Applied tariffs
Simple average MFN applied
2023
*
9.7 %
Trade-weighted MFN average
2023
*
7.3 %
Share of MFN duty-free
2023
37.1 %
Bound tariffs
Simple average bound
*
26.8 %
Binding coverage
75.9 %
Share of bound duty-free
6.2 %
Imports
Total imports: 285,611.3 million USD in 2023
Imports by partner
China
24.8 %
70,800.4
million USD
Japan
10.9 %
31,191.3
million USD
European Union
6.9 %
19,743.9
million USD
United States of America
6.8 %
19,493.8
million USD
Chinese Taipei
5.8 %
16,604.5
million USD
United Arab Emirates
5.7 %
16,284.5
million USD
Malaysia
4.6 %
13,243.8
million USD
Korea, Republic of
3.0 %
8,666.4
million USD
Indonesia
2.9 %
8,350.7
million USD
Singapore
2.9 %
8,178.7
million USD
Rest of the World
25.6 %
73,053.5
million USD
Imports by products HS 2022
270900
Petroleum oils and oils obtained from bituminous minerals, crude
11.6 %
33,180.8
million USD
271111
Natural gas, liquefied
2.9 %
8,396.2
million USD
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
2.7 %
7,660.9
million USD
854239
Electronic integrated circuits (excl. such as processors, controllers, memories and amplifiers)
2.5 %
7,183.9
million USD
854231
Electronic integrated circuits as processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
2.0 %
5,679.1
million USD
854290
Parts of electronic integrated circuits, n.e.s.
1.7 %
4,967.6
million USD
851713
Smartphones for wireless networks
1.4 %
3,917.1
million USD
732690
Articles of iron or steel, n.e.s. (excl. cast articles or articles of iron or steel wire)
1.1 %
3,265.6
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
1.1 %
3,013.5
million USD
740311
Copper, refined, in the form of cathodes and sections of cathodes
1.0 %
2,988.3
million USD
Rest of the products
71.9 %
205,358.3
million USD
Exports
Total exports: 285,074.1 million USD in 2023
Exports by destination
United States of America
17.0 %
48,475.4
million USD
China
12.0 %
34,173.3
million USD
Japan
8.6 %
24,594.1
million USD
European Union
7.7 %
21,991.6
million USD
Australia
4.3 %
12,214.6
million USD
Malaysia
4.2 %
11,965.1
million USD
Viet Nam
3.9 %
11,217.5
million USD
Hong Kong, China
3.9 %
11,097.1
million USD
Singapore
3.6 %
10,240.0
million USD
India
3.5 %
10,115.9
million USD
Rest of the World
31.2 %
88,989.4
million USD
Exports by products HS 2022
847170
Storage units for automatic data-processing machines
2.9 %
8,217.2
million USD
870421
Motor vehicles for the transport of goods, with only compression-ignition internal combustion piston engine "diesel or semi-diesel", of a gross vehicle weight <= 5 t (excl. dumpers for off-highway use of subheading 8704.10 and special purpose motor vehicles of heading 8705)
2.8 %
8,021.4
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
2.5 %
7,054.8
million USD
854239
Electronic integrated circuits (excl. such as processors, controllers, memories and amplifiers)
2.4 %
6,975.1
million USD
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
2.1 %
5,955.9
million USD
851762
Machines for the reception, conversion and transmission or regeneration of voice, images or other data, incl. switching and routing apparatus (excl. telephone sets, telephones for cellular networks or for other wireless networks)
1.7 %
4,851.8
million USD
100630
Semi-milled or wholly milled rice, whether or not polished or glazed
1.6 %
4,580.0
million USD
841510
Air conditioning machines designed to be fixed to a window, wall, ceiling or floor, self-contained or "split-system"
1.5 %
4,223.7
million USD
081060
Fresh durians
1.4 %
4,124.9
million USD
850440
Static converters
1.4 %
3,977.4
million USD
Rest of the products
79.7 %
227,091.9
million USD