Malaysia: Trade balance, in dollars

* indicates monthly or quarterly data series
 Malaysia

Trade balance, billion USD

 Latest value 20.44
 Year 2023
 Measure billion U.S. dollars
 Data availability 1974 - 2023
 Average 14.73
 Min - Max -3.48 - 51.31
 Source The World Bank
For that indicator, we provide data for Malaysia from 1974 to 2023. The average value for Malaysia during that period was 14.73 billion U.S. dollars with a minimum of -3.48 billion U.S. dollars in 1995 and a maximum of 51.31 billion U.S. dollars in 2008. The latest value from 2023 is 20.44 billion U.S. dollars. For comparison, the world average in 2023 based on 112 countries is 6.39 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Malaysia - Trade balance, in dollars - Recent values chart

Historical chart
Malaysia - Trade balance, in dollars - historical chart - 1974-2023




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

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 Related indicators Latest value Reference Measure
 Terms of trade 104.95 2021 percent
 Trade openness 146.66 2022 percent
 Financial openness -0.166 2021 index points
 Exports, percent of GDP 76.95 2022 percent
 Exports, billion dollars 273.43 2023 billion U.S. dollars
 Growth of exports 14.49 2022 percent
 Imports, percent of GDP 69.71 2022 percent
 Imports, billion dollars 253.48 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 3.62 2022 percent
 Foreign Direct Investment, billion dollars 14.73 2022 billion U.S. dollars
 Portfolio investment inflows, equities 4,167.22 2022 million dollars (current)
 Current account, percent of GDP 3.50 2022 percent
 Current account, in dollars 12.27 2022 billion U.S. dollars
 Trade balance, percent of GDP 7.24 2022 percent
 Trade balance, in dollars 20.44 2023 billion U.S. dollars
 Reserves 114.66 2022 billion U.S. dollars
 Remittances, percent of GDP 0.40 2022 percent
 Remittances 1,619.58 2022 million U.S. dollars
 Net errors and omissions -3,386.63 2022 million USD
 Foreign exchange reserves 110.10 9/2023 billion
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