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Import News
10-12-2024
In 2023, Malaysia's total merchandise imports amounted to USD 265 billion. In 2022, Malaysia's merchandise imports were valued at USD 294 billion. Compared to 2022, Malaysia's overall merchandise imports decreased by 9.75%.
According to the latest data from Tendata iTrader, based on 4-digit HS codes, Malaysia's top 10 imported products in 2023 were:
1.HS Code 8542 (16.5%, USD 43 billion): Electronic integrated circuits and microassemblies
2.HS Code 2710 (10.7%, USD 28 billion): Petroleum oils and oils from bituminous minerals, not crude; preparations not elsewhere specified containing 70% or more of petroleum oils or oils from bituminous minerals; waste oils
3.HS Code 2709 (5.09%, USD 13.5 billion): Petroleum oils and oils obtained from bituminous minerals, crude
4.HS Code 2701 (1.95%, USD 5.19 billion): Coal; briquettes, ovoids, and similar solid fuels manufactured from coal
5.HS Code 8517 (1.79%, USD 4.76 billion): Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets, and telecommunication apparatus for carrier-current line systems or digital line systems; videophones
6.HS Code 8541 (1.71%, USD 4.55 billion): Semiconductor devices (e.g., diodes, transistors, semiconductor-based transducers); including photovoltaic cells, light-emitting diodes (LEDs), and mounted piezoelectric crystals
7.HS Code 8708 (1.52%, USD 4.04 billion): Parts and accessories for motor vehicles of headings 87.01 to 87.05
8.HS Code 8471 (1.52%, USD 4.04 billion): Automatic data processing machines and units thereof; magnetic or optical readers, and machines for processing coded data
9.HS Code 7108 (1.08%, USD 2.87 billion): Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form
10.HS Code 8534 (1.05%, USD 2.79 billion): Printed circuits
When you need to understand the Malaysian market, you can use product names or HS codes to search in Tendata's Malaysia Import Data to gain insights into market trends across industries. In addition to the above, Tendata also allows searching by importer name, importer address, port of origin, port of destination, bill of lading number, weight, quantity, container count, and dimensions. All these fields are available in the Malaysia Import Data. With this data, you can quickly perform market analysis. Below is a sample query (data as of November 30, 2024):
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The latest data from Tendata iTrader shows Malaysia's top import partners in 2023 were:
1.China (21%, USD 56 billion)
2.Malaysia (11.8%, USD 31 billion)
3.USA (7.35%, USD 19.5 billion)
4.Other Asia, nes (6.91%, USD 18.3 billion)
5.Japan (5.85%, USD 15.5 billion)
6.Indonesia (4.97%, USD 13.2 billion)
7.Korea (4.55%, USD 12 billion)
8.Thailand (4.49%, USD 11.9 billion)
9.Saudi Arabia (3.6%, USD 9.57 billion)
10.Australia (2.86%, USD 7.61 billion)
If you want to know whether Malaysian importers tend to work with exporters from your country, you can search by country name in Tendata’s Malaysia Import Data. Don't forget to select the time range to get the latest import and export data. Below is a sample query (data as of November 30, 2024):
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Leverage customs data and relevant market intelligence to expand your import business in Malaysia.
Our Malaysia data covers company information, products, and other detailed customs information. Every shipment detail for Malaysia imports is valuable to the industry. From importers and exporters to logistics companies and other sectors, Malaysia import data adds value to every business.
Why You Need Malaysia Import Data？
According to Malaysia Import Data, importers can:
1.Quickly find suppliers in the Malaysian market
2.Understand the market conditions and trade dynamics in Malaysia
3.Stay ahead of your competitors by monitoring their activities
4.Use data-driven strategies and real-time marketing updates
5.Set long-term business goals and increase company revenue
Why Choose Tendata's Malaysia Import Data？
Tendata connects trade data from 218 countries and regions, business data from 198 countries, and internet data from 172 countries. A single search provides access to information on approximately 130 million global active buyers and suppliers, all with real purchasing records and intentions. This allows you to quickly gather your ideal customer base in just 0.01 seconds, saving you a lot of time.
If you are a marketer or trader eager to import cost-effective products, contact us now to access Malaysia's customs data from 218 countries and regions. Please visit our website at tendata.com or send an email to emarketing@tendata.cn for more information.
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