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Malaysia Tariff Rate

Malaysia's tariff rate fell to 5.43% in 2022, down from 5.61% in 2021, according to World Bank. This represents a decrease of 0.18% from the previous year. Malaysia has tariff rate lower than the global median (5.43% vs median 5.90%). Compared with the median in Asia, Malaysia is higher (5.43% vs regional median 5.36%) and ranks 22nd out of 45 countries in Asia.

Yearly Historical Data (1988-2022)

(in %)
Year Tariff Rate (%)
2022 5.43%
2021 5.61%
2020 5.65%
2016 6.22%
2014 3.37%
2013 6.98%
2012 6.6%
2011 6.61%
2010 5.82%
2009 6.7%
2008 6.79%
2007 6.99%
2006 6.96%
2005 7.55%
2004 12.06%
2003 7.94%
2002 7.51%
2001 8.01%
2000 9.53%
1999 10.38%
1998 14.09%
1997 8.88%
1996 10.92%
1993 13.01%
1991 16.4%
1988 18.6%
Malaysia Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Malaysia on all products, expressed as a percentage.
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
Net Trade (Goods & Services, BoP) $22.7B $20.44B 2024
Trade (% GDP) 137.37% 132.06% 2024