Overall Exports and Imports for Malaysia 2023
- The total value of exports (FOB) is US$ 312,605 million.
- The total value of imports (CIF) is US$ 265,638 million.
- At the HS6 digit level, 4,232 products are exported to 224 countries and 4,452 products are imported from 211 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Malaysia along with trade value are:
- Malaysia exported Monolithic integrated circuits, digital , worth 65,550,590.61 (US$ Thousands).
- Malaysia exported Petroleum oils, etc, (excl. crude); preparation , worth 29,353,596.50 (US$ Thousands).
- Malaysia exported Natural gas, liquefied , worth 13,068,791.55 (US$ Thousands).
- Malaysia exported Parts of electronic integrated circuits and mic , worth 9,422,952.01 (US$ Thousands).
- Malaysia exported Palm oil (excl. crude) and liquid fractions , worth 8,879,324.12 (US$ Thousands).
The top five imported HS 6 digit level products from world by Malaysia along with trade value are
- Malaysia imported Monolithic integrated circuits, digital , worth 34,927,175.71 (US$ Thousands).
- Malaysia imported Petroleum oils, etc, (excl. crude); preparation , worth 28,560,387.38 (US$ Thousands).
- Malaysia imported Petroleum oils and oils obtained from bituminou , worth 13,525,757.77 (US$ Thousands).
- Malaysia imported Parts of electronic integrated circuits and mic , worth 9,059,803.58 (US$ Thousands).
- Malaysia imported Transmission apparatus, for radioteleph incorpo , worth 4,996,591.55 (US$ Thousands).
Malaysia top 5 Export and Import partners 2023
The top five countries to which Malaysia exported 2023 along with the partner share in percentage are:
- Malaysia exports to Singapore worth US$ 48,092 million, with a partner share of 15.38 percent.
- Malaysia exports to China worth US$ 42,145 million, with a partner share of 13.48 percent.
- Malaysia exports to United States worth US$ 35,455 million, with a partner share of 11.34 percent.
- Malaysia exports to Hong Kong, China worth US$ 19,698 million, with a partner share of 6.30 percent.
- Malaysia exports to Japan worth US$ 18,791 million, with a partner share of 6.01 percent.
The top five countries to which Malaysia imported goods 2023 along with the share in percentage are
- Malaysia imports from China worth US$ 56,709 million, with a partner share of 21.35 percent.
- Malaysia imports from Singapore worth US$ 31,528 million, with a partner share of 11.87 percent.
- Malaysia imports from United States worth US$ 19,528 million, with a partner share of 7.35 percent.
- Malaysia imports from Other Asia, nes worth US$ 18,374 million, with a partner share of 6.92 percent.
- Malaysia imports from Japan worth US$ 15,556 million, with a partner share of 5.86 percent.
Malaysia Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Malaysia Raw materials exports are worth US$ 13,751 million, product share of 4.40%.
- Malaysia Raw materials imports are worth US$ 34,644 million, product share of 13.04%.
- Malaysia Intermediate goods exports are worth US$ 56,146 million, product share of 17.96%.
- Malaysia Intermediate goods imports are worth US$ 56,738 million, product share of 21.36%.
- Malaysia Consumer goods exports are worth US$ 94,913 million, product share of 30.36%.
- Malaysia Consumer goods imports are worth US$ 65,608 million, product share of 24.70%.
- Malaysia Capital goods exports are worth US$ 146,329 million, product share of 46.81%.
- Malaysia Capital goods imports are worth US$ 107,913 million, product share of 40.62%.
Malaysia Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.10.
- Index of export market penetration is 0.10.
- World Growth in percentage is 0.10 and Malaysia Country Growth is -6.53.
Malaysia Service Trade data from WDI 2023
- Malaysia, Service imports (BoP, current US$) is 52,196,494,026.16.
- Malaysia, Service exports (BoP, current US$) is 42,671,310,828.96.
- Malaysia, Imports of goods and services as percentage of GDP is 63.48 %.
- Malaysia, Exports of goods and services as percentage of GDP is 68.58 %.