TradeVedia
Global Trade Visual Encyclopedia

Malaysia (MYS)

Annual exports and imports in 2024 (USD).

Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.

Exports
$329.45B
Imports
$299.51B
Total trade
$628.97B
Trade balance
$29.94B
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Malaysia - trade dependency by partner, 2024 (USD)

Share of exports, imports, and total trade attributed to each partner.
Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade
Showing top 10 partners by total dependency.
Rank #1
China (CHN)
Total
16.8%
Exports
12.4%
$41.01B
Imports
21.6%
$64.78B
Total
16.8%
$105.79B
Rank #2
Singapore (SGP)
Total
13.8%
Exports
15.3%
$50.45B
Imports
12.1%
$36.13B
Total
13.8%
$86.58B
Rank #3
USA (USA)
Total
11.3%
Exports
13.2%
$43.43B
Imports
9.2%
$27.60B
Total
11.3%
$71.03B
Rank #4
Japan (JPN)
Total
5.3%
Exports
5.5%
$18.05B
Imports
5.1%
$15.33B
Total
5.3%
$33.38B
Rank #5
Indonesia (IDN)
Total
4.0%
Exports
3.6%
$11.89B
Imports
4.5%
$13.52B
Total
4.0%
$25.41B
Rank #6
Thailand (THA)
Total
4.0%
Exports
3.9%
$12.89B
Imports
4.1%
$12.14B
Total
4.0%
$25.03B
Rank #7
Rep. of Korea (KOR)
Total
3.8%
Exports
3.6%
$11.79B
Imports
4.0%
$12.09B
Total
3.8%
$23.88B
Rank #8
China, Hong Kong SAR (HKG)
Total
3.7%
Exports
5.9%
$19.41B
Imports
1.2%
$3.64B
Total
3.7%
$23.05B
Rank #9
India (IND)
Total
2.9%
Exports
3.5%
$11.39B
Imports
2.3%
$6.85B
Total
2.9%
$18.24B
Rank #10
Viet Nam (VNM)
Total
2.9%
Exports
3.6%
$11.77B
Imports
2.1%
$6.39B
Total
2.9%
$18.16B
Generated by TradeVedia.comSource: UN Comtrade
  • In 2024, Malaysia recorded total trade of $629.0B, comprising $329.5B in exports and $299.5B in imports, yielding a trade surplus of $29.9B.
  • Globally, Malaysia ranked 20th for total trade, 21st for exports, and 21st for imports.
  • The country's top export partner was Singapore, which received goods valued at $50.4B, accounting for 15.3% of total exports.
  • China was the largest source of imports, supplying $64.8B worth of goods, or 21.6% of Malaysia's total import value.
  • The leading product category for both exports and imports was Electrical machinery and equipment (HS2 85), with exports valued at $121.2B and imports at $85.9B.

Top Trade Partners in 2024

Malaysia's trade activities in 2024 were centered around key partners in Asia and North America. The top destinations for Malaysian exports were Singapore ($50.4B), the United States ($43.4B), and China ($41.0B). For imports, China was the most significant partner, providing $64.8B in goods, followed by Singapore and the United States.

See also: SingaporeUnited StatesChina

Key Export and Import Products

Malaysia's trade portfolio underscores its importance in the global electronics and energy sectors. The country's top export in 2024 was Electrical machinery and equipment (HS2 85), which reached a value of $121.2B and made up 36.8% of total exports. The second-largest export category was Mineral fuels and oils (HS2 27) at $47.5B. These two categories were also the top imports, highlighting Malaysia's role as a key hub in international supply chains.

See also: Electrical machinery and equipment (HS2 85)Mineral fuels, mineral oils and products (HS2 27)

Exports

Malaysia - exports over time (Exports), 2015-2024 (USD)

Annual reported export values across available years.
Flow: Exports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade

Top export categories

Largest HS2 categories by export value in the selected year.

#1 • HS 85
Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles
$121.19B
36.8% share
#2 • HS 27
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
$47.47B
14.4% share
#3 • HS 84
Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof
$31.88B
9.7% share
#4 • HS 15
Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes
$18.73B
5.7% share
#5 • HS 90
Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories
$15.49B
4.7% share
#6 • HS 39
Plastics and articles thereof
$9.69B
2.9% share
#7 • HS 40
Rubber and articles thereof
$6.71B
2.0% share
#8 • HS 76
Aluminium and articles thereof
$6.61B
2.0% share
#9 • HS 72
Iron and steel
$6.52B
2.0% share
#10 • HS 38
Chemical products n.e.c.
$6.15B
1.9% share
#11 • HS 29
Organic chemicals
$5.36B
1.6% share
#12 • HS 71
Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
$3.74B
1.1% share
#13 • HS 94
Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.c.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
$3.52B
1.1% share
#14 • HS 18
Cocoa and cocoa preparations
$3.29B
1.0% share
#15 • HS 74
Copper and articles thereof
$2.75B
0.8% share

Malaysia - export composition by product categories (Exports), 2024 (USD)

Largest product categories by export value in the selected year.
Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade

Malaysia - export composition by 4-digit product groups (Exports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.
Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade

Imports

Malaysia - imports over time (Imports), 2015-2024 (USD)

Annual reported import values across available years.
Flow: Imports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade

Top import categories

Largest HS2 categories by import value in the selected year.

#1 • HS 85
Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles
$85.92B
28.7% share
#2 • HS 27
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
$48.96B
16.3% share
#3 • HS 84
Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof
$38.87B
13.0% share
#4 • HS 39
Plastics and articles thereof
$9.08B
3.0% share
#5 • HS 87
Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof
$8.05B
2.7% share
#6 • HS 90
Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories
$7.18B
2.4% share
#7 • HS 71
Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin
$6.52B
2.2% share
#8 • HS 72
Iron and steel
$5.90B
2.0% share
#9 • HS 76
Aluminium and articles thereof
$5.43B
1.8% share
#10 • HS 29
Organic chemicals
$4.76B
1.6% share
#11 • HS 38
Chemical products n.e.c.
$4.68B
1.6% share
#12 • HS 74
Copper and articles thereof
$4.48B
1.5% share
#13 • HS 40
Rubber and articles thereof
$4.13B
1.4% share
#14 • HS 73
Iron or steel articles
$4.07B
1.4% share
#15 • HS 18
Cocoa and cocoa preparations
$3.81B
1.3% share

Malaysia - import composition by product categories (Imports), 2024 (USD)

Largest product categories by import value in the selected year.
Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade

Malaysia - import composition by 4-digit product groups (Imports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.
Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade
Generated by TradeVedia.comSource: UN Comtrade