Country import demand

Malaysia
import demand

A reported view of Malaysia's import scale, sector demand, supplier breadth, economy, and trade history.

MYS1995-2024 coverage1,080 active partner marketsMacro trend resilient
Latest imports$318.3B2024 reported
Import growth+12.5%Year on year
Population35.6MReported population
GDP per capita$11.9KCurrent-dollar GDP
Trade openness136.1%Exports + imports / GDP

The country import read

What does Malaysia import?

In 2024, Malaysia recorded $318.3B in reported imports. Imports changed +12.5% year on year and +8.7% annualized over three years. Electrical machinery was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$220.1B
2014
$220.4B
2015
$186.9B
2016
$174.3B
2017
$197.2B
2018
$216.0B
2019
$209.6B
2020
$197.2B
2021
$247.8B
2022
$306.2B
2023
$283.0B
2024
$318.3B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$422.2B2024 macro context
GDP growth2.9%Five-year CAGR
Population growth1.2%Five-year CAGR
Investment rate23.7%National rate
Savings rate32.2%National rate
Trade openness136.1%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Malaysia
RankSectorImportsShareImport partnersActive HS6
1Electrical machineryHS2 85$86.9B27.3%157262
2Mineral fuelsHS2 27$48.4B15.2%9942
3MachineryHS2 84$43.5B13.7%154515
4Animal and vegetable fatsHS2 15$2.3B0.7%9648
5Optical and medical instrumentsHS2 90$7.4B2.3%144142
6PlasticsHS2 39$10.1B3.2%150129
7RubberHS2 40$3.7B1.2%11680
8AluminiumHS2 76$5.5B1.7%13435
9Iron and steelHS2 72$5.9B1.9%94167
10Miscellaneous chemical productsHS2 38$4.5B1.4%9490

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets1,080Reported partner count
Partner concentration977.1Partner HHI
Top 3 partner share47.8%Reported concentration
FTA partner markets48Reported count
Average distance9,723 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

Profile fields

Year2,024
Country Iso3MYS
Exports Usd$378.1B
Imports Usd$318.3B
Trade Balance Usd$59.8B
Yoy Exports Growth Pct6.4%
Yoy Imports Growth Pct12.5%
Exports Cagr 3y Pct3%
Imports Cagr 3y Pct8.7%
Export Partner Hhi977.1
Export Product Hhi320.4
Momentum Score5.4
Risk Score6.5
Gdp Million Usd422,227 million USD
Gdp Per Capita Usd$11.9K
Population35,557,673
Labor Force16,960.8
Investment Rate Pct23.7%
Savings Rate Pct32.2%
Secondary Education Pct87.3%
Tertiary Education Pct29.5%
Total Factor Productivity1,068.5
Trade Openness Pct136.1%
Exports Gdp Pct73.9%
Num Active Partners1,080
Num Fta Partners48
Num Wto Partners676
Num Eu Partners112
Num Shared Border Partners8%
Num Shared Language Partners14%
Avg Partner Distance Km9,723 km
Avg Partner Gdp Million Usd533,678,518.3 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta4
Pct Partners Shared Language1.3%
Pct Partners Shared Border0.7%
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp0.1
Avg Distance All Partners Km9,931 km
Num Border Partners126
Num Colonial Partners30
Avg Substitution Elasticity-10.6
Pct Products High Elasticity75.4
Pct Products Low Elasticity2.8
Real Market Potential479,678.4
Foreign Market Potential16,351.1

