Malaysia
U.S. Trade with Malaysia in 2022
Export Market Rank
#27 Among U.S. Agricultural Export Markets
Total Export Value
$1.13 Billion
3-Year Average
$1.15 Billion
Compound Average Growth
-0.59% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022
Top 10 Exports to Malaysia in 2022
Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
---|---|---|---|---|
Soybeans | $268.1 Million | 430,975 | $201.87 Million | 76% |
Dairy Products | $218.75 Million | 68,417 | $140.58 Million | 21% |
Food Preparations | $119.34 Million | 5,629 | $102.68 Million | 25% |
Processed Vegetables | $73.99 Million | 48,165 | $57.41 Million | 39% |
Cotton | $64.56 Million | 32,684 | $65.11 Million | 98% |
Tree Nuts | $32.44 Million | 5,448 | $32.49 Million | 13% |
Wheat | $28.12 Million | 66,928 | $63.16 Million | -56% |
Other Feeds, Meals & Fodders | $27.18 Million | 25,330 | $37.55 Million | -59% |
Essential Oils | $24.46 Million | 692 | $17.77 Million | 295% |
Forest Products | $24.18 Million | --- | $29.52 Million | -27% |
Data and Analysis
The revision of the Malaysia’s Biosafety Act 2007 and Biosecurity Regulations are on-going, with no anticipated timeframe for publication. In addition, the Department of Biosafety Malaysia conducted a public consultation on Low-Level Presence (LLP)...
The Malaysian Government looks towards 2025 and B30 implementation. Interest in sustainable aviation fuel (SAF) is gaining traction and a few projects by the national oil company, Petronas and the state government of Sarawak are in the works.
Domestic tourism and consumer spending have helped drive the post-pandemic recovery in Malaysia’s hotel, restaurant, and institutional (HRI) industry.
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.