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Malaysia

Malaysia ranked No. 19 in total trade value through February with a total of $7.7 billion. Exports totaled $1.97 billion and Imports totaled $5.72 billion, a deficit of $3.75 billion.

January – February 2019

Top Trading Ports

Total Trade: $7.7 billion

RankPortTotal YTD
1Anchorage International Airport, Alaska $1,406,829,739
2San Francisco International Airport, Calif. $788,368,043
3Port of Los Angeles $767,933,937
4Port of New Orleans $557,887,498
5Los Angeles International Airport $419,519,369
6Cleveland’s Hopkins International Airport, Ohio $335,739,920
7Port of Newark $328,058,808
8Chicago O’Hare International Airport $312,744,601
9Port of Virginia $270,452,757
10Port of Savannah, Ga. $216,966,720

U.S. trade with Malaysia rose to $7.7 billion through February

Malaysia’s trade with the United States rose to $7.7 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 5.53 percent below its total trade during the same time period last year. Malaysia’s exports decreased 3.39 percent while imports fell 6.25 percent. The U.S. deficit with Malaysia was $3.75 billion.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Anchorage International Airport, Alaska; No. 2 San Francisco International Airport, Calif.; No. 3 Port of Los Angeles; No. 4 Port of New Orleans; and No. 5 Los Angeles International Airport. During the same period the previous year, the top five were No. 1 Anchorage International Airport, Alaska No. 2 San Francisco International Airport, Calif. No. 3 Port of Los Angeles No. 4 Port of New Orleans and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 51.2 percent of Malaysia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Anchorage International Airport, Alaska fell 23.87 percent to $1.41 billion.
    Exports rose 12.38 percent to $175.69 million. Imports fell 27.22 percent to $1.23 billion.
  • Trade with No. 2 San Francisco International Airport, Calif. rose 5.46 percent to $788.37 million.
    Exports rose 33.3 percent to $152.21 million. Imports rose 0.44 percent to $636.16 million.
  • Trade with No. 3 Port of Los Angeles rose 6.28 percent to $767.93 million.
    Exports rose 11.12 percent to $154.84 million. Imports rose 5.12 percent to $613.09 million.
  • Trade with No. 4 Port of New Orleans fell 2.95 percent to $557.89 million.
    Exports rose 8.4 percent to $52.86 million. Imports fell 4.01 percent to $505.02 million.
  • Trade with No. 5 Los Angeles International Airport fell 21.42 percent to $419.52 million.
    Exports fell 16.05 percent to $117.26 million. Imports fell 23.32 percent to $302.26 million.

Malaysia ranked No. 19 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 19.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Malaysia by value through February were the categories of Computer chips; Civilian aircraft, parts; Photo-sensitive semi-conductors, parts; Copper waste and scrap; and Scrap iron, steel, respectively. They accounted for 38.81 percent of total exports to Malaysia.

The value of the top five categories of U.S. imports from Malaysia –– Computer chips; Cell phones, related equipment; Photo-sensitive semi-conductors, parts; Apparel and accessories made of rubber; and Printers, all types, parts –– accounted for 56.2 percent of all inbound shipments.

Looking more closely at U.S. exports to Malaysia:

  • Computer chips fell 28.85 percent compared to last year to $446.39 million.
  • Civilian aircraft, parts fell 29.35 percent compared to last year to $136.44 million.
  • Photo-sensitive semi-conductors, parts rose 2.49 percent compared to last year to $69.61 million.
  • Copper waste and scrap rose 454.25 percent compared to last year to $64.49 million.
  • Scrap iron, steel rose 63.43 percent compared to last year to $49.02 million.

Looking more closely at U.S. imports from Malaysia:

  • Computer chips fell 15.33 percent compared to last year to $1.92 billion.
  • Cell phones, related equipment fell 33.35 percent compared to last year to $412.55 million.
  • Photo-sensitive semi-conductors, parts rose 28.1 percent compared to last year to $331.18 million.
  • Apparel and accessories made of rubber rose 7.1 percent compared to last year to $276.12 million.
  • Printers, all types, parts rose 17.51 percent compared to last year to $273.64 million.

In the latest annual figures available, Malaysia recorded $50.24 billion in trade with the United States. At year’s end, its were Anchorage; Los Angeles; San Francisco; Cleveland; and New Orleans. Total U.S. exports to Malaysia were $ 12.83 billion and imports from Malaysia were $37.41 billion. The U.S. deficit with Malaysia was $24.58 billion.