Imports of goods and services in Malaysia
Malaysia: Imports of goods and services was 279.09 billion BoP, current US$ in 2024. ◆ Volatile
Latest (2024)
279.09 billion BoP, current US$
Change on year
up 10.0%
World rank
30th
of 200 countries
All-time high
283.76 billion BoP, current US$
in 2022
All-time low
4.40 billion BoP, current US$
in 1975
Years of data
51
1974–2024
Imports of goods and services in Malaysia, 1974–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for imports of goods and services in Malaysia is 279.09 billion BoP, current US$, measured in 2024.
That represents a change of up 10.0% on the previous year and up 27.9% over ten years.
Over the whole period, imports of goods and services in Malaysia peaked at 283.76 billion BoP, current US$ in 2022 and was at its lowest, 4.40 billion BoP, current US$, in 1975.
That places Malaysia 30th out of 200 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Malaysia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1974 | 4.66 billion BoP, current US$ | — |
| 1975 | 4.40 billion BoP, current US$ | -5.5% |
| 1976 | 4.64 billion BoP, current US$ | +5.6% |
| 1977 | 5.60 billion BoP, current US$ | +20.6% |
| 1978 | 7.12 billion BoP, current US$ | +27.1% |
| 1979 | 10.02 billion BoP, current US$ | +40.8% |
| 1980 | 13.53 billion BoP, current US$ | +35.0% |
| 1981 | 14.74 billion BoP, current US$ | +9.0% |
| 1982 | 16.07 billion BoP, current US$ | +9.0% |
| 1983 | 17.33 billion BoP, current US$ | +7.8% |
| 1984 | 17.84 billion BoP, current US$ | +3.0% |
| 1985 | 15.60 billion BoP, current US$ | -12.6% |
| 1986 | 14.02 billion BoP, current US$ | -10.2% |
| 1987 | 15.69 billion BoP, current US$ | +11.9% |
| 1988 | 19.76 billion BoP, current US$ | +25.9% |
| 1989 | 25.29 billion BoP, current US$ | +28.0% |
| 1990 | 31.76 billion BoP, current US$ | +25.6% |
| 1991 | 39.89 billion BoP, current US$ | +25.6% |
| 1992 | 44.01 billion BoP, current US$ | +10.3% |
| 1993 | 52.72 billion BoP, current US$ | +19.8% |
| 1994 | 67.37 billion BoP, current US$ | +27.8% |
| 1995 | 86.85 billion BoP, current US$ | +28.9% |
| 1996 | 90.71 billion BoP, current US$ | +4.4% |
| 1997 | 92.33 billion BoP, current US$ | +1.8% |
| 1998 | 67.50 billion BoP, current US$ | -26.9% |
| 1999 | 76.14 billion BoP, current US$ | +12.8% |
| 2000 | 94.27 billion BoP, current US$ | +23.8% |
| 2001 | 86.18 billion BoP, current US$ | -8.6% |
| 2002 | 91.67 billion BoP, current US$ | +6.4% |
| 2003 | 96.81 billion BoP, current US$ | +5.6% |
| 2004 | 118.49 billion BoP, current US$ | +22.4% |
| 2005 | 130.58 billion BoP, current US$ | +10.2% |
| 2006 | 147.09 billion BoP, current US$ | +12.6% |
| 2007 | 167.10 billion BoP, current US$ | +13.6% |
| 2008 | 178.66 billion BoP, current US$ | +6.9% |
| 2009 | 144.80 billion BoP, current US$ | -19.0% |
| 2010 | 181.58 billion BoP, current US$ | +25.4% |
| 2011 | 207.57 billion BoP, current US$ | +14.3% |
| 2012 | 215.50 billion BoP, current US$ | +3.8% |
| 2013 | 216.84 billion BoP, current US$ | +0.6% |
| 2014 | 218.20 billion BoP, current US$ | +0.6% |
| 2015 | 186.86 billion BoP, current US$ | -14.4% |
| 2016 | 181.13 billion BoP, current US$ | -3.1% |
| 2017 | 201.71 billion BoP, current US$ | +11.4% |
| 2018 | 221.83 billion BoP, current US$ | +10.0% |
| 2019 | 210.86 billion BoP, current US$ | -4.9% |
| 2020 | 186.61 billion BoP, current US$ | -11.5% |
| 2021 | 236.85 billion BoP, current US$ | +26.9% |
| 2022 | 283.76 billion BoP, current US$ | +19.8% |
| 2023 | 253.66 billion BoP, current US$ | -10.6% |
| 2024 | 279.09 billion BoP, current US$ | +10.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.07 billion BoP, current US$ | 4.40 billion BoP, current US$ | 10.02 billion BoP, current US$ | 6 |
| 1980s | 16.99 billion BoP, current US$ | 13.53 billion BoP, current US$ | 25.29 billion BoP, current US$ | 10 |
| 1990s | 64.93 billion BoP, current US$ | 31.76 billion BoP, current US$ | 92.33 billion BoP, current US$ | 10 |
| 2000s | 125.56 billion BoP, current US$ | 86.18 billion BoP, current US$ | 178.66 billion BoP, current US$ | 10 |
| 2010s | 204.21 billion BoP, current US$ | 181.13 billion BoP, current US$ | 221.83 billion BoP, current US$ | 10 |
| 2020s | 248.00 billion BoP, current US$ | 186.61 billion BoP, current US$ | 283.76 billion BoP, current US$ | 5 |
Countries ranked near Malaysia
- 27 Sweden 344.68 billion BoP, current US$ compare
- 28 Austria 306.48 billion BoP, current US$ compare
- 29 Indonesia 293.57 billion BoP, current US$ compare
- 31 Denmark 257.87 billion BoP, current US$ compare
- 32 Czechia 239.81 billion BoP, current US$ compare
- 33 Norway 178.65 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)
- Manufacturing, value added (current US$), per unit of GDP 0.221 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 2,900 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 0.9467 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 12,425 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.2165 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 2,842 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 11,100 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 7.88 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services in Malaysia?
- Imports of goods and services in Malaysia was 279.09 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Malaysia?
- The highest recorded value was 283.76 billion BoP, current US$ in 2022.
- What is the lowest imports of goods and services recorded in Malaysia?
- The lowest recorded value was 4.40 billion BoP, current US$ in 1975.
- How does Malaysia rank for imports of goods and services?
- Malaysia ranks 30th out of 200 countries with data for 2024.
- Is imports of goods and services rising or falling in Malaysia?
- Over the last ten years it is up 27.9%. 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 Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.