Flag United States / Malaysia Flag

Exports Flag β†’ Flag  (2018): $12.4B, Rnk 26 / 215

Top Product Flag β†’ Flag (2018): $3.52B, Integrated Circuits

Exports Flag β†’ Flag (2018): $28.3B, Rnk 3 / 208

Top Product Flag β†’ Flag (2018): $7.87B, Integrated Circuits

Economic Complexity of Flag (2018): ECI 1.57, Rnk 9 / 137

Economic Complexity of Flag (2018): ECI 0.97, Rnk 26 / 137

GDP Flag (2018): $20.5T, CURRENT US$
Rnk 1 / 196

GDP GROWTH Flag (2008-2018): 39.6%, CURRENT US$
Rnk 99 / 196

GDP Flag (2018): $359B, CURRENT US$
Rnk 35 / 196

GDP GROWTH Flag (2008-2018): 55.4%, CURRENT US$
Rnk 74 / 196

GDP PC Flag (2018): $62,795, CURRENT US$
Rnk 10 / 196

GDP PC GROWTH Flag (2008-2018): 29.8%, CURRENT US$
Rnk 81 / 196

GDP PC Flag (2018): $11,373, CURRENT US$
Rnk 68 / 196

GDP PC GROWTH Flag (2008-2018): 34.2%, CURRENT US$
Rnk 73 / 196

United States-Malaysia: In 2018, United States exported $12.4B to Malaysia. The main products exported from United States to Malaysia were Integrated Circuits ($3.52B), Crude Petroleum ($404M), and Oscilloscopes ($358M). During the last 23 years the exports of United States to Malaysia have increased at an annualized rate of 1.63%, from $8.51B in 1995 to $12.4B in 2018. In 2011, United States exported services to Malaysia worth $1.35B, with Travel ($511M), Royalties and license fees ($497M), and Transportation ($170M) being the largest in terms of value.

Malaysia-United States: In 2018, Malaysia exported $28.3B to United States. The main products exported from Malaysia to United States were Integrated Circuits ($7.87B), Broadcasting Equipment ($2.16B), and Rubber Apparel ($1.57B). During the last 23 years the exports of Malaysia to United States have increased at an annualized rate of 2.02%, from $17.9B in 1995 to $28.3B in 2018. 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.

Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). That same year, Malaysia ranked 26 in the Economic Complexity Index (ECI 0.97), and 20 in total exports ($270B). In terms of GDP Per Capita, United States was ranked 10 with a GDP Per Capita of $62,795, and Malaysia was ranked 68 with a GDP Per Capita of $11,373.

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2018, United States exported $12.4B to Malaysia. The main products exported from United States to Malaysia were Integrated Circuits ($3.52B), Crude Petroleum ($404M), and Oscilloscopes ($358M). During the last 23 years the exports of United States to Malaysia have increased at an annualized rate of 1.63%, from $8.51B in 1995 to $12.4B in 2018.

In 2018, Malaysia exported $28.3B to United States. The main products exported from Malaysia to United States were Integrated Circuits ($7.87B), Broadcasting Equipment ($2.16B), and Rubber Apparel ($1.57B). During the last 23 years the exports of Malaysia to United States have increased at an annualized rate of 2.02%, from $17.9B in 1995 to $28.3B in 2018.

Market Competitiveness

#permalink to section
Measure

United States
Top Destination
: Mexico, $237B

Malaysia
Top Destination
: Singapore, $36.8B

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

In 2018, countries that imported more from United States than Malaysia were Mexico ($237B), Canada ($190B), and China ($119B).

In 2018, countries that imported more from Malaysia than United States were Singapore ($36.8B), Thailand ($13.9B), and Bangladesh ($2.09B).

Comparative Advantage United States - Malaysia

#permalink to section
Depth

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

During 2018, United States had a large net trade with Malaysia in the exports of Machines ($6.57B), Metals ($968M), and Instruments ($945M).

During 2018, Malaysia had a large net trade with United States in the exports of Machines ($18.8B), Instruments ($2.24B), and Plastics and Rubbers ($2.14B).

Tariff Section

#permalink to section

This sections shows import tariffs for products traded between United States and Malaysia (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter Malaysia were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2016, the products from Malaysia that paid the highest import tariffs to enter United States were Tobacco refuse (1.33k%) and Undenatured ethyl alcohol > 80% by volume (898%).

Explore Tariff Data

*The tariffs present between United States and Malaysia are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Trade Forecasts

#permalink to section

This section shows a forecast for total trade between United States and Malaysia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

#permalink to section

In 2011, United States exported services to Malaysia worth $1.35B, with Travel ($511M), Royalties and license fees ($497M), and Transportation ($170M) being the largest in terms of value.

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.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Malaysia. Similarly, the more red a dot/product is, the more Malaysia has comparative advantage over United States.