Supplier context

Country Iso3MYS
All History Lane Count39,513
Current Lane Count30,389
Critical Lane Count474
High Attention Lane Count7,279
High Volatility Lane Count18,300
Unrecovered Drawdown Lane Count16,082
Declining Demand Lane Count178
Concentrated Market Lane Count14,984
Access Friction Lane Count11,154
Buyer Macro Weakness Lane Count3,168
Monitored Exports Current Usd$370.9B
Attention Exports Usd$173.1B
Critical Exports Usd$25.4B
High Volatility Exports Usd$187.8B
Unrecovered Drawdown Exports Usd$68.1B
Non Fta Exports Usd$113.2B
Monitored Attention Share Pct46.7%
Monitored Critical Share Pct6.9%
Fta Covered Exports Share Pct69.4%
Export Weighted Volatility Cv1.2
Export Weighted Below Peak Pct24.4%
Export Weighted Distance Km5,975 km
Export Weighted Tariff Pct0.1%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$378.1B
Total Imports Latest Usd$318.3B
Trade Balance Latest Usd$59.8B
Exports Yoy Latest Pct6.4%
Exports Cagr 3y Latest Pct3%
Gdp Latest Million Usd422,227 million USD
Gdp Per Capita Latest Usd$11.9K
Population Latest35,557,673
Investment Rate Latest Pct23.7%
Savings Rate Latest Pct32.2%
Trade Openness Latest Pct136.1%
Exports Gdp Latest Pct73.9%
Active Partners Latest1,080
Fta Partners Latest48
Foreign Market Potential Latest16,351.1
Gdp 5y Cagr Pct2.9%
Gdp Per Capita 5y Cagr Pct1.7%
Population 5y Cagr Pct1.2%
Partner Hhi Latest977.1
Partner Top1 Share Latest Pct23.6%
Partner Top3 Share Latest Pct47.8%
Partner Hhi All Avg906.2
Partner Hhi All Max1,206.6
Product Hhi Latest320.4
Product Top1 Share Latest Pct11.1%
Product Top3 Share Latest Pct25.9%
Product Hhi All Avg286.4
Product Hhi All Max377.8
Total Exports Attention Share Pct45.8%
Total Exports Critical Share Pct6.7%
Attention LevelWatch
Primary Risk DriverHigh trade volatility
Macro Resilience LabelMacro trend resilient

Annual import history

YearImportsExportsBalanceImports YoY
1995$73.6B$79.3B$5.7B+0%
1996$76.0B$84.2B$8.2B+3.3%
1997$77.2B$85.6B$8.4B+1.6%
1998$57.8B$78.2B$20.3B-25.1%
1999$65.3B$88.5B$23.2B+12.8%
2000$82.2B$107.7B$25.5B+25.9%
2001$73.2B$97.2B$24.0B-10.9%
2002$81.1B$101.9B$20.8B+10.7%
2003$83.2B$116.1B$32.9B+2.6%
2004$101.6B$139.4B$37.8B+22.1%
2005$111.6B$156.7B$45.1B+9.9%
2006$129.3B$176.7B$47.4B+15.9%
2007$145.3B$194.5B$49.2B+12.4%
2008$158.0B$218.3B$60.3B+8.7%
2009$127.6B$173.6B$46.0B-19.2%
2010$170.0B$225.4B$55.4B+33.2%
2011$193.8B$258.1B$64.3B+14%
2012$206.2B$256.0B$49.8B+6.4%
2013$220.1B$256.6B$36.5B+6.8%
2014$220.4B$260.4B$40.0B+0.1%
2015$186.9B$228.6B$41.7B-15.2%
2016$174.3B$217.9B$43.7B-6.8%
2017$197.2B$247.2B$50.1B+13.1%
2018$216.0B$280.3B$64.3B+9.5%
2019$209.6B$276.6B$67.0B-2.9%
2020$197.2B$271.9B$74.7B-6%
2021$247.8B$346.5B$98.8B+25.7%
2022$306.2B$401.8B$95.6B+23.6%
2023$283.0B$355.3B$72.4B-7.6%
2024$318.3B$378.1B$59.8B+12.5%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
185Electrical machinery$86.9B27.3%157262
227Mineral fuels$48.4B15.2%9942
384Machinery$43.5B13.7%154515
415Animal and vegetable fats$2.3B0.7%9648
590Optical and medical instruments$7.4B2.3%144142
639Plastics$10.1B3.2%150129
740Rubber$3.7B1.2%11680
876Aluminium$5.5B1.7%13435
972Iron and steel$5.9B1.9%94167
1038Miscellaneous chemical products$4.5B1.4%9490

Questions about this profile

Malaysia import demand, in context

Short answers for import and supplier research.

What does the Malaysia import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Malaysia.

What is the latest reported import value for Malaysia?

Malaysia recorded $318.3B in reported imports in 2024.

Which sectors lead Malaysia's imports?

Electrical machinery leads by reported import value at $86.9B.

How many years of Malaysia import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

No. They are calculated or classified from reported observations, not forecasts or guarantees.

Continue your research

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Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.