Goods imports in Malaysia
Malaysia: Goods imports was 222.72 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
222.72 billion BoP, current US$
Change on year
up 10.5%
World rank
27th
of 200 countries
All-time high
238.51 billion BoP, current US$
in 2022
All-time low
3.55 billion BoP, current US$
in 1975
Years of data
51
1974–2024
Goods imports in Malaysia, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for goods imports in Malaysia is 222.72 billion BoP, current US$, measured in 2024.
That represents a change of up 10.5% on the previous year and up 28.8% over ten years.
Over the whole period, goods imports in Malaysia peaked at 238.51 billion BoP, current US$ in 2022 and was at its lowest, 3.55 billion BoP, current US$, in 1975.
Malaysia ranks 27th of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports in Malaysia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 3.96 billion BoP, current US$ | — |
| 1975 | 3.55 billion BoP, current US$ | -10.3% |
| 1976 | 3.81 billion BoP, current US$ | +7.3% |
| 1977 | 4.55 billion BoP, current US$ | +19.4% |
| 1978 | 5.76 billion BoP, current US$ | +26.6% |
| 1979 | 7.91 billion BoP, current US$ | +37.4% |
| 1980 | 10.57 billion BoP, current US$ | +33.6% |
| 1981 | 11.89 billion BoP, current US$ | +12.5% |
| 1982 | 12.80 billion BoP, current US$ | +7.7% |
| 1983 | 13.37 billion BoP, current US$ | +4.4% |
| 1984 | 13.59 billion BoP, current US$ | +1.7% |
| 1985 | 11.68 billion BoP, current US$ | -14.1% |
| 1986 | 10.44 billion BoP, current US$ | -10.6% |
| 1987 | 12.09 billion BoP, current US$ | +15.8% |
| 1988 | 15.55 billion BoP, current US$ | +28.6% |
| 1989 | 20.50 billion BoP, current US$ | +31.8% |
| 1990 | 26.28 billion BoP, current US$ | +28.2% |
| 1991 | 33.32 billion BoP, current US$ | +26.8% |
| 1992 | 36.67 billion BoP, current US$ | +10.1% |
| 1993 | 43.20 billion BoP, current US$ | +17.8% |
| 1994 | 55.32 billion BoP, current US$ | +28.1% |
| 1995 | 71.87 billion BoP, current US$ | +29.9% |
| 1996 | 73.14 billion BoP, current US$ | +1.8% |
| 1997 | 74.03 billion BoP, current US$ | +1.2% |
| 1998 | 54.38 billion BoP, current US$ | -26.5% |
| 1999 | 61.40 billion BoP, current US$ | +12.9% |
| 2000 | 77.52 billion BoP, current US$ | +26.2% |
| 2001 | 69.52 billion BoP, current US$ | -10.3% |
| 2002 | 75.22 billion BoP, current US$ | +8.2% |
| 2003 | 79.28 billion BoP, current US$ | +5.4% |
| 2004 | 99.22 billion BoP, current US$ | +25.1% |
| 2005 | 108.62 billion BoP, current US$ | +9.5% |
| 2006 | 123.44 billion BoP, current US$ | +13.6% |
| 2007 | 138.43 billion BoP, current US$ | +12.1% |
| 2008 | 148.39 billion BoP, current US$ | +7.2% |
| 2009 | 117.33 billion BoP, current US$ | -20.9% |
| 2010 | 148.93 billion BoP, current US$ | +26.9% |
| 2011 | 169.23 billion BoP, current US$ | +13.6% |
| 2012 | 172.15 billion BoP, current US$ | +1.7% |
| 2013 | 171.71 billion BoP, current US$ | -0.3% |
| 2014 | 172.88 billion BoP, current US$ | +0.7% |
| 2015 | 146.69 billion BoP, current US$ | -15.1% |
| 2016 | 140.99 billion BoP, current US$ | -3.9% |
| 2017 | 159.27 billion BoP, current US$ | +13.0% |
| 2018 | 177.23 billion BoP, current US$ | +11.3% |
| 2019 | 167.15 billion BoP, current US$ | -5.7% |
| 2020 | 153.23 billion BoP, current US$ | -8.3% |
| 2021 | 199.78 billion BoP, current US$ | +30.4% |
| 2022 | 238.51 billion BoP, current US$ | +19.4% |
| 2023 | 201.47 billion BoP, current US$ | -15.5% |
| 2024 | 222.72 billion BoP, current US$ | +10.5% |
Malaysia compared with similar countries
- Malaysia's 222.72 billion BoP, current US$ is above the median for upper middle income countries, which is 16.47 billion BoP, current US$, 13.5× the median. (57 countries reporting)
- Malaysia's 222.72 billion BoP, current US$ is above the median for East Asia & Pacific, which is 8.66 billion BoP, current US$, 25.7× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.92 billion BoP, current US$ | 3.55 billion BoP, current US$ | 7.91 billion BoP, current US$ | 6 |
| 1980s | 13.25 billion BoP, current US$ | 10.44 billion BoP, current US$ | 20.50 billion BoP, current US$ | 10 |
| 1990s | 52.96 billion BoP, current US$ | 26.28 billion BoP, current US$ | 74.03 billion BoP, current US$ | 10 |
| 2000s | 103.70 billion BoP, current US$ | 69.52 billion BoP, current US$ | 148.39 billion BoP, current US$ | 10 |
| 2010s | 162.62 billion BoP, current US$ | 140.99 billion BoP, current US$ | 177.23 billion BoP, current US$ | 10 |
| 2020s | 203.14 billion BoP, current US$ | 153.23 billion BoP, current US$ | 238.51 billion BoP, current US$ | 5 |
Countries ranked near Malaysia
- 24 Brazil 290.77 billion BoP, current US$ compare
- 25 Indonesia 230.58 billion BoP, current US$ compare
- 26 Saudi Arabia 229.52 billion BoP, current US$ compare
- 28 Austria 208.19 billion BoP, current US$ compare
- 29 Sweden 200.60 billion BoP, current US$ compare
- 30 Czechia 196.91 billion BoP, current US$ compare
More economy & growth data for Malaysia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.97 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 13.04 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0309 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 366.69 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 15.59 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 96.92 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0369 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 438.53 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 8.09 % change on previous year (2025)
Frequently asked questions
- What is goods imports in Malaysia?
- Goods imports in Malaysia was 222.72 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Malaysia?
- The highest recorded value was 238.51 billion BoP, current US$ in 2022.
- What is the lowest goods imports recorded in Malaysia?
- The lowest recorded value was 3.55 billion BoP, current US$ in 1975.
- How does Malaysia rank for goods imports?
- Malaysia ranks 27th out of 200 countries with data for 2024.
- Is goods imports rising or falling in Malaysia?
- Over the last ten years it is up 28.8%. The long-run trend across the full record is volatile.
- Where does this Malaysia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.