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Trade between Malaysia and the United States

In 2024, Malaysia exported $51.4 billion to the United States and imported $26.7 billion. Malaysia ran a surplus of $24.7 billion with the United States, compared with a surplus of $23.8 billion in 2019. The United States was Malaysia’s 3rd largest trading partner (11% of its trade), and Malaysia was the United States’ 18th (2%).

Summary

Malaysia → United States
$51.4billion
United States → Malaysia
$26.7billion
Malaysia’s balance
$24.7billion

Balance

Malaysia’s trade balance with the United States

Trade between Malaysia and the United States grew 2.5-fold since 1995

USD billions (current). Malaysia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 51.4
  • Imports 26.7
  • Balance +24.7

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$18.3 billion$12.4 billion$5.9 billion
1996$18.5 billion$8.9 billion$9.6 billion
1997$18.6 billion$10.3 billion$8.4 billion
1998$19.5 billion$8.8 billion$10.8 billion
1999$22.1 billion$8.2 billion$14 billion
2000$23.9 billion$9.4 billion$14.5 billion
2001$21 billion$8.7 billion$12.3 billion
2002$24.4 billion$8.9 billion$15.5 billion
2003$25.1 billion$7.2 billion$17.8 billion
2004$27.8 billion$10.2 billion$17.6 billion
2005$34 billion$9.6 billion$24.4 billion
2006$37.7 billion$11.1 billion$26.5 billion
2007$35.3 billion$11.5 billion$23.9 billion
2008$31.5 billion$9.9 billion$21.5 billion
2009$23.4 billion$10.4 billion$13 billion
2010$25.8 billion$13 billion$12.7 billion
2011$25.6 billion$17.8 billion$7.8 billion
2012$26.2 billion$12.8 billion$13.5 billion
2013$27.2 billion$15.8 billion$11.4 billion
2014$30.1 billion$15.9 billion$14.2 billion
2015$33.2 billion$14.1 billion$19.1 billion
2016$35.7 billion$13.3 billion$22.4 billion
2017$36.6 billion$13.2 billion$23.3 billion
2018$38.7 billion$15.6 billion$23.1 billion
2019$39.8 billion$16 billion$23.8 billion
2020$43 billion$16.1 billion$26.9 billion
2021$39.4 billion$17.5 billion$21.9 billion
2022$52.8 billion$21.4 billion$31.4 billion
2023$44.8 billion$19.2 billion$25.5 billion
2024$51.4 billion$26.7 billion$24.7 billion

What they sell each other

What Malaysia sells to the United States

The top 10 headings in 2024, with their share of the total.

  1. Microchips$9.4 billion · 18.4%
    2 thousand tonnes · Malaysia’s destinations
  2. 11 thousand tonnes
  3. 23 thousand tonnes
  4. 693 thousand tonnes
  5. Discs and storage media$3.3 billion · 6.4%
    4 thousand tonnes
  6. 25 thousand tonnes
  7. Medical and dental instruments$1.4 billion · 2.6%
    17 thousand tonnes · Malaysia’s destinations
  8. Other industrial machines$1.3 billion · 2.6%
    24 thousand tonnes
  9. Furniture$1.3 billion · 2.6%
    343 thousand tonnes · Malaysia’s destinations
  10. Rubber gloves and clothing$1.3 billion · 2.5%
    233 thousand tonnes

What the United States sells to Malaysia

The top 10 headings in 2024, with their share of the total.

  1. Microchips$7.7 billion · 28.9%
    805 tonnes · the United States’ destinations
  2. Other industrial machines$1.6 billion · 6.1%
    6 thousand tonnes
  3. Computers$1.5 billion · 5.5%
    6 thousand tonnes · the United States’ destinations
  4. Turbojets and gas turbines$1.1 billion · 4.3%
    957 tonnes · the United States’ destinations
  5. Airplanes and helicopters$911 million · 3.4%
    1 thousand tonnes · the United States’ destinations
  6. Crude petroleum$812 million · 3%
    1.3 million tonnes · the United States’ destinations
  7. Aircraft parts$734 million · 2.8%
    39 tonnes
  8. Unwrought aluminum$554 million · 2.1%
    536 thousand tonnes · the United States’ destinations
  9. Polyethylene$539 million · 2%
    626 thousand tonnes · the United States’ destinations
  10. Electrical test instruments$446 million · 1.7%
    608 tonnes

How it travels

Estimated sea route from Port Klang to Los Angeles.

The estimated sea route between Port Klang and Los Angeles is 8,236 nautical miles (15,253 km) long: ≈ 19–24.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Malacca and Singapore.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$25.7 billion · 33%
  2. Air$52.4 billion · 67%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

The United States was Malaysia’s 3rd largest trading partner (11% of its trade), and Malaysia was the United States’ 18th (2%).

The United States in Malaysia’s trade
11%
The United States’ rank among Malaysia’s partners
3rd
Malaysia in the United States’ trade
1.6%
Malaysia’s rank among the United States’ partners
18th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.