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Malaysia

Malaysia ranked No. 19 in total trade value through August with a total of $34.06 billion. Exports totaled $8.37 billion and Imports totaled $25.69 billion, a deficit of $17.32 billion.

January – August 2019

Top Trading Ports

Total Trade: $34.06 billion

RankPortTotal YTD
1Anchorage International Airport, Alaska $7,080,082,536
2Port of Los Angeles $3,383,062,490
3San Francisco International Airport, Calif. $3,074,046,715
4Port of New Orleans $2,755,707,133
5Los Angeles International Airport $1,754,376,034
6Cleveland’s Hopkins International Airport, Ohio $1,584,735,750
7Port of Newark $1,318,021,488
8Port of Virginia $1,302,852,761
9Chicago O’Hare International Airport $1,209,809,218
10Port of Savannah, Ga. $1,006,020,308

U.S. trade with Malaysia rose to $34.06 billion through August

Malaysia’s trade with the United States rose to $34.06 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 2.26 percent below its total trade during the same time period last year. U.S. exports to Malaysia decreased 3.4 percent while U.S. imports from Malaysia fell 1.89 percent. The U.S. deficit with Malaysia was $17.32 billion.

Through August, 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 San Francisco International Airport, Calif.; 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 52.99 percent of Malaysia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Anchorage International Airport, Alaska fell 3.47 percent to $7.08 billion.
    Exports rose 19.42 percent to $844.32 million. Imports fell 5.92 percent to $6.24 billion.
  • Trade with No. 2 Port of Los Angeles rose 9.14 percent to $3.38 billion.
    Exports rose 8.03 percent to $669.01 million. Imports rose 9.42 percent to $2.71 billion.
  • Trade with No. 3 San Francisco International Airport, Calif. fell 9.34 percent to $3.07 billion.
    Exports rose 30.86 percent to $600.3 million. Imports fell 15.63 percent to $2.47 billion.
  • Trade with No. 4 Port of New Orleans fell 6.43 percent to $2.76 billion.
    Exports fell 53.01 percent to $161.33 million. Imports fell 0.28 percent to $2.59 billion.
  • Trade with No. 5 Los Angeles International Airport fell 15.53 percent to $1.75 billion.
    Exports rose 5.21 percent to $482.76 million. Imports fell 21.41 percent to $1.27 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 $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 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 $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Malaysia by value through August were the categories of Computer chips; Civilian aircraft, parts; Photo-sensitive semi-conductors, parts; Copper waste and scrap; and Plastics, respectively. They accounted for 37.82 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 60.16 percent of all inbound shipments.

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

  • Computer chips fell 21.72 percent compared to last year to $1.74 billion.
  • Civilian aircraft, parts fell 21.19 percent compared to last year to $607.82 million.
  • Photo-sensitive semi-conductors, parts rose 15.03 percent compared to last year to $311.68 million.
  • Copper waste and scrap rose 168.04 percent compared to last year to $274.8 million.
  • Plastics rose 266 percent compared to last year to $229.65 million.

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

  • Computer chips fell 1.84 percent compared to last year to $9.74 billion.
  • Photo-sensitive semi-conductors, parts rose 73.9 percent compared to last year to $1.79 billion.
  • Cell phones, related equipment fell 39.82 percent compared to last year to $1.69 billion.
  • Printers, all types, parts fell 0.52 percent compared to last year to $1.16 billion.
  • Apparel and accessories made of rubber rose 3.95 percent compared to last year to $1.08 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.