Exporter Rank

78 / 138

Importer Rank

97 / 138

Trade Balance Rank

34 / 138

Total Trade [1]

Total Exports (2021) $11,058,184,373
Total Imports (2021) $8,574,738,526
Trade Balance (2021) $2,483,445,847
Exports of goods and services (% of GDP) (2022) [2] 86.39%
Imports of goods and services (% of GDP) (2022) [2] 60.58%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Singapore $2,368,336,188
Japan $2,248,730,609
China $2,222,938,073
Australia $1,379,143,953
Philippines $552,822,795
Malaysia $550,120,627
Thailand $517,942,647
India $440,543,374
Vietnam $198,627,545
Indonesia $187,931,213

Import Partners

Top 10 Import Countries

Country Import USD$
Malaysia $1,913,821,902
Russia $1,309,232,378
Saudi Arabia $933,270,451
Singapore $745,299,146
China $575,087,359
Australia $436,668,145
Japan $331,732,785
Indonesia $273,928,551
Norway $256,597,170
United States $221,353,611

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(27) Oil & Mineral Fuels $8,699,348,833
(29) Organic Chemicals $1,972,032,361
(84) Industrial Machinery $136,751,492
(88) Aircraft $48,825,654
(03) Seafood $28,287,735
(90) Precision Instruments $19,203,403
(38) Chemical Products $18,433,934
(73) Iron & Steel Articles $16,470,226
(72) Iron & Steel $15,576,650
(87) Motor Vehicles & Parts $15,186,202

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $5,697,902,324
(84) Industrial Machinery $472,861,698
(87) Motor Vehicles & Parts $268,442,409
(85) Electrical Machinery $214,194,695
(30) Pharmaceuticals $150,969,941
(73) Iron & Steel Articles $134,894,928
(90) Precision Instruments $83,740,140
(29) Organic Chemicals $82,257,911
(19) Cereal, Flour & Starch $69,011,730
(38) Chemical Products $63,599,392

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 10/8/2023
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