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Malaysia Major Exports by Category and Value

Navigate Malaysia's export landscape with category-by-category analysis and key market insights

Smart card

Main Exported Product

$328.7 b

Market Size

missing data

Highest-Volume Exports

~8.92%

Market Growth Rate

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Malaysia Export Market

AI Insight

Malaysia's export market demonstrates a robust 8.92% growth trajectory for 2024, anchored by a high-value electronics sector and strong energy commodities. Smart cards lead the product rankings at $68.4 billion, while petroleum and palm oil products provide stable secondary revenue streams. Singapore remains the top destination (21.76% share), but the United States is the most dynamic partner, showing 22.49% growth. This data suggests a dual-strength economy leveraging tech manufacturing and natural resources, successfully expanding its footprint in both regional hubs and major Western markets.

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Top 10 Exported Products

AI Insight

In 2024, smart cards (HS 854211) dominated Malaysia's export portfolio with a massive value of $68.4 billion. The energy sector also played a critical role, with petroleum ether and LNG contributing over $39 billion combined. This distribution highlights a strategic balance between high-tech electronics manufacturing and significant natural resource exports.

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Leading Destination Countries

United States: 18.73%Indonesia: 5.1%Thailand: 5.55%Vietnam: 5.08%Republic of Korea: 5.07%India: 4.92%China: 17.67%Japan: 7.76%
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Singapore

21.76%
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United States

18.73%
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China

17.67%
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Hong Kong

8.36%
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Japan

7.76%
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Thailand

5.55%
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Indonesia

5.1%
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Vietnam

5.08%
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Korea, South

5.07%
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India

4.92%
AI Insight

Singapore is the primary trade partner for Malaysia, accounting for 21.76% of total exports in 2024. The United States (18.73%) and China (17.67%) follow as major destinations. Collectively, these three markets receive nearly 58.2% of Malaysia's total export value, emphasizing the importance of these key economic relationships.

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Export Growth Performance

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8.9%Annual Growth
AI Insight

Malaysia's export sector maintains a healthy upward trend, recording an overall growth rate of 8.92%. This performance reflects a resilient trade infrastructure and strong global demand for its core products, positioning the nation favorably within the international market despite varying global economic conditions.

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Emerging Supply Markets

AI Insight

The United States stands out as the fastest-growing major market with a 22.49% growth rate, followed by India at 14.1%. While Singapore remains the largest partner by value, the rapid expansion in the US and Indian markets suggests a successful diversification of trade and increasing penetration into high-growth economies.

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Malaysia Export Requirements

Before Shipment
Obtain Approved Permits (AP) for restricted items from relevant agencies. Secure Halal certification for meat and poultry. Get SIRIM or ST approvals for electronics. Provide Phytosanitary or Veterinary certificates for agri-goods. Ensure compliance with local labeling standards.
Documentation Required
Customs Declaration (Form K1), Commercial Invoice, Packing List, Bill of Lading or Air Waybill, and Certificate of Origin are essential. Additional permits like SIRIM or Halal certificates may be required depending on the specific HS code of the imported goods.

Streamline Malaysia exports: Find exact documentation, permits, and procedures for your HS codes.

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Malaysia free trade agreements and preferential access markets.

Check FTA eligibility for your products: Malaysia trade agreements, qualification criteria, and documentation.

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  • ASEAN Free Trade Area (AFTA)
  • Regional Comprehensive Economic Partnership (RCEP)
  • Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)
  • Malaysia-Japan Economic Partnership Agreement (MJEPA)
  • Malaysia-Australia Free Trade Agreement (MAFTA)
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