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Malaysia

Malaysia ranked No. 18 in total trade value through October with a total of $43.41 billion. Exports totaled $10.74 billion and Imports totaled $32.68 billion, a deficit of $21.94 billion.

January – October 2018

Top Trading Ports

Total Trade: $43.41 billion

RankPortTotal YTD
1Anchorage International Airport, Alaska $9,055,670,744
2San Francisco International Airport, Calif. $4,143,554,735
3Port of Los Angeles $3,927,888,621
4Port of New Orleans $3,602,895,492
5Los Angeles International Airport $2,668,762,775
6Cleveland’s Hopkins International Airport, Ohio $1,943,517,505
7Chicago O’Hare International Airport $1,893,814,822
8Port of Virginia $1,440,955,938
9Port of Newark $1,396,141,350
10Dallas-Fort Worth International Airport, Texas $1,319,887,638

U.S. trade with Malaysia rose to $43.41 billion through October

Malaysia’s trade with the United States rose to $43.41 billion through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 4.58 percent above its total trade during the same time period last year. Malaysia’s exports decreased 1.42 percent while imports rose 6.72 percent. The U.S. deficit with Malaysia was $21.94 billion.

Through October, 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 Los Angeles International Airport and No. 5 Cleveland’s Hopkins International Airport, Ohio. In the current time period, the top five accounted for 53.9 percent of Malaysia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Anchorage International Airport, Alaska rose 4.06 percent to $9.06 billion.
    Exports rose 12.93 percent to $888.59 million. Imports rose 3.18 percent to $8.17 billion.
  • Trade with No. 2 San Francisco International Airport, Calif. fell 13.11 percent to $4.14 billion.
    Exports fell 31.88 percent to $564.04 million. Imports fell 9.16 percent to $3.58 billion.
  • Trade with No. 3 Port of Los Angeles rose 9.29 percent to $3.93 billion.
    Exports rose 24.38 percent to $785.25 million. Imports rose 6.07 percent to $3.14 billion.
  • Trade with No. 4 Port of New Orleans rose 93.63 percent to $3.6 billion.
    Exports rose 22.37 percent to $392.76 million. Imports rose 108.49 percent to $3.21 billion.
  • Trade with No. 5 Los Angeles International Airport rose 9.92 percent to $2.67 billion.
    Exports rose 0.54 percent to $607.04 million. Imports rose 13.02 percent to $2.06 billion.

Malaysia ranked No. 18 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 $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Malaysia by value through October were the categories of Computer chips; Civilian aircraft, parts; Photo-sensitive semi-conductors, parts; Medical technology; and Oil, respectively. They accounted for 41.84 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; Printers, all types, parts; Photo-sensitive semi-conductors, parts; and Apparel and accessories made of rubber –– accounted for 60.47 percent of all inbound shipments.

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

  • Computer chips fell 22.43 percent compared to last year to $2.71 billion.
  • Civilian aircraft, parts fell 20.66 percent compared to last year to $892.46 million.
  • Photo-sensitive semi-conductors, parts rose 6.4 percent compared to last year to $340.53 million.
  • Medical technology rose 5.47 percent compared to last year to $274.68 million.
  • Oil rose 3.38 percent compared to last year to $272.38 million.

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

  • Computer chips rose 21.52 percent compared to last year to $12.21 billion.
  • Cell phones, related equipment fell 25.4 percent compared to last year to $3.43 billion.
  • Printers, all types, parts rose 0.11 percent compared to last year to $1.44 billion.
  • Photo-sensitive semi-conductors, parts fell 19.87 percent compared to last year to $1.37 billion.
  • Apparel and accessories made of rubber rose 17.09 percent compared to last year to $1.31 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.