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Malaysia Net Trade (Goods & Services, BoP)

Malaysia's net trade (goods & services, bop) rose to $22.7 billion in 2024, up from $20.44 billion in 2023, according to World Bank. This represents an increase of 11.1% ($2.26 billion) from the previous year. Malaysia has net trade (goods & services, bop) higher than the global median ($22.70 billion vs median -$215.12 million). Compared with the median in Asia, Malaysia is higher ($22.70 billion vs regional median $634.26 million) and ranks 9th out of 42 countries in Asia.

Yearly Historical Data (1974-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 22.7
2023 20.44
2022 29.12
2021 26.98
2020 21.6
2019 27.5
2018 24.05
2017 21.99
2016 19.99
2015 22.71
2014 31.34
2013 27.54
2012 33.88
2011 46.44
2010 40.43
2009 41.55
2008 51.31
2007 38.52
2006 35.47
2005 30.78
2004 25.41
2003 21.76
2002 16.57
2001 16.18
2000 18.02
1999 19.83
1998 15.9
1997 0.94
1996 1.41
1995 -3.48
1994 -1.15
1993 -0.07
1992 0.8
1991 -1.8
1990 0.9
1989 2.36
1988 3.6
1987 4.46
1986 1.62
1985 1.58
1984 0.61
1983 -1.67
1982 -2.42
1981 -1.66
1980 0.57
1979 1.84
1978 0.89
1977 0.98
1976 1.05
1975 -0.16
1974 -0.09
Malaysia Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Malaysia, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $329.45B $312.61B 2024
Annual Imports $299.51B $265.64B 2024
Balance of Trade MYR 19.9B MYR 15.8B Sep'25
Exports MYR 138.7B MYR 131.3B Sep'25
Exports (% GDP) 71.35% 68.58% 2024
FDI Inflows (% GDP) 3.7% 1.98% 2024
Imports MYR 118.8B MYR 115.5B Sep'25
Imports (% GDP) 66.01% 63.48% 2024
Tariff Rate 5.43% 5.61% 2022
Trade (% GDP) 137.37% 132.06% 2024