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Malaysia

Malaysia ranked No. 19 in total trade value through March with a total of $12.13 billion. Exports totaled $2.99 billion and Imports totaled $9.14 billion, a deficit of $6.14 billion.

January – March 2019

Top Trading Ports

Total Trade: $12.13 billion

RankPortTotal YTD
1Anchorage International Airport, Alaska $2,369,143,544
2San Francisco International Airport, Calif. $1,235,049,657
3Port of Los Angeles $1,180,354,809
4Port of New Orleans $1,014,612,646
5Los Angeles International Airport $655,341,362
6Cleveland’s Hopkins International Airport, Ohio $519,153,664
7Port of Newark $463,761,795
8Chicago O’Hare International Airport $458,923,432
9Port of Virginia $376,124,784
10Port of Savannah, Ga. $362,568,909

U.S. trade with Malaysia rose to $12.13 billion through March

Malaysia’s trade with the United States rose to $12.13 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 2.7 percent below its total trade during the same time period last year. Malaysia’s exports decreased 5.97 percent while imports fell 1.58 percent. The U.S. deficit with Malaysia was $6.14 billion.

Through March, 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 53.21 percent of Malaysia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Anchorage International Airport, Alaska fell 14.95 percent to $2.37 billion.
    Exports rose 4.12 percent to $279.29 million. Imports fell 16.98 percent to $2.09 billion.
  • Trade with No. 2 San Francisco International Airport, Calif. rose 5.92 percent to $1.24 billion.
    Exports rose 30.26 percent to $231.93 million. Imports rose 1.54 percent to $1 billion.
  • Trade with No. 3 Port of Los Angeles rose 5.74 percent to $1.18 billion.
    Exports rose 5.85 percent to $248.24 million. Imports rose 5.71 percent to $932.12 million.
  • Trade with No. 4 Port of New Orleans rose 19.68 percent to $1.01 billion.
    Exports fell 6.28 percent to $70.13 million. Imports rose 22.19 percent to $944.49 million.
  • Trade with No. 5 Los Angeles International Airport fell 17.35 percent to $655.34 million.
    Exports fell 6.79 percent to $183.63 million. Imports fell 20.84 percent to $471.71 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. 18.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 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 $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Malaysia by value through March 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 37.87 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 58.65 percent of all inbound shipments.

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

  • Computer chips fell 31.77 percent compared to last year to $660.38 million.
  • Civilian aircraft, parts fell 37.63 percent compared to last year to $191.73 million.
  • Photo-sensitive semi-conductors, parts rose 7.16 percent compared to last year to $107.87 million.
  • Copper waste and scrap rose 494.53 percent compared to last year to $103.24 million.
  • Scrap iron, steel rose 52.49 percent compared to last year to $70.69 million.

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

  • Computer chips fell 0.36 percent compared to last year to $3.39 billion.
  • Cell phones, related equipment fell 39.14 percent compared to last year to $608.76 million.
  • Photo-sensitive semi-conductors, parts rose 47.67 percent compared to last year to $547.5 million.
  • Apparel and accessories made of rubber rose 8.87 percent compared to last year to $417.1 million.
  • Printers, all types, parts rose 1.66 percent compared to last year to $395.76 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.