The following list shows which Malaysia exports generated the most money in sales during 2015. Unlike most information currently available on the web, the items below are detailed at the 4-digit tariff code level. Specific data on export sales can help entrepreneurs identify precisely which products in which Malaysia has strong competitive advantages over other nations, and offer opportunities for innovation.
Highest Value Malaysian Export Products
Below are the 20 highest value export products shipped from Malaysia in 2015. Shown within brackets is the 4-digit harmonized tariff system code for each item.
- Integrated circuits/microassemblies: US$27.3 billion (HTS code 8542)
- Petroleum gases: $12.8 billion (2711)
- Processed petroleum oils: $10.6 billion (2710)
- Palm oil: $9.5 billion (1511)
- Solar power diodes/semi-conductors: $8 billion (8541)
- Computers, optical readers: $7.6 billion (8471)
- Crude oil: $6.9 billion (2709)
- Computer parts, accessories: $3.8 billion (8473)
- Phone system devices: $3.7 billion (8517)
- Clothing, accessories (vulcanized rubber): $3.4 billion (4015)
- TV receivers/monitors/projectors: $2.6 billion (8528)
- Oscilloscopes, spectrum analyzers: $2.2 billion (9030)
- Unrecorded sound media: $2 billion (8523)
- Miscellaneous furniture: $1.8 billion (9403)
- Printing machinery: $1.7 billion (8443)
- Jewelry: $1.67 billion (7113)
- Industrial fatty acids and alcohols: $1.65 billion (3823)
- Animal/vegetable hydrogenated fats, oils: $1.55 billion (1516)
- Lower-voltage switches, fuses: $1.5 billion (8536)
- Asphalt/petroleum bitumen mixes: $1.4 billion (2715)
Among these product categories, asphalt and petroleum bitumen mixes posted the greatest increase in export sales with a 22,475% improvement from 2011 to 2015.
In second place were exported phone system devices, which rose 49.7% over the same 5-year period.
Malaysian printed circuits also showed a respectable gain of 87.2%.
On the other hand, Malaysia’s shipments of television receivers, monitors and projectors dropped in value by 46.9% since 2010. Animal or vegetable hydrogenated fats and oils fell behind by 46.9% in the latest annual reporting period while palm oil depreciated by 45.7%.
See also Malaysia Major Product Supply Advantages, Malaysia’s Top 10 Exports, Fastest-Growing Malaysian Export Products and Malaysia’s Top Import Partners
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on March 12, 2016
The World Factbook, Field Listing: Exports and World Population, Central Intelligence Agency. Accessed on March 12, 2016
Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on March 12, 2016