Malaysia
U.S. Trade with Malaysia in 2023
Export Market Rank
#29 Among U.S. Agricultural Export Markets
Total Export Value
$830.85 Million
3-Year Average
$1.03 Billion
Compound Average Growth
-1.21% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Malaysia in 2023
Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
---|---|---|---|---|
Soybeans | $168.28 Million | 270,366 | $203.44 Million | 2% |
Dairy Products | $125.89 Million | 44,270 | $135.05 Million | -31% |
Food Preparations | $87.35 Million | 3,217 | $101.88 Million | -4% |
Cotton | $51.85 Million | 25,678 | $67.03 Million | 624% |
Processed Vegetables | $49.67 Million | 29,072 | $57.02 Million | 7% |
Wheat | $43.32 Million | 122,957 | $61.03 Million | -28% |
Tree Nuts | $35.31 Million | 6,108 | $33.16 Million | 23% |
Other Feeds, Meals & Fodders | $35.04 Million | 24,802 | $34.38 Million | -28% |
Soybean Meal | $32 Million | 60,414 | $11.35 Million | 302% |
Fresh Fruit | $20.32 Million | 8,359 | $39.85 Million | -71% |
Data and Analysis
This report provides information on the export certification requirements of the Government of Malaysia. This report supplements the Malaysia Food and Agricultural Import Regulations and Standards (FAIRS) – Country Report 2024.
The Malaysian food and beverage manufacturing industry is a significant sector in Malaysia’s economic expansion for both the domestic and export market. This sector includes several multinational corporation facilities as well as a range of local company operations.
Post revised the forecasted palm oil production in marketing year MY2023/24 to 19.0 million metric tons (MT) and exports to 16.6 million MT. Contrary to expectation, the El Niño weather pattern in Malaysia has so far been weak to medium intensity.
News and Features
Looking to increase U.S. exporter presence in Southeast Asian markets, a U.S. Department of Agriculture delegation, led by USDA Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor, expanded existing trade ties in Malaysia and Singapore earlier this month.
Leaders from three state agriculture departments and 29 U.S. agribusinesses and organizations will accompany U.S. Department of Agriculture Under Secretary Alexis M. Taylor on a trade mission to Southeast Asia October 30 – November 3 to expand export opportunities for U.S. food and farm products to the Association of Southeast Asian Nations (ASEAN), the world’s fourth-largest market.
The U.S. Department of Agriculture (USDA) is accepting applications from U.S. exporters for a two-country agricultural trade mission to Kuala Lumpur, Malaysia and Singapore on Oct. 30 – Nov. 3, 2023.