Which ASEAN economies exported more goods than they imported?

Malaysia's merchandise exports exceeded imports by US$47.1 billion in 2023; only Singapore recorded a larger surplus in this 10-economy source table.

How the numbers were calculated

PulseKita uses the fixed 2023 trade-in-goods table in ASEAN Member States: Selected Key Indicators 2023. Export coverage is exports divided by imports × 100: above 100 indicates a merchandise surplus and below 100 a deficit. The underlying US-dollar export, import and balance values remain attached in the dataset and notes. Timor-Leste is not inserted from another release because this fixed source table covers the ten ASEAN member states reported in that publication.

• Malaysia exported US$312.6 billion and imported US$265.5 billion of merchandise in 2023, a surplus of US$47.1 billion.
• Malaysia's merchandise balance was the second-largest surplus in the 10-economy source table, at #2/10 when balances are ordered from highest surplus to deepest deficit.
• The chart's 117.7% coverage ratio means Malaysia exported about US$117.7 for every US$100 of merchandise imports.
• The coverage ratio is a visualization of balance direction and intensity, not a replacement for the underlying US-dollar trade balance.
• This is merchandise trade from ASEANstats and should not be mixed with balance-of-payments goods or goods-and-services series from a different statistical framework.