billion worldwide. That amount was $238.2 billion in 2019, a 31.3% increase from the previous year.

According to Malaysian export data, Malaysian exports fell -11.5% year over year from $353.1 billion in 2022, according to official data from Malaysia Exim Data. The value of the Malaysian ringgit has dropped by -10.1% versus the US dollar since 2019 and by -3.6% between 2022 and 2023, according to the average exchange rate for 2023. 

List of Malaysia Trade Partners

Here is the list of Malaysia's trade partners:

• Singapore

• Mainland China

• United States

• Hong Kong

• Japan

• Thailand

• South Korea

• Vietnam

• Indonesia

• Australia

• India

• Taiwan

• Netherlands 

• Germany

• Philippines

Thus, these are the biggest Malaysia trade partners. Malaysia's top trading partners are the United States, China, and Singapore. To know the exact insights on Malaysia exports to Indonesia, connect with IndonesiaTradeData.com

Indonesia Import data: 2024-25

According to Indonesia import data, Indonesia had a trade surplus in 2024, with $498.36 billion in total trade, $264.70 billion in exports, and $233.66 billion in imports. 

Important imports include iron and steel, machinery, and mineral fuels. Major import partners include China, Japan, and Singapore.

Indonesia Trade Breakdown

Below are the trade insights for Indonesia:

Documents Needed for Trade Between Malaysia and Indonesia

Here is the list of top Malaysian trades with Indonesia:

• Commercial Invoice

• Packing List

• Bill of Lading (or Air Waybill)

• Certificate of Origin

• Export Declaration

• Insurance Certificate

• Import Permits/Licenses

• Customs Import Declaration

• Insurance Certificate

• Customs Regulations

How to Find Importers from Indonesia?

To start using IndonesiaTradeData.com to find the leading exporters or Indonesia importers lists, visit the website. Our platform provides thorough data on Malaysian exporters, Malaysian export data, and Malaysian trade partners

For more in-depth information, you can filter results by date, country of origin, and port of entry. IndonesiaTradeData.com is an effective tool for finding and contacting verified importers in Indonesia or updated Malaysia HS Code.

Final Words!

Thus, Malaysia's monthly exports to Indonesia, which are primarily driven by the chemical, machinery, and petroleum industries, total between RM 4 and RM 5 billion. This bilateral trade is in a strong position to expand and diversify through regional trade agreements such as the RCEP and ASEAN frameworks. Deeper trade integration in the upcoming years is made possible by Malaysia's export capabilities as well as Indonesia's changing economic needs, particularly in the areas of manufacturing, infrastructure, and energy.

However, if you still have any queries regarding Malaysia exports to Indonesia, Indonesia import data, or Malaysia export data, connect with our team of experts and schedule a free live demo today.

Recommended Blogs: List of Pharmaceutical Products Exports From Indonesia
Top 10 Indonesia Textile Exporters in 2025

Frequently Asked Questions

1) What are the top products that Malaysia exports to Indonesia?

The top products that Malaysia exports to Indonesia are Mineral fuels, oils, and distillation products; Machinery, nuclear reactors, boilers, Plastics, Electrical and electronic equipment, Organic chemicals, and Iron and steel. 

2) How can businesses benefit from accessing Malaysia's export data?

Businesses can gain a lot from accessing Malaysia's export data, such as discovering new markets, comprehending rival tactics, and maximising marketing initiatives.

3) What is included in Indonesia's most common import categories?

The top Indonesia import categories are mineral fuels, oils, distillation products, machinery, nuclear reactors, boilers, and Electrical, electronic equipment

4) Where can I access the latest Indonesia import data for business research?

At IndonesiaTradeData.com, you can access the latest Indonesia import data for business research. Also, you can explore the Indonesia exporters list, importers list, HS Codes, and much more. 

5) Who are Malaysia’s major trading partners in Southeast Asia and beyond?

Malaysia’s major trading partners in South Asia are China, Singapore, the United States, Hong Kong, and Japan. 

6) How does the Malaysian HS code system help in international trade?

The Malaysian HS (Harmonised System) code system, commonly referred to as the tariff code, offers a standardised method for categorising traded goods, which is essential for promoting international trade. 

7) Can I get a comprehensive HS code list for Malaysian exports?

Yes, you can get the comprehensive HS Code list for Malaysian exports. The complete list of HS Codes for various products is available on IndonesiaTradeData.com. 

8) How can an Indonesia importer's list improve B2B outreach?

A list of Indonesian importers can greatly improve business-to-business (B2B) communication by offering precise leads, comprehensive company details, and market trends, which will ultimately result in more successful and efficient business development initiatives.