Malaysia

Compare Malaysia →

MY · MYS · BACI 458 · latest data 2024

Exports

$409.7B USD, nominal · 2024

= $409,696 M25.8% over 5 yrs (up)

Imports

$300.1B USD, nominal · 2024

= $300,091 M42.7% over 5 yrs (up)

Trade balancesurplus

$109.6B USD, nominal · 2024

= $109,605 M

Total trade

$709.8B USD, nominal · 2024

= $709,787 M32.4% over 5 yrs (up)

World position: #13 of 225 exporters · top 10% · #23 of 225 importers · top 25% · 2024
World export share since 1995: +0.1 pp

Trade timeline

Malaysia's exports grew from $86.3B in 1995 to $409.7B in 2024; the 2024 balance was $109.6B.

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Exports, imports, trade balance and total trade of Malaysia per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$86,250 M	$72,549 M	$13,701 M	$158,800 M
1996	$94,639 M	$75,531 M	$19,107 M	$170,170 M
1997	$98,082 M	$78,869 M	$19,213 M	$176,950 M
1998	$89,094 M	$56,866 M	$32,228 M	$145,960 M
1999	$97,429 M	$63,873 M	$33,557 M	$161,302 M
2000	$117,864 M	$77,101 M	$40,763 M	$194,965 M
2001	$108,203 M	$71,110 M	$37,093 M	$179,313 M
2002	$114,830 M	$75,385 M	$39,445 M	$190,216 M
2003	$132,561 M	$80,418 M	$52,144 M	$212,979 M
2004	$156,539 M	$100,409 M	$56,130 M	$256,948 M
2005	$170,774 M	$109,618 M	$61,156 M	$280,392 M
2006	$189,579 M	$124,268 M	$65,311 M	$313,847 M
2007	$226,761 M	$138,319 M	$88,443 M	$365,080 M
2008	$249,088 M	$152,214 M	$96,873 M	$401,302 M
2009	$205,058 M	$127,862 M	$77,196 M	$332,920 M
2010	$250,015 M	$167,736 M	$82,279 M	$417,750 M
2011	$295,564 M	$192,428 M	$103,136 M	$487,992 M
2012	$278,278 M	$205,140 M	$73,139 M	$483,418 M
2013	$289,390 M	$211,736 M	$77,654 M	$501,125 M
2014	$295,620 M	$212,863 M	$82,757 M	$508,483 M
2015	$267,719 M	$184,854 M	$82,865 M	$452,572 M
2016	$256,263 M	$175,379 M	$80,885 M	$431,642 M
2017	$291,278 M	$207,282 M	$83,996 M	$498,561 M
2018	$328,221 M	$221,358 M	$106,863 M	$549,578 M
2019	$325,727 M	$210,334 M	$115,394 M	$536,061 M
2020	$315,997 M	$197,666 M	$118,331 M	$513,663 M
2021	$376,386 M	$242,073 M	$134,313 M	$618,459 M
2022	$436,247 M	$292,839 M	$143,407 M	$729,086 M
2023	$383,456 M	$273,251 M	$110,205 M	$656,708 M
2024	$409,696 M	$300,091 M	$109,605 M	$709,787 M

30 rows

World share & rank

World export share moved from 1.7% in 1995 to 1.8% in 2024; export rank #15 → #13.

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World export and import share in percent, and world ranks, of Malaysia per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	1.70%	1.43%	#15	#16
1996	1.76%	1.41%	#15	#17
1997	1.75%	1.41%	#15	#17
1998	1.60%	1.02%	#16	#21
1999	1.69%	1.11%	#14	#20
2000	1.81%	1.19%	#13	#17
2001	1.71%	1.13%	#14	#18
2002	1.74%	1.14%	#14	#17
2003	1.73%	1.05%	#15	#20
2004	1.69%	1.09%	#15	#19
2005	1.63%	1.05%	#15	#23
2006	1.57%	1.03%	#16	#25
2007	1.62%	0.99%	#16	#25
2008	1.54%	0.94%	#16	#27
2009	1.65%	1.03%	#15	#26
2010	1.66%	1.12%	#15	#24
2011	1.65%	1.07%	#16	#25
2012	1.54%	1.14%	#19	#24
2013	1.59%	1.16%	#18	#23
2014	1.61%	1.16%	#18	#25
2015	1.67%	1.15%	#17	#24
2016	1.64%	1.12%	#17	#25
2017	1.66%	1.18%	#18	#25
2018	1.72%	1.16%	#16	#24
2019	1.76%	1.14%	#15	#24
2020	1.84%	1.15%	#15	#25
2021	1.76%	1.13%	#16	#25
2022	1.81%	1.21%	#16	#24
2023	1.70%	1.21%	#18	#24
2024	1.79%	1.31%	#13	#23

