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Malaysia

Malaysia ranked No. 19 in total trade value through July with a total of $29.09 billion. Exports totaled $7.31 billion and Imports totaled $21.79 billion, a deficit of $14.48 billion.

January – July 2019

Top Trading Ports

Total Trade: $29.09 billion

RankPortTotal YTD
1Anchorage International Airport, Alaska $5,717,141,427
2Port of Los Angeles $2,873,573,271
3San Francisco International Airport, Calif. $2,732,300,360
4Port of New Orleans $2,379,876,677
5Los Angeles International Airport $1,548,951,995
6Cleveland’s Hopkins International Airport, Ohio $1,327,801,402
7Port of Newark $1,153,479,202
8Port of Virginia $1,089,737,967
9Chicago O’Hare International Airport $1,036,412,475
10Port of Savannah, Ga. $856,148,956

U.S. trade with Malaysia rose to $29.09 billion through July

Malaysia’s trade with the United States rose to $29.09 billion through the first seven months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 3.81 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 3.95 percent. The U.S. deficit with Malaysia was $14.48 billion.

Through July, 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 52.42 percent of Malaysia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Anchorage International Airport, Alaska fell 11.08 percent to $5.72 billion.
    Exports rose 19.65 percent to $732.4 million. Imports fell 14.31 percent to $4.98 billion.
  • Trade with No. 2 Port of Los Angeles rose 6.75 percent to $2.87 billion.
    Exports rose 6.5 percent to $588.79 million. Imports rose 6.81 percent to $2.28 billion.
  • Trade with No. 3 San Francisco International Airport, Calif. fell 7.51 percent to $2.73 billion.
    Exports rose 33.59 percent to $540.22 million. Imports fell 14.02 percent to $2.19 billion.
  • Trade with No. 4 Port of New Orleans fell 4.14 percent to $2.38 billion.
    Exports fell 55.51 percent to $141.38 million. Imports rose 3.4 percent to $2.24 billion.
  • Trade with No. 5 Los Angeles International Airport fell 15.25 percent to $1.55 billion.
    Exports rose 5.81 percent to $422.58 million. Imports fell 21.14 percent to $1.13 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 $2.41 trillion, down 0.06 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $956.44 billion; imports climbed 0.38 percent to $1.45 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 $498.31 billion, up compared to the same period of last year when the deficit was $485.95 billion.

The top five U.S. exports to Malaysia by value through July were the categories of Computer chips; Civilian aircraft, parts; Photo-sensitive semi-conductors, parts; Copper waste and scrap; and Medical technology, respectively. They accounted for 37.87 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 59.28 percent of all inbound shipments.

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

  • Computer chips fell 22.97 percent compared to last year to $1.52 billion.
  • Civilian aircraft, parts fell 20.27 percent compared to last year to $542.35 million.
  • Photo-sensitive semi-conductors, parts rose 13.33 percent compared to last year to $266.55 million.
  • Copper waste and scrap rose 178.36 percent compared to last year to $238.36 million.
  • Medical technology rose 9.85 percent compared to last year to $201.94 million.

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

  • Computer chips fell 6.28 percent compared to last year to $8.03 billion.
  • Photo-sensitive semi-conductors, parts rose 66.04 percent compared to last year to $1.47 billion.
  • Cell phones, related equipment fell 39.28 percent compared to last year to $1.46 billion.
  • Printers, all types, parts fell 0.08 percent compared to last year to $996.06 million.
  • Apparel and accessories made of rubber rose 5.35 percent compared to last year to $950.51 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.