Applied tariffs
Simple average MFN applied
2024
*
5.4 %
Trade-weighted MFN average
2024
*
3.4 %
Share of MFN duty-free
2024
66.8 %
Bound tariffs
Simple average bound
*
21.2 %
Binding coverage
84.3 %
Share of bound duty-free
6.9 %
Imports
Total imports: 300,244.5 million USD in 2024
Imports by partner
China
21.6 %
64,934.0
million USD
Singapore
12.1 %
36,181.3
million USD
United States of America
9.2 %
27,752.2
million USD
Chinese Taipei
8.0 %
23,915.5
million USD
European Union
7.5 %
22,573.7
million USD
Japan
5.1 %
15,335.8
million USD
Indonesia
4.5 %
13,581.2
million USD
Thailand
4.1 %
12,171.0
million USD
Korea, Republic of
4.0 %
12,139.8
million USD
Saudi Arabia, Kingdom of
2.7 %
8,171.1
million USD
Rest of the World
21.1 %
63,488.8
million USD
Imports by products HS 2022
854231
Electronic integrated circuits as processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
7.7 %
23,035.8
million USD
270900
Petroleum oils and oils obtained from bituminous minerals, crude
4.6 %
13,891.9
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
4.5 %
13,394.2
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
4.3 %
12,996.7
million USD
854232
Electronic integrated circuits as memories
3.4 %
10,224.9
million USD
854290
Parts of electronic integrated circuits, n.e.s.
3.3 %
9,943.3
million USD
854239
Electronic integrated circuits (excl. such as processors, controllers, memories and amplifiers)
3.2 %
9,757.1
million USD
847150
Processing units for automatic data-processing machines, whether or not containing in the same housing one or two of the following types of unit: storage units, input units, output units (excl. those of heading 8471.41 or 8471.49 and excl. peripheral units)
1.8 %
5,516.9
million USD
847330
Parts and accessories of automatic data-processing machines or for other machines of heading 8471, n.e.s.
1.4 %
4,284.4
million USD
270119
Coal, whether or not pulverised, non-agglomerated (excl. anthracite and bituminous coal)
1.3 %
3,917.5
million USD
Rest of the products
64.4 %
193,281.7
million USD
Exports
Total exports: 330,426.0 million USD in 2024
Exports by destination
Singapore
15.3 %
50,551.6
million USD
United States of America
13.2 %
43,673.2
million USD
China
12.5 %
41,153.7
million USD
European Union
7.7 %
25,374.9
million USD
Hong Kong, China
5.9 %
19,521.9
million USD
Japan
5.5 %
18,082.7
million USD
Chinese Taipei
4.5 %
14,724.5
million USD
Thailand
3.9 %
12,909.3
million USD
Indonesia
3.6 %
11,927.0
million USD
Korea, Republic of
3.6 %
11,812.6
million USD
Rest of the World
24.4 %
80,694.5
million USD
Exports by products HS 2022
854231
Electronic integrated circuits as processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
12.1 %
39,862.8
million USD
854239
Electronic integrated circuits (excl. such as processors, controllers, memories and amplifiers)
6.0 %
19,662.2
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
5.1 %
16,714.3
million USD
271111
Natural gas, liquefied
4.0 %
13,307.2
million USD
151190
Palm oil and its fractions, whether or not refined (excl. chemically modified and crude)
3.1 %
10,309.8
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
2.7 %
8,883.0
million USD
854290
Parts of electronic integrated circuits, n.e.s.
2.5 %
8,268.2
million USD
852351
Solid-state, non-volatile data storage devices for recording data from an external source [flash memory cards or flash electronic storage cards] (excl. goods of chapter 37)
2.1 %
7,007.5
million USD
270900
Petroleum oils and oils obtained from bituminous minerals, crude
1.9 %
6,204.1
million USD
854232
Electronic integrated circuits as memories
1.8 %
5,996.3
million USD
Rest of the products
58.8 %
194,210.6
million USD
Preferential regimes provided by Malaysia
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Malaysia as a beneficiary based on other economies reported preferential regimes
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