30 rows

Trading partners

China was Malaysia's top trading partner in 2024, at 22.2% of total trade; the top five partners covered 55.0%.

Year

Top partner share: 22.2%
Top-5 share: 55.0%
Partners: 221
Partner HHI (0–1): 0.090

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China $87.3B

Singapore $51.6B

United States $51.4B

Hong Kong $21.1B

Japan $19.6B

Other Asia, nes $14.4B

Thailand $13.6B

South Korea $12.6B

India $12.1B

Vietnam $11.8B

Mexico $11.6B

Australia $11.5B

Indonesia $10.8B

Germany $10.5B

Saudi Arabia $1.9B

View partner table

Top partners of Malaysia in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	China	$87,316 M	$70,007 M	$157,323 M	$17,308 M
#2	Singapore	$51,606 M	$35,025 M	$86,631 M	$16,581 M
#3	United States	$51,407 M	$26,700 M	$78,106 M	$24,707 M
#4	Japan	$19,635 M	$14,841 M	$34,477 M	$4,794 M
#5	Other Asia, nes	$14,385 M	$19,311 M	$33,696 M	−$4,926 M
#6	Thailand	$13,624 M	$13,010 M	$26,634 M	$614 M
#7	Hong Kong	$21,131 M	$3,550 M	$24,681 M	$17,581 M
#8	South Korea	$12,596 M	$11,851 M	$24,447 M	$744 M
#9	Indonesia	$10,762 M	$13,585 M	$24,346 M	−$2,823 M
#10	India	$12,074 M	$7,996 M	$20,070 M	$4,078 M
#11	Australia	$11,467 M	$7,289 M	$18,756 M	$4,178 M
#12	Vietnam	$11,762 M	$6,385 M	$18,147 M	$5,377 M
#13	Germany	$10,477 M	$6,971 M	$17,448 M	$3,506 M
#14	Mexico	$11,627 M	$1,689 M	$13,317 M	$9,938 M
#15	Saudi Arabia	$1,882 M	$8,210 M	$10,092 M	−$6,328 M

15 rows

Products & sectors

Product composition of Malaysia's trade in 2024.

Year

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Concentration & risk

Malaysia's export partners diversified over 1995–2024 — HHI 0.118 → 0.091, a diversified export base across 221 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Malaysia per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.118	0.116	201	177
1996	0.112	0.105	203	179
1997	0.103	0.103	197	166
1998	0.100	0.103	190	158
1999	0.108	0.102	203	185
2000	0.102	0.102	208	174
2001	0.096	0.090	210	191
2002	0.101	0.087	212	195
2003	0.088	0.084	212	192
2004	0.085	0.080	217	177
2005	0.086	0.078	212	179
2006	0.083	0.074	213	191
2007	0.078	0.073	216	193
2008	0.070	0.075	218	203
2009	0.077	0.073	217	210
2010	0.069	0.071	215	198
2011	0.077	0.073	218	196
2012	0.072	0.075	216	197
2013	0.080	0.076	217	202
2014	0.074	0.077	217	204
2015	0.077	0.083	219	198
2016	0.078	0.082	214	195
2017	0.077	0.085	216	200
2018	0.076	0.083	216	201
2019	0.081	0.086	214	199
2020	0.087	0.091	215	201
2021	0.083	0.097	217	200
2022	0.082	0.092	217	193
2023	0.087	0.093	221	205
2024	0.091	0.093	221	204

30 rows

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