The following list shows which Malaysia exports generated the most international sales during 2016. 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 2016. Shown within brackets is the percentage change in value over a 7-year period for each item.
- Integrated circuits/microassemblies: US$26.6 billion (up 24.7% since 2009)
- Processed petroleum oils: $11.1 billion (up 100.6%)
- Palm oil: $9.1 billion (down -2.3%)
- Solar power diodes/semi-conductors: $8.3 billion (up 71.8%)
- Petroleum gases: $8.3 billion (down -18.5%)
- Computers, optical readers: $7.3 billion (down -25.2%)
- Crude oil: $5.6 billion (down -22.9%)
- Phone system devices including smartphones: $3.9 billion (up 135%)
- Clothing, accessories (vulcanized rubber): $3.2 billion (up 56.9%)
- Computer parts, accessories: $3.1 billion (down -66.4%)
- Printing machinery: $2.4 billion (up 17.9%)
- Oscilloscopes, spectrum analyzers: $2.4 billion (up 114.6%)
- Unrecorded sound media: $2.3 billion (up 57.7%)
- TV receivers/monitors/projectors: $2 billion (down -32.5%)
- Industrial fatty acids and alcohols: $1.8 billion (up 70.5%)
- Miscellaneous furniture: $1.8 billion (up 10.6%)
- Animal/vegetable hydrogenated fats, oils: $1.7 billion (up 17.4%)
- Aluminum (unwrought): $1.6 billion (up 690.8%)
- Lower-voltage switches, fuses: $1.5 billion (up 20.5%)
- Electro-medical equipment (e.g. xrays): $1.4 billion (up 171.2%)
Among these product categories, unwrought aluminum posted the greatest increase in export sales with a 690.8% improvement from 2009 to 2016.
In second place were exported electro-medical equipment (e.g. xrays) which rose 171.2% over the same 7-year period. Phone system devices including smartphones appreciated by 135%, followed by oscilloscopes and spectrum analyzers up 114.6%. Even processed petroleum oils posted a respectable 100.6% gain.
On the other hand, Malaysia’s shipments of computer parts and accessories dropped in value by -66.4% since 2009. TV receivers, monitors and projectors fell by -32.5% while computers and optical readers depreciated by -25.2%.
See also Malaysia’s Top 10 Exports, Malaysia’s Top 10 Major Export Companies and Malaysia’s Top Trading Partners
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on February 23, 2017
The World Factbook, Field Listing: Exports and World Population, Central Intelligence Agency. Accessed on February 23, 2017
Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on February 23, 2017