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Malaysia Import Data

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Malaysia Import Data

Malaysia, a country in Southeast Asia, is based on the Malay Peninsula, specifically on the south of Thailand and north of Singapore. The country is on the island of Borneo, bordered by Indonesia and Brunei. As per the Malaysia Global Data, the overall GDP of the country at present is 422 billion US dollars in 2024. It records the globally leading 19th rank of importers among other global competitors. The Republic of China dominates the topmost supplier destination of Malaysia. As per the recent shipment information, the country has imported goods worth 299 billion US dollars, dominated by electronic equipment at present.

The wide import of the country is representative of the reliance on foreign supplies, specifically for high-value electronic components and industrial machinery. The country is a top transit hub for imports because of its strategic geography and strong trade policies. The ownership of the country regarding major transit ports such as Port Klang and Tanjung Pelepas has positioned it as a globally leading import hub. According to Malaysia Import Data, the strong manufacturing and re-export activities, along with the stable trade policies and connectivity, have strengthened the import network of the country while properly expanding its global sourcing. The active investment of the government authorities in the trade agreements and facilitation of the transportation infrastructure is also solidifying its trade growth.

19th rank

As per the recent reports of Malaysia's import customs trade data, the country is the 19th largest importer in the world, mainly due to the upward scale of its economy and population size.

0.9%

As per the information given by Malaysia Import Trade Data, the limited involvement of the country in the global trade fairs has resulted in a total global import share of 0.9%.

China

The strong manufacturing and industrial supply chain integration, along with the demand for electronics and capital goods in Malaysia, has positioned China as its topmost import trade partner.

Electronic equipment

Electronic equipment dominates the top-most important categories due to the rising industrial needs as per the Malaysia Import Data.

Top 10 Import Products of Malaysia

As per the Malaysia Import Customs Data, the overall landscape for the industrial equipment is shaped by the expanding manufacturing capacity. The country is evolving as the topmost trade hub due to the rising infrastructure development and the competitive integrity with the global value chains. Products like mineral fuels, machinery, and plastics are being heavily imported from foreign trade authorities because of the increasing dependence of the country on foreign traders. The heavy dependence of the country on imports to meet the high precision and technologically advanced equipment needs has facilitated the import economy. The topmost imported categories of Malaysia in 2024, as per Malaysia Import Data, are,

Electrical & electronic equipment – (HS code 85) ($86 billion)
Mineral fuels & oils – (HS code 27) ($49 billion)
Machinery & mechanical appliances – (HS code 84) ($38 billion)
Plastics & plastic articles – (HS code 39) ($10 billion)
Vehicles (non-railway) – (HS code 87) ($8 billion)
Optical, photographic & medical instruments – (HS code 90) ($7.21 billion)
Gems & precious metals – (HS code71)
Iron & steel – (HS code 72) ($6 billion)
Aluminium & articles thereof – (HS code 76) ($5.31 billion)
Organic chemicals – (HS code 29) ($3.29 billion)

Top 10 Import Trading Partners of Malaysia

Malaysia Shipments data has revealed that the import landscape of the country is strategically shaped by a diversifying network of major globally leading traders. The country, serving as a strategic trading hub in Southeast Asia, is heavily dependent on the strong economic ties with its nearby trade partners for meeting its increasing consumer demands regarding industrial raw materials, machinery, fuel, and electronics. As listed by Malaysia Import Trade Data, the United States, Japan, and Singapore-like nations dominate the topmost importing partners. The evaluation of the latest list of the top importing partners of Malaysia in 2024 is are,

China - (Market share - 27%) ($ 79 billion)
Singapore - (Market share - 13.1%) ($ 38 billion)
United States of America - (Market share - 12%) ($ 32 billion)
Japan - (Market share - 8.1%) ($ 25 billion)
Thailand - (Market share - 5%) ($ 22 billion)
Saudi Arabia - (Market share - 4.2%) ($ 17 billion)
South Korea - (Market share - 3.91%) ($ 14 billion)
Taiwan - (Market share - 2.28%) ($ 6 billion)
Indonesia - (Market share - 2.15%) ($ 5 billion)
Germany - (Market share - 1.7%) ($ 4 billion)

What Details Contain In Malaysia Import Data?

All land, air, and sea shipments are covered by the 100% comprehensive customs detailed data for Malaysia. Gain access to a sizable dataset with crucial trade attributes that enable in-depth analysis at every level. Malaysia Import Custom data says Businesses, analysts, and politicians may monitor all facets of import operations with this comprehensive data, from product descriptions and shipment sources to pricing and modes of transportation. Users may pinpoint market opportunities, analyse supplier performance, and spot sourcing patterns with full insight into every transaction with Malaysia Import Custom data. This information is a vital starting point for strategic decision-making, whether you're keeping an eye on rivals or preparing to enter the Malaysian market. The data contains all required fields:

Importer Name
Importer Address
Exporter Name
Exporter Address
Shipping Bill Number
Shipping Bill Date
Declaration Number
HS Code
Product Description
FOB Value
CIF Value
Manufacturing Country
Destination Country
Net Weight
Gross Weight
Quantity
Unit
Currency & Incoterms
Mode of Transportation
Port of Loading
Port of Unloading
Email
Contact

Benefits of Malaysia Import data in your business

Use this information to investigate the global market: Learn important information about Malaysia's import market and find international vendors with Malaysia Import data.
Business Decision: Make well-informed choices supported by correct, up-to-date facts.
Reduce Risk: To assess possible hazards, examine shipping data from the past and current periods.
Extremely Accurate Data: Obtained from verified customs sources, guaranteeing dependability and validity; ensures Malaysia Customs data.
Monitor Competitor Business: Determine the sourcing and supply networks of rival companies.
Stay Ahead in Pricing Strategy: Use accurate FOB/CIF data to maintain competitive pricing.

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Frequently Asked Questions

As per Malaysia Import Customs Data, the import trade value of the nation in 2024 is 299 billion US dollars.

China is the top import trade partner of Malaysia in 2024; says Malaysia Import Custom Trade Data.

Electronic equipment is the top imported category of Malaysia in 2024

Malaysia Import Trade Data is beneficial for business growth because it gives a brief overview of the consumer-based demands of the country for further investment.

The global import trade rank of Malaysia in 2024 is 19th.

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