Malaysia

Malaysia ranked No. 19 in total trade value through November with a total of $48.58 billion. Exports totaled $11.86 billion and Imports totaled $36.72 billion, a deficit of $24.86 billion.

January – November 2019

Top Trading Ports

Total Trade: $48.58 billion

RankPortTotal YTD
1Anchorage International Airport, Alaska $9,908,667,884
2Port of Los Angeles $4,800,551,526
3Port of New Orleans $4,163,945,030
4San Francisco International Airport, Calif. $4,084,810,882
5Los Angeles International Airport $2,454,060,521
6Cleveland’s Hopkins International Airport, Ohio $2,402,976,760
7Port of Virginia $1,917,863,596
8Port of Newark $1,896,096,705
9Chicago O’Hare International Airport $1,802,247,644
10Port of Savannah, Ga. $1,431,076,267

U.S. trade with Malaysia rose to $48.58 billion through November

Malaysia’s trade with the United States rose to $48.58 billion through the first 11 months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.64 percent above its total trade during the same time period last year. U.S. exports to Malaysia increased 0.19 percent while U.S. imports from Malaysia rose 2.11 percent. The U.S. deficit with Malaysia was $24.86 billion.

Through November, the top five among the nation’s airports, seaports and border crossings were No. 1 Anchorage International Airport, Alaska; No. 2 Port of Los Angeles; No. 3 Port of New Orleans; No. 4 San Francisco International Airport, Calif.; 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 52.31 percent of Malaysia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Anchorage International Airport, Alaska fell 1.15 percent to $9.91 billion.
    Exports rose 19.54 percent to $1.18 billion. Imports fell 3.4 percent to $8.73 billion.
  • Trade with No. 2 Port of Los Angeles rose 9.81 percent to $4.8 billion.
    Exports rose 3.53 percent to $923.69 million. Imports rose 11.42 percent to $3.88 billion.
  • Trade with No. 3 Port of New Orleans rose 4.16 percent to $4.16 billion.
    Exports fell 47.75 percent to $219.1 million. Imports rose 10.24 percent to $3.94 billion.
  • Trade with No. 4 San Francisco International Airport, Calif. fell 9.15 percent to $4.08 billion.
    Exports rose 28.89 percent to $816.08 million. Imports fell 15.39 percent to $3.27 billion.
  • Trade with No. 5 Los Angeles International Airport fell 15.47 percent to $2.45 billion.
    Exports rose 0.89 percent to $669.33 million. Imports fell 20.31 percent to $1.78 billion.

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. 18.

Meanwhile, total U.S. trade with the world increased to $3.81 trillion, down 1.42 percent compared to the same period last year. The nation’s exports dropped 1.32 percent to $1.51 trillion; imports dropped 1.48 percent to $2.3 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $786.7 billion, down compared to the same period of last year when the deficit was $800.89 billion.

The top five U.S. exports to Malaysia by value through November were the categories of Computer chips; Civilian aircraft, parts; Photo-sensitive semi-conductors, parts; Plastics; and Copper waste and scrap, respectively. They accounted for 37.32 percent of total exports to Malaysia.

The value of the top five categories of U.S. imports from Malaysia –– Computer chips; Photo-sensitive semi-conductors, parts; Cell phones, related equipment; Printers, all types, parts; and Apparel and accessories made of rubber –– accounted for 60.58 percent of all inbound shipments.

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

  • Computer chips fell 18.29 percent compared to last year to $2.39 billion.
  • Civilian aircraft, parts fell 15.67 percent compared to last year to $833.43 million.
  • Photo-sensitive semi-conductors, parts rose 16.37 percent compared to last year to $432.34 million.
  • Plastics rose 142.92 percent compared to last year to $390.41 million.
  • Copper waste and scrap rose 113.21 percent compared to last year to $377.89 million.

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

  • Computer chips rose 2.88 percent compared to last year to $13.87 billion.
  • Photo-sensitive semi-conductors, parts rose 77.36 percent compared to last year to $2.8 billion.
  • Cell phones, related equipment fell 33.86 percent compared to last year to $2.44 billion.
  • Printers, all types, parts rose 2.05 percent compared to last year to $1.63 billion.
  • Apparel and accessories made of rubber rose 3.97 percent compared to last year to $1.51 billion.

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.