NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $44.9BRnk 3 / 221
2023
Flag → Flag
Top Product $9.62BIntegrated Circuits
2023
Flag → Flag
Exports $18.9BRnk 22 / 220
2023
Flag → Flag
Top Product $4.65BIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC $11,379CURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Malaysia-United States Trade: In 2023, Malaysia exported $44.9B to United States. The main products that Malaysia exported to United States were Integrated Circuits ($9.62B), Semiconductor Devices ($3.76B), and Broadcasting Equipment ($3.56B). Over the past 5 years the exports of Malaysia to United States have increased at an annualized rate of 2.81%, from $39.1B in 2018 to $44.9B in 2023.

In 2010, Malaysia exported services to United States worth $1.83B, with Other business services ($1.11B), Travel ($223M), and Transportation ($211M) being the largest in terms of value.

United States-Malaysia Trade: In 2023, United States exported $18.9B to Malaysia. The main products that United States exported to Malaysia were Integrated Circuits ($4.65B), Aircraft parts (gliders, balloons, and powered aircraft) ($1.04B), and Machinery Having Individual Functions ($697M). Over the past 5 years the exports of United States to Malaysia have increased at an annualized rate of 4.39%,  from $15.3B in 2018 to $18.9B in 2023.

In 2017, United States exported services to Malaysia worth $3B, with Other business services ($847M), Travel ($704M), and Financial services ($651M) being the largest in terms of value.

Comparison: In 2023,  Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Latest Trends

November, 2024

About

Overview In November 2024, Malaysia exported MYR20.3B and imported MYR9.37B from United States, resulting in a positive trade balance of MYR10.9B. Between November 2023 and November 2024 the exports of Malaysia have increased by MYR7.39B (57.3%) from MYR12.9B to MYR20.3B, while imports increased by MYR96M (1.04%) from MYR9.27B to MYR9.37B.

Trade In November 2024, the top exports of Malaysia to United States were Integrated Circuits (MYR2.59B), Telephones (MYR1.01B), Computers (MYR725M), Semiconductor Devices (MYR647M), and Industrial Printers (MYR424M). In November 2024 the top imports of Malaysia from United States were Integrated Circuits (MYR1.91B), Aircraft parts for spacecraft, UAVs, and... (MYR541M), Aluminium Powder (MYR216M), Machines and apparatus of a kind... (MYR179M), and Oscilloscopes (MYR164M).

Growth In November 2024, the increase in Malaysia's year-by-year exports to United States was explained primarily by an increase in product exports in Integrated Circuits (MYR1.05B or 68%), Refined Petroleum (MYR288M or 180k%), and Telephones (MYR215M or 26.9%). In November 2024, the increase in Malaysia's year-by-year imports  from United States was explained primarily by an increase in product imports  in Aluminium Powder (MYR205M or 2k%), Copper Powder (MYR71.9M or 7.46k%), and Reaction and Catalytic Products (MYR66.6M or 2.53k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)MYR7.39B(57.3%)
IMPORT GROWTH (November 2023 - November 2024)MYR96M(1.04%)

This section shows exports and imports data at subnational level for Malaysia. Click any date in the line plot or any product to explore the exports or imports behavior of Malaysia over time.

To check United States and Malaysia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore United States and Malaysia Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malaysia exported $44.9B to United States. The main products exported from Malaysia to United States were Integrated Circuits ($9.62B), Semiconductor Devices ($3.76B), and Broadcasting Equipment ($3.56B). During the last 5 years the exports of Malaysia to United States have increased at an annualized rate of 2.81%, from $39.1B in 2018 to $44.9B in 2023.

In 2018, United States exported $18.9B to Malaysia. The main products exported from United States to Malaysia were Integrated Circuits ($4.65B), Aircraft parts (gliders, balloons, and powered aircraft) ($1.04B), and Machinery Having Individual Functions ($697M). During the last 5 years the exports of United States to Malaysia have increased at an annualized rate of 4.39%, from $15.3B in 2023 to $18.9B in 2018.

Exports from Malaysia (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Malaysia (Flag) (2023)

Market Competitiveness

Color
Malaysia
Top DestinationChina$79.8B
United States
Top DestinationCanada$269B

This map shows whether countries import more from Malaysia or United States. Each country is colored based on the difference in imports they receive from Malaysia and United States or the difference in the growth in imports.

In 2023, countries that imported more from Malaysia than United States included Singapore ($47.3B), Vietnam ($11.4B), and Brunei ($1.96B).

In 2023, countries that imported more from United States than Malaysia included Canada ($269B), Mexico ($243B), and Germany ($94.8B).

Difference in imports from United States (Flag) and Malaysia (Flag) (2023)

Comparative Advantage Malaysia - United States

Flow
Scale

This chart compares trade between Malaysia and United States by product, considering products traded by both, Malaysia and United States.

During 2023, Malaysia had a large net trade with United States in the exports of Machines ($32.5B), Instruments ($3.64B), and Miscellaneous ($2.27B).

During 2018, United States had a large net trade with Malaysia in the exports of Machines ($8.77B), Transportation ($1.84B), and Metals ($1.79B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malaysia United States+$766MComputers
Top Product Potential United States Malaysia+$185MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Malaysia and United States. This means that a dot/product with the flag of Malaysia indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Malaysia.

Product Space of Malaysia (Flag) and United States (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms