statistic

Russia’s Trade with Malaysia

In 2018, Russia’s trade with Malaysia totaled $2,713,194,287, up 26.35% ($565,766,996) from 2017.

Russia’s exports to Malaysia in 2018 totaled $1,086,628,663, up 80.63% ($485,047,730) from 2017.

Russia’s imports from Malaysia in 2018 totaled $1,626,565,624, up 5.22% ($80,719,266) from 2017.

Russia’s trade deficit with Malaysia in 2018 was $539,936,961, a 42.82% decrease ($404,328,464) over 2017.

Malaysia was Russia’s 42nd largest trading partner in 2018 (up from 45th in 2017), accounting for 0.3943% of Russia’s total trade (up from 0.3677% in 2017).

Malaysia was Russia’s 51st largest export market in 2018 (up from 65th in 2017), accounting for 0.2415% of Russia’s total exports (up from 0.1685% in 2017).

Malaysia was Russia’s 31st largest supplier in 2018 (just as in 2017), accounting for 0.6830% of Russia’s total imports (up from 0.6811% in 2017).

Russia’s Exports to Malaysia

The major share of Russian exports to Malaysia in 2018 (and in 2017) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 79.80% of Russia’s total exports to Malaysia (62.95% in 2017);
  • Chemical products (HS codes 28-40) - 10.75% of Russia’s total exports to Malaysia (23.09% in 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 3.57% of Russia’s total exports to Malaysia (5.35% in 2017);
  • Wood and wood products (HS codes 44-49) - 2.49% of Russia’s total exports to Malaysia (2.60% in 2017);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.64% of Russia’s total exports to Malaysia (2.37% in 2017);
  • Metals and products from them (HS codes 72-83) - 1.34% of Russia’s total exports to Malaysia (2.65% in 2017).

The largest gains in Russia’s exports to Malaysia in 2018 over 2017 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $490,590,994;
  • Cereals (HS code 10) - an increase of $13,642,638;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - an increase of $5,740,143;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $5,703,433;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $4,148,392.

The largest declines in Russia’s exports to Malaysia in 2018 over 2017 were recorded for the following product groups:

  • Fertilizers (HS code 31) - a decrease of $22,577,414;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $5,694,442;
  • Tobacco and manufactured tobacco substitutes (HS code 24) - a decrease of $3,605,611.

Russia’s Imports from Malaysia

The major share of Russian imports from Malaysia in 2018 (and in 2017) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 65.57% of Russia’s total imports from Malaysia (65.67% in 2017);
  • Chemical products (HS codes 28-40) - 15.76% of Russia’s total imports from Malaysia (16.20% in 2017);
  • Food products and agricultural raw materials (HS codes 01-24) - 14.04% of Russia’s total imports from Malaysia (14.16% in 2017);
  • Metals and products from them (HS codes 72-83) - 1.45% of Russia’s total imports from Malaysia (0.94% in 2017).

The largest gains in Russia’s imports from Malaysia in 2018 over 2017 were recorded for the following product groups:

  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $109,896,869;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $17,207,643;
  • Miscellaneous edible preparations (HS code 21) - an increase of $11,426,648;
  • Rubber and articles thereof (HS code 40) - an increase of $7,784,178;
  • Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster (HS code 34) - an increase of $6,013,132.

The largest declines in Russia’s imports from Malaysia in 2018 over 2017 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $79,325,651;
  • Miscellaneous chemical products (HS code 38) - a decrease of $7,838,128.

Source