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
Post revises production estimates for MY 2023/24 down to 18.8 million tons accounting for hot and dry El Niño weather effects and limitations regarding labor. Top importing countries continue to drive demand and stocks drop to 1.83 million tons for MY 2023/24.
The Malaysian food and beverage sector continues to grow steadily. U.S. exporters can expect new opportunities in the expanding food manufacturing sector especially for food ingredients.
This report provides information on the regulations and procedures for the importation of food and agricultural products from Unites States to Malaysia. The report is supplemented by the Malaysia Food and Agricultural Import Regulations and Standards (FAIRS) – Export Certificate Report 2024.
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.