Malaysia’s import and export activities
Malaysia’s geographical location gives it a strategic advantage in promoting its import and export activities. Situated at the heart of Southeast Asia - at the crossroads of the maritime route linking the Indian Ocean with the Pacific Ocean- Malaysia serves as an important gateway connecting East Asia, South Asia, the Middle East, and Africa. In particular, its location next to the Strait of Malacca, one of the world’s busiest and most strategic shipping lanes, through which nearly 40% of global seaborne trade passes, not only facilitates Malaysia’s exports to the world but also further reinforces its position as a key transshipment hub in the Asia-Pacific logistics chain.
In addition, Malaysia’s trade activities are also supported by its modern seaport system and logistics infrastructure. Ports such as Port Klang and Tanjung Pelepas are consistently ranked among the busiest container ports in the world, helping Malaysia strengthen its role in regional and global supply chains.
Another significant advantage of Malaysia is its language environment, which is favorable to international integration. English, although not the official language, is widely used and spoken fluently in education, administration, and especially in commerce. Thanks to strong English proficiency, Malaysian enterprises can easily negotiate, sign contracts, and expand trade with many markets without being constrained by language barriers.
Malaysia’s trade activities are quite dynamic, with import and export turnover growing significantly over the past decade. According to ITC Trade Map, Malaysia’s total trade value increased from USD 377.5 billion in 2015 to USD 714.55 billion in 2025.
Malaysia is a net exporter whose trade balance remained in surplus throughout 2015–2025. Its trade surplus rose sharply from USD 24.3 billion in 2015 to a peak of USD 60.97 billion in 2021, the period of strong recovery after the COVID-19 pandemic, before adjusting downward to USD 36.11 billion in 2025.
Table: Malaysia’s import and export turnover, 2015–2025
Unit: USD billion
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2025 |
|
|
Exports |
200.89 |
189.86 |
217.72 |
247.49 |
238.16 |
233.55 |
299.29 |
353.15 |
312.96 |
330.05 |
375.33 |
|
Imports |
176.60 |
168.78 |
195.08 |
217.66 |
204.99 |
189.56 |
238.32 |
295.09 |
265.97 |
300.08 |
339.22 |
|
Balance of Trade |
24.29 |
21.08 |
22.63 |
29.82 |
33.17 |
43.99 |
60.97 |
58.06 |
46.99 |
29.96 |
36.11 |
|
Total import and export turnover |
377.49 |
358.64 |
412.80 |
465.15 |
443.15 |
423.11 |
537.61 |
648.24 |
578.94 |
630.13 |
714.55 |
Source: ITC Trade Map, 2025
Exports
During the 2015–2025 period, Malaysia’s export turnover increased by about 1.9 times, from about USD 201 billion in 2015 to USD 375.33 billion in 2025.
Malaysia’s export structure highlights the prominent role of the manufacturing sector, with electrical and mechanical machinery and equipment (chapters 84 and 85) accounting for nearly half of the country’s export turnover. Mineral fuels are the second-largest export group, accounting for 11.16% of total export value. Malaysia also exports many production inputs such as plastics, iron and steel, aluminum, and chemicals.
Table: Malaysia’s top 10 export products in 2025
|
No. |
Items |
Export value in 2025 (USD billion) |
Share in total exports |
|
1 |
Chapter 85: Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles |
151.18 |
40.28% |
|
2 |
Chapter 27: Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
41.90 |
11.16% |
|
3 |
Chapter 84: Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof |
41.20 |
10.98% |
|
4 |
Chapter 15: Animal, vegetable or microbial fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes |
21.51 |
5.73% |
|
5 |
Chapter 90: Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof |
17.98 |
4.78% |
|
6 |
Chapter 39: Plastics and articles thereof |
9.32 |
2.48% |
|
7 |
Chapter 38: Miscellaneous chemical products |
7.38 |
1.97% |
|
8 |
Chapter 76: Aluminium and articles thereof |
7.24 |
1.93% |
|
9 |
Chapter 40: Rubber and articles thereof |
6.64 |
1.77% |
|
10 |
Chapter 72: Iron and steel |
5.45 |
1.45% |
Source: ITC Trade Map, 2026
Imports
Despite short-term fluctuations, Malaysia’s import turnover has generally maintained a steady upward trend over the past decade, rising from USD 176.6 billion in 2015 to USD 339.22 billion in 2025.
The import structure shows high and stable demand in the Malaysian economy for products serving production, especially machinery, electrical and mechanical equipment, mineral fuels, iron and steel, aluminum, chemicals, and similar goods or items that play a key role in sustaining the country’s manufacturing and processing activities.
Table: Malaysia’s top 10 import products in 2025
|
No. |
Items |
Import value in 2025 (USD billion) |
Share in total imports |
|
1 |
Chapter 85: Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles |
109.43 |
32.26% |
|
2 |
Chapter 84: Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof |
52.71 |
15.54% |
|
3 |
Chapter 27: Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
40.85 |
12.04% |
|
4 |
Chapter 39: Plastics and articles thereof |
9.24 |
2.72% |
|
5 |
Chapter 87: Vehicles other than railway or tramway rollingstock, and parts and accessories thereof |
8.69 |
2.56% |
|
6 |
Chapter 90: Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof |
8.48 |
2.50% |
|
7 |
Chapter 71: Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin |
8.21 |
2.42% |
|
8 |
Chapter 72: Iron and steel |
5.81 |
1.71% |
|
9 |
Chapter 38: Miscellaneous chemical products |
4.99 |
1.47% |
|
10 |
Chapter 88: Aircraft, spacecraft, and parts thereof |
4.94 |
1.46% |
Source: ITC Trade Map, 2026
Source: Center for WTO and International Trade - VCCI
