2022
Flag  
GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC 
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186
2022
Flag
GDP PC
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Malaysia-United States Trade: In 2022, Malaysia exported $44.2B to United States. The main products that Malaysia exported to United States were Integrated Circuits ($9.39B), Broadcasting Equipment ($3.34B), and Semiconductor Devices ($2.13B). Over the past 5 years the exports of Malaysia to United States have increased at an annualized rate of 9.16%, from $28.5B in 2017 to $44.2B in 2022.

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 2022, United States exported $18.4B to Malaysia. The main products that United States exported to Malaysia were Integrated Circuits ($4.67B), Planes, Helicopters, and/or Spacecraft ($1.56B), and Machinery Having Individual Functions ($705M). Over the past 5 years the exports of United States to Malaysia have increased at an annualized rate of 9.05%,  from $12B in 2017 to $18.4B in 2022.

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 2022,  Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Malaysia exported $44.2B to United States. The main products exported from Malaysia to United States were Integrated Circuits ($9.39B), Broadcasting Equipment ($3.34B), and Semiconductor Devices ($2.13B). During the last 5 years the exports of Malaysia to United States have increased at an annualized rate of 9.16%, from $28.5B in 2017 to $44.2B in 2022.

In 2017, United States exported $18.4B to Malaysia. The main products exported from United States to Malaysia were Integrated Circuits ($4.67B), Planes, Helicopters, and/or Spacecraft ($1.56B), and Machinery Having Individual Functions ($705M). During the last 5 years the exports of United States to Malaysia have increased at an annualized rate of 9.05%, from $12B in 2022 to $18.4B in 2017.

Exports from Malaysia (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Malaysia (Flag) (2022)

Market Competitiveness

Color
Malaysia
Top Destination
Singapore$53.8B
United States
Top Destination
Canada$308B

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 2022, countries that imported more from Malaysia than United States included Singapore ($53.8B), Indonesia ($12.5B), and Brunei ($1.92B).

In 2022, countries that imported more from United States than Malaysia included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Malaysia (Flag) (2022)

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 2022, Malaysia had a large net trade with United States in the exports of Machines ($29.9B), Instruments ($3.58B), and Plastics and Rubbers ($2.48B).

During 2017, United States had a large net trade with Malaysia in the exports of Machines ($9.09B), Metals ($1.99B), and Transportation ($1.77B).

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.

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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) (2022)

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