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Pricing

2022
Flag → Flag
Exports $44.2BRnk 3 / 218
2022
Flag → Flag
Top Product $9.39BIntegrated Circuits
2022
Flag → Flag
Exports $18.4BRnk 24 / 219
2022
Flag → Flag
Top Product $4.67BIntegrated Circuits
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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GDP PC $11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186
2022
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GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%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).

Latest Trends

June, 2024

About

Overview In June 2024, Malaysia exported MYR15.5B and imported MYR9.12B from United States, resulting in a positive trade balance of MYR6.42B. Between June 2023 and June 2024 the exports of Malaysia have increased by MYR1.91B (14%) from MYR13.6B to MYR15.5B, while imports increased by MYR2.56B (38.9%) from MYR6.57B to MYR9.12B.

Trade In June 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 June 2024 the top imports of Malaysia from United States were Integrated Circuits (MYR1.91B), Aircraft parts including unmanned craft (MYR541M), Aluminium Powder (MYR216M), Machines and apparatus of a kind... (MYR179M), and Oscilloscopes (MYR164M).

Growth In June 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 June 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 (June 2023 - June 2024)MYR1.91B(14%)
IMPORT GROWTH (June 2023 - June 2024)MYR2.56B(38.9%)

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 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 DestinationSingapore$53.8B
United States
Top DestinationCanada$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+N/AN/A

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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