Malaysia Petroleum Export Data | HS Codes, Buyers & Statistics
Malaysia Petroleum Export Data 2025 | HS Codes, Buyers & Statistics Trade Intelligence · 2025 Malaysia Petroleum Export Data 2025 — HS Codes, Top Buyers & Statistics Verified shipment-level data on Malaysia’s crude oil, refined petroleum & LNG exports — including HS codes 2709, 2710, and 2711 with buyer country breakdown. 📅 Updated: June 2026 🏷️ Category: Malaysia Export Data ⏱️ 8 min read 📋 Table of Contents Malaysia Petroleum Export Overview 2025 Key HS Codes for Petroleum Exports Export Value & Statistics Top Buyer Countries Major Malaysian Petroleum Exporters LNG Exports — Malaysia’s Biggest Energy Asset How to Use Malaysia Petroleum Trade Data FAQ Malaysia Petroleum Export Overview 2025 Malaysia is one of Southeast Asia’s most important energy exporters. The country holds a strategically significant position in global oil and gas markets — serving as the second-largest oil and gas producer in ASEAN and the fifth-largest LNG exporter in the world. In 2025, petroleum and mineral fuels (HS Chapter 27) represented the second-largest export category for Malaysia, accounting for approximately $42.6 billion in total export value. While electronics dominate Malaysia’s export portfolio, petroleum exports remain a critical pillar — especially for energy markets across Asia-Pacific. Malaysia’s petroleum exports span three main product types: Crude petroleum & condensate (HS 2709) — exported mainly to Thailand, Japan, Australia Refined petroleum products (HS 2710) — exported to Singapore, Indonesia, Australia Liquefied Natural Gas (LNG) (HS 2711) — exported to Japan, South Korea, China 📌 Key Fact: PETRONAS operates the Bintulu LNG Complex in Sarawak — one of the world’s largest LNG production facilities, with 9 liquefaction modules and an installed capacity of 24.3 million tons per year. Sarawak alone contributes approximately 90% of Malaysia’s total LNG exports. Total Export Value $42.6B Petroleum (HS 27) · 2025 Share of Total Exports ~8.4% of Malaysia’s $338B exports ASEAN Rank #2 Oil & Gas producer in ASEAN Global LNG Rank #5 LNG exporter worldwide Key HS Codes for Malaysia Petroleum Exports When searching for Malaysia petroleum export data, it is essential to use the correct HS codes. Below is a complete reference table for petroleum-related exports from Malaysia under HS Chapter 27: HS Code Product Description Export Value (2025) Type 2709 Petroleum oils, crude; crude petroleum & condensate ~$20.4B Crude Oil 2710 Petroleum oils, not crude; refined petroleum products ~$14–16B Refined 2711 Petroleum gases; LNG, LPG, natural gas ~$8–10B LNG/Gas 2714 Bitumen and asphalt, natural; bituminous shale Niche Bitumen 2713 Petroleum coke, petroleum bitumen, residues Niche Residues 2712 Petroleum jelly, paraffin wax, mineral waxes Niche Waxes Among these, HS 2709 (crude petroleum) and HS 2710 (refined petroleum) together form the largest bulk of Malaysia’s petroleum export shipments, while HS 2711 (LNG) generates the highest per-unit value and is the most strategically important long-term export product. Malaysia Petroleum Export Value & Statistics 2025 Based on official data from Malaysia’s Department of Statistics (DOSM) and MATRADE, here is a quarterly breakdown of Malaysia’s petroleum export performance in 2025: Quarter Crude Petroleum (RM) Refined Products (RM) LNG (RM) Q3 2024 (baseline) RM 8.2 billion RM 27.9 billion RM 12.7 billion Q1 2025 RM ~8.5 billion RM 24.3 billion RM ~13B Q2 2025 RM 6.3 billion RM 22.7 billion RM ~12B Full Year 2025 (est.) RM ~28–30B RM ~95B RM ~50B 📉 Note on Trend: Malaysia’s crude petroleum export volumes declined in 2025 due to maturing oil fields and lower global crude prices (Brent averaged ~$68/barrel in Q2 2025, down from ~$75.8/barrel in Q1 2025). However, LNG exports remain resilient owing to long-term supply contracts with Japan and South Korea. Petroleum as % of Total Exports (2025) Electronics (HS 85) 39.9% Petroleum (HS 27) ~8.4% Palm Oil (HS 15) 5.3% Chemicals (HS 29) 4.9% Rubber (HS 40) 2.5% Top Buyer Countries for Malaysia Petroleum Exports Malaysia’s petroleum exports serve a diverse mix of regional refining hubs, energy-import-dependent economies, and fast-growing industrial markets. Here is the breakdown by product type: 🛢️ Crude Petroleum & Condensate (HS 2709) — Top Buyers Rank Country Share of Exports Notes 1 🇦🇺 Australia ~29.7% Largest crude buyer (Q2 2025) 2 🇹🇭 Thailand ~26.8% 3 consecutive quarters as top buyer 3 🇯🇵 Japan ~14.6% Long-term refinery partner 4 🇨🇳 China ~10–12% Growing buyer, rising volumes 5 🇮🇳 India ~6–8% Increasing imports since 2024 ⛽ Refined Petroleum Products (HS 2710) — Top Buyers Rank Country Share of Exports Notes 1 🇸🇬 Singapore ~26.8% RM 7.5B; major regional trading hub 2 🇮🇩 Indonesia ~21.9% RM 5.0B; largest ASEAN consumer 3 🇦🇺 Australia ~18.7% Consistent buyer; fuel imports 4 🇵🇭 Philippines ~8–10% Growing fuel demand 5 🇻🇳 Vietnam ~5–7% Industrial fuel requirements 🔵 LNG / Petroleum Gases (HS 2711) — Top Buyers Rank Country Share of LNG Exports Notes 1 🇯🇵 Japan ~40–45% ~14.3 BCM; largest LNG buyer globally 2 🇰🇷 South Korea ~23–25% Long-term LNG contracts via KOGAS 3 🇨🇳 China ~22–26% ~9.7 BCM; fastest-growing buyer 4 🇹🇼 Taiwan ~5% Power generation demand 5 🇮🇳 India ~3–5% Emerging LNG market Major Malaysian Petroleum Exporters & Companies The Malaysian petroleum export sector is dominated by a small number of large players, with PETRONAS at the centre. Key companies involved in Malaysia’s petroleum exports include: Company Products Exported Key Markets PETRONAS (Petroliam Nasional Berhad) Crude oil, LNG, condensate Japan, South Korea, China, Australia Shell Malaysia Refined petroleum, LNG (Sarawak) Singapore, Australia, Europe ExxonMobil Malaysia Tapis crude oil, condensate Japan, Thailand, South Korea PTTEP Sarawak Oil Crude oil, gas Thailand, Asia-Pacific Hibiscus Petroleum Crude oil (North Sabah, Anasuria) Asia-Pacific buyers Murphy Oil (Malaysia) Crude oil, gas — Sarawak blocks Regional buyers 💡 For Importers: If you want access to shipment-level buyer and seller data — including company names, ports, quantities, and invoice values — Malaysia Trade Data provides verified customs records for all petroleum HS codes. Request a free sample here. LNG Exports — Malaysia’s Most Valuable Petroleum Asset While crude oil often gets the headlines, LNG (Liquefied Natural Gas) is Malaysia’s real petroleum export star. Malaysia is the world’s fifth-largest LNG exporter, and LNG generates significantly higher per-unit
