Net trade in goods and services in Malaysia
Malaysia: Net trade in goods and services was 22.70 billion BoP, current US$ in 2024. ◆ Volatile
Net trade in goods and services in Malaysia, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for net trade in goods and services in Malaysia is 22.70 billion BoP, current US$, measured in 2024.
Compared with earlier readings it is up 11.1% on the previous year and down 27.6% over ten years.
Over the whole period, net trade in goods and services in Malaysia peaked at 51.31 billion BoP, current US$ in 2008 and was at its lowest, -3.48 billion BoP, current US$, in 1995.
Malaysia ranks 19th of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 751.91 million BoP, current US$ | -163.34 million BoP, current US$ | 1.84 billion BoP, current US$ | 6 |
| 1980s | 904.90 million BoP, current US$ | -2.42 billion BoP, current US$ | 4.46 billion BoP, current US$ | 10 |
| 1990s | 3.33 billion BoP, current US$ | -3.48 billion BoP, current US$ | 19.83 billion BoP, current US$ | 10 |
| 2000s | 29.56 billion BoP, current US$ | 16.18 billion BoP, current US$ | 51.31 billion BoP, current US$ | 10 |
| 2010s | 29.59 billion BoP, current US$ | 19.99 billion BoP, current US$ | 46.44 billion BoP, current US$ | 10 |
| 2020s | 24.17 billion BoP, current US$ | 20.44 billion BoP, current US$ | 29.12 billion BoP, current US$ | 5 |
Countries ranked near Malaysia
- 16 Indonesia 29.39 billion BoP, current US$ compare
- 17 Poland 29.18 billion BoP, current US$ compare
- 18 Peru 27.20 billion BoP, current US$ compare
- 20 Czechia 22.69 billion BoP, current US$ compare
- 21 Thailand 22.33 billion BoP, current US$ compare
- 22 Saudi Arabia 22.16 billion BoP, current US$ compare
More economy & growth data for Malaysia
- Exports of goods and services 335.11 billion current US$ (2025)
- Final consumption expenditure 74.0% (2025)
- Industry (including construction), value added 616.77 billion constant LCU (2025)
- Gross national expenditure 446.04 billion current US$ (2025)
- Gross national expenditure 1.91 trillion current LCU (2025)
- Gross national expenditure 429.96 billion constant 2015 US$ (2025)
- Industry (including construction), value added 4.5% (2025)
- Gross national expenditure 94.5% (2025)
- Industry (including construction), value added 721.58 billion current LCU (2025)
- Exports of goods and services 71.0% (2025)
Frequently asked questions
- What is net trade in goods and services in Malaysia?
- Net trade in goods and services in Malaysia was 22.70 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Malaysia?
- The highest recorded value was 51.31 billion BoP, current US$ in 2008.
- What is the lowest net trade in goods and services recorded in Malaysia?
- The lowest recorded value was -3.48 billion BoP, current US$ in 1995.
- How does Malaysia rank for net trade in goods and services?
- Malaysia ranks 19th out of 199 countries with data for 2024.
- Is net trade in goods and services rising or falling in Malaysia?
- Over the last ten years it is down 27.6%. The long-run trend across the full record is volatile.
- Where does this Malaysia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.