Electronic products and machinery have reinforced their pivotal role in the trade landscape of the country. The sector has come across a year of robust growth with high export values. Electronic machinery is the largest contributor to Malaysia's merchandise exports because it accounts for 40% of the country's total annual export revenue.

Let's get into the in-depth information on the electronic machinery export of Malaysia with Import Globals Malaysia Import Data.

Role of Electronic Machinery in Malaysia's Exports

Electronic machinery exports play a central role in the trade market of Malaysia because the export-driven economy is mostly progressing with this sectoral dependency. The electronic machinery exports of Malaysia encompass a wide range of sectors like advanced machinery, electronic integrated circuits, computers, and parts; it accounts for almost 40% share of the overall merchandise exports of Malaysia. The export of electronic machinery from Malaysia is backed up by the robust demand from major global markets such as the United States, Taiwan, Singapore, and South Korea.

The overall trade performance of the electronic machinery of Malaysia is benefited by the strong global appetite for semiconductors, integrated circuits, and computing equipment. The sectoral growth of Malaysia Export Data economy is fostered by the broader manufactured goods segment. As per the reports revealed by the Malaysia Customs Data, the total valuation of electronic machinery from the nation stood at a staggering rate of 132 billion US dollars in 2024.

Topmost Electronic Machinery Exports of Malaysia

As Malaysia has experienced a recent technological evolution in its manufacturing sector, the country has reported diversity in the electronic machinery exports. The electronic machinery export sector of Malaysia is a representative of the nation’s strengthening grasp over the technological evolution. As per the Malaysia Export Data, the topmost variants of electronic machinery exported from the nation in 2024 are,

• Integrated Circuits – Export valuation – 32 billion US dollars: Annual trade share – 21%

• Computers – Export valuation – 21 billion US dollars: Annual trade share – 16%

• Semiