What are the Top 10 Exports of Malaysia? Malaysia Export Report 2024-25

Malaysia is known for its diverse economy and thriving export industry. As one of the leading exporting countries in the world, Malaysia has a wide range of products that are in high demand in international markets. Considering the present condition of global affairs, Malaysia is one of the fastest-growing countries on the planet while also boasting a dynamic economy. According to Malaysia export data and customs data report on Malaysia exports, Malaysia’s exports reached a total value of $329.45 billion in 2024, an increase of 5% from 2023. The small yet efficient workforce of Malaysia is attracting resources from numerous large enterprises and organizations to enhance its trade and export industry. As per the Malaysia shipment data and global trade data for 2024, Malaysia is the 26th largest exporter in the world. In this article, we will explore the top 10 exports of Malaysia and provide an overview of the Malaysia Export Report for 2024-25.

What is the Significance of Malaysia’s Exports?

Malaysia is a key member of international organizations such as ASEAN, APEC, CPTPP, the Commonwealth, RCEP, and the WTO. According to Malaysia's export data, the country's total exports in 2024 reached RM1.508 trillion, marking a 5.7% increase from the previous year. This growth reflects Malaysia's ongoing transition from traditional commodities like rubber and palm oil to high-value sectors. Currently, Malaysia's economy is strongly supported by electronics manufacturing, petroleum refining, and chemical production. In the first 2 months of 2025, Malaysia’s goods exports reached $85.17 billion, as per Malaysia trade statistics. 

In 2024, Malaysia's crude oil production averaged approximately 467,000 barrels per day, positioning it as one of Southeast Asia's leading oil producers. According to Malaysia Trade Data, Singapore remained Malaysia's top export partner, followed by the USA. Refined petroleum was the most exported commodity to Singapore, and the United States was a major export destination, with significant export shipments of electrical and electronic products.

List of Malaysia's Top 10 Exports: Malaysia Exports by HS Code

The list of Malaysia's top 10 exports based on HS codes provides a comprehensive overview of the country's key export commodities. From electrical machinery and equipment to palm oil and natural rubber, Malaysia showcases a diverse range of products that contribute significantly to its economy. The top 10 Malaysian exports, as per Malaysia trade data and Malaysia customs export data for 2024, highlighting the key industries driving the country's export sector, include:

1. Electrical Machinery and Equipment (HS Code 85)

Total Export Value: $121.18 billion (36.78%)

Electrical machinery and equipment take the top spot as Malaysia's most significant export category. These products encompass a wide range of items, including electronics, appliances, and telecommunications equipment. Malaysia's reputation for high-quality electronics production has solidified its position as a global leader in this industry.

2. Mineral Fuels and Oils (HS Code 27)

Total Export Value: $47.46 billion (14.41%)

As a country rich in natural resources, Malaysia exports a substantial amount of mineral fuels and oils. This category includes products such as petroleum, liquefied natural gas, and coal. The demand for these energy sources, both domestically and internationally, contributes significantly to Malaysia's export revenue.

3. Nuclear Reactors and Machinery (HS Code 84)

Total Export Value: $31.88 billion (9.68%)

Malaysia's export of nuclear reactors and machinery reflects its involvement in the energy sector. With a focus on sustainable energy solutions, Malaysia is poised to expand its export of nuclear technology and equipment in the coming years.

4. Animal or Vegetable Fats and Oils (HS Code 15)

Total Export Value: $18.72 billion (5.68%)

The export of animal or vegetable fats and oils highlights Malaysia's agricultural industry. With a strong focus on palm oil production, Malaysia is a leading exporter of these essential commodities to markets around the world.

5. Optical, Medical, or Surgical Instruments (HS Code 90)

Total Export Value: $15.48 billion (4.7%)

Malaysia's export of optical, medical, or surgical instruments underscores its expertise in the healthcare sector. With a reputation for producing high-quality medical devices, Malaysia continues to gain recognition in the global market for these products.

6. Plastics and Articles Thereof (HS Code 39)

Total Export Value: $9.68 billion (2.94%)

Plastics and articles thereof represent a key export category for Malaysia, reflecting the country's manufacturing capabilities. The demand for plastic products in various industries drives Malaysia's export of these items to markets worldwide.

7. Rubber and Articles Thereof (HS Code 40)

Total Export Value: $6.71 billion (2.04%)

Malaysia's export of rubber and articles thereof highlights its natural resources and robust rubber industry. With a focus on producing high-quality rubber products, Malaysia continues to strengthen its position as a leading exporter in this sector.

8. Aluminum and Articles Thereof (HS Code 76)

Total Export Value: $6.60 billion (2.01%)

The export of aluminum and articles thereof showcases Malaysia's metallurgical industry. As a producer of aluminum products, Malaysia caters to the demand for these materials in various sectors, contributing to its export revenue.

9. Iron and Steel (HS Code 72)

Total Export Value: $6.52 billion (1.98%)

Malaysia's export of iron and steel products reflects its involvement in the construction and manufacturing industries. With a focus on producing quality metals, Malaysia meets the demand for these materials both domestically and internationally.

10. Miscellaneous Chemical Products (HS Code 38)

Total Export Value: $6.15 billion (1.87%)

The export of miscellaneous chemical products highlights Malaysia's diverse chemical industry. From pharmaceuticals to industrial chemicals, Malaysia caters to a wide range of markets with its high-quality chemical products.

Aside from these top 10 products, several other commodities were also exported from this Asian country, as referenced in our Malaysia Export Data for the year 2024, such as organic chemicals, cocoa, furniture, and copper.

Malaysia's Top Exported Goods in 2024-25

In 2024-25, Malaysia's top exported goods include integrated circuits, refined petroleum, palm oil, computers, and broadcasting equipment. These products have significantly contributed to Malaysia's economy and trade industry, showcasing the country's diverse export capabilities. The top 10 products that Malaysia exported in the 2024-25 fiscal year, as per Malaysia export statistics, are:

• Electronic Integrated Circuits: $74 billion​
• Refined Petroleum: $29.0 billion​
• Petroleum Gas: $14.5 billion​
• Palm Oil: $11.8 billion​
• Semiconductor Devices: $10.2 billion​
• Telephones: $7.3 billion​
• Crude Petroleum: $7 billion​
• Automatic Data Processing Machines: $6.4 billion​
• Measuring Instruments: $5.7 billion​
• Storage Devices: $5 billion

Top 10 Export Partners of Malaysia in 2024-25: Malaysia Exports by Country

In 2024-25, Malaysia's top 10 export partners play a crucial role in driving economic growth and trade for the country. These export partners contribute significantly to Malaysia's export revenue, shaping the nation's trade landscape. The top 10 trade partners for Malaysia exports or the biggest Malaysia export partners in 2024, as per Malaysia export shipment data, include:

1. Singapore: $50.44 billion (15.3%)

Singapore remains Malaysia's top export destination, with a total trade value of $50.44 billion, accounting for 15.3% of Malaysia's total exports. The proximity between the two countries, as well as the strong economic ties, have been instrumental in fostering this robust trade relationship.

2. USA: $43.43 billion (13.2%)

The United States is Malaysia's second-largest export partner, with a trade value of $43.43 billion, making up 13.2% of Malaysia's total exports, as per the data on US imports from Malaysia by HS code. Malaysia exports a wide range of products to the US, including electronics, palm oil, and rubber.

3. China: $41 billion (12.4%)

China has also emerged as a key export partner for Malaysia, with a trade value of $41 billion, accounting for 12.4% of Malaysia's total exports. Malaysia's exports to China include electrical machinery, optical and medical instruments, as well as chemicals.

4. Hong Kong: $19.41 billion (5.9%)

Hong Kong is another significant export partner for Malaysia, with a trade value of $19.41 billion, making up 5.9% of Malaysia's total exports. The strategic location of Hong Kong as a financial hub in Asia has facilitated trade between the two countries.

5. Japan: $18.05 billion (5.5%)

Japan is a key market for Malaysian exports, with a trade value of $18.05 billion, accounting for 5.5% of Malaysia's total exports. Malaysia exports a variety of products to Japan, including electronics, machinery, and petroleum products.

6. Taiwan: $14.63 billion (5.4%)

Taiwan has also emerged as an important export partner for Malaysia, with a trade value of $14.63 billion, making up 5.4% of Malaysia's total exports. The strong demand for Malaysian electronics and machinery products in Taiwan has driven this trade relationship.

7. Thailand: $12.88 billion (3.9%)

Thailand is a key export partner for Malaysia, with a trade value of $12.88 billion, accounting for 3.9% of Malaysia's total exports. Malaysia exports a range of goods to Thailand, including electrical machinery, plastics, and rubber.

8. Indonesia: $11.88 billion (3.6%)

Indonesia is another important market for Malaysian exports, with a trade value of $11.88 billion, making up 3.6% of Malaysia's total exports, as per the data on Indonesia imports from Malaysia by HS code. The close geographical proximity between the two countries has been a key factor in fostering this trade relationship.

9. South Korea: $11.78 billion (3.6%)

South Korea is a significant export partner for Malaysia, with a trade value of $11.78 billion, accounting for 3.6% of Malaysia's total exports. Malaysia's exports to South Korea include electronics, machinery, as well as chemical products.

10. Vietnam: $11.76 billion (3.6%)

Vietnam rounds up the list of Malaysia's top 10 export partners, with a trade value of $11.76 billion, making up 3.6% of Malaysia's total exports. Malaysia's exports to Vietnam include electronics, textiles, and rubber products.

Besides these top countries, different nations that additionally imported goods from Malaysia in 2024 were India, Australia, the Netherlands, Germany, and the Philippines.

Malaysia Exports in the Last 10 Years: Historical Malaysia Export Data

Malaysia Export Data Report January 2025

Conclusion

In conclusion, Malaysia's diverse economy and thriving export industry make it a key player in the global market. The country's top 10 exports, including electronic integrated circuits, palm oil, and natural rubber, contribute significantly to its economy. With its strategic position in various industries, such as technology, agriculture, and energy, Malaysia is poised for continued success in the export market in the coming years.

As we continue to examine Malaysia's trade data, it is clear that the country’s leading exports have undergone an extraordinary journey characterized by innovation, resilience, and progress. Contact us at info@tradeimex.in to get a list of top Malaysia exporters and access the latest Malaysia import-export data with trade trends with TradeImeX.