Malaysia import

Malaysia Import Data

Malaysia is a vibrant frugality known for its strong import sector. As a gateway to Southeast Asia, Malaysia has seen significant growth in its import sector over time. By analyzing the Malaysia import data for 2022, we can gain perceptivity into the crucial trends and patterns that will shape the import geography in the coming time. Professionals can gain important insights into the nation's import market with the help of import data from Malaysia. Businesses can use this data to study market demand, spot patterns, and formulate wise strategic choices. According to Malaysia’s import data, Malaysia imported items valued at about $295.05 billion in 2022. Let us dive into the instigative world of Malaysian import data to understand the driving factors, popular product orders, and arising requests.

 Malaysia Import Data | Malaysia Customs Data

23

The country has been ranked 23rd in global imports, showing a significant position in the international trade landscape.

0.90%

With a mere 0.90% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

CHINA

China holds a significant role as the largest import partner of the country in terms of goods imports.

INTEGRATED CIRCUITS

Integrated circuits are the major and biggest import commodities of the country, playing a vital role in its economy.

import

Top 10 imports of Malaysia

Malaysia, a prominent player in the global trade arena, boasts an impressive list of top imports and import partners. When it comes to the top 10 imports of Malaysia, the nation relies heavily on electronic products, machinery, chemical and petroleum products, as well as plastic, iron, and steel goods. The top 10 imports of Malaysia in 2022, according to the import data are:

  • Electrical machinery: 28.94% ($85.41 billion)
  • Mineral fuels and oils: 18.8% ($55.46 billion)
  • Nuclear reactors and machinery: 8.79% ($25.92 billion)
  • Plastics and articles thereof: 3.39% ($10.01 billion)
  • Vehicles: 2.53% ($7.45 billion)
  • Optical, medical, and measuring instruments: 2.26% ($6.67 billion)
  • Office machine parts: 2.25% ($6.62 billion)
  • Iron and steel: 2.15% ($6.35 billion)
  • Precious stones and metals: 2.13% ($6.28 billion)
  • Chemical products: 1.7% ($5.03 billion)
  • Partners

    Top 10 import partners of Malaysia

    Malaysia's import partners are equally diverse, forming strong trade alliances with China, which tops the list as Malaysia's largest import partner. Singapore, Japan, the United States, Thailand, and South Korea also emerge as vital import partners for the country. Major import partners of Malaysia in 2022 include:

    Value In Percentage(%)

  • China: 15.49% ($46.35 billion)
  • Singapore: 13.98% ($41.84 billion)
  • United States: 11.48% ($34.36 billion)
  • Hong Kong: 6.18% ($18.49 billion)
  • Japan: 6.07% ($18.16 billion)
  • Indonesia: 5.12% ($12.6 billion)
  • Thailand: 4.83% ($11.9 billion)
  • South Korea: 4.26% ($10.5 billion)
  • India: 2.7% ($6.63 billion)
  • Germany: 2.43% ($5.96 billion)
  • Sample Data

    Growing imports: An insight into Malaysia Import Data 2022

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    In our exclusive report, you will find several trade details such as the number of goods needed to be imported/exported, HS codes, the description of each HS code, and the quantity and price of each product, shipping carrier, consigner/consignee, the precise movement of goods for the countries which come under the Statistical and B/L database. The Malaysia import data for 2022 reveals an upward line in the volume and value of imported goods. As Malaysia continues to expand its artificial and consumer base, the demand for raw accouterments, ministry, and finished goods has surged. This growing import trend is reflective of robustly profitable exertion and places Malaysia as a significant player in the global trade arena. According to the customs database for imports of Malaysia, Petroleum products (9.5%), machinery, appliances, and parts (8.7%), electrical and electronic products (29.4%), and chemicals (9.5%) are Malaysia's top imports in 2022. The total value of the top 10 imports of Malaysia is $83.37 billion.

    Benefits

    Benefits of the Malaysia Import Data

  • ­Develop leads from the Malaysian market by applying your ideas.
  • Learn about the country's present product demand.
  • Track your competitors and outperform them.
  • Build your marketing strategy on data.
  • Grow your market share in Malaysia.
  • Set long-term goals and optimize profits
  • Frequently Asked Questions!!

    The total value of Malaysia’s top 10 exports in 2022 is $83.37 billion.

    Electronic Goods are in great demand for imports in Malaysia.

    What are some of the major import partners of Malaysia in 2022?

    Malaysia imported goods worth $294.43 billion in 2022.

    Manufacturing, agriculture, and technology are some of the major import industries of Malaysia.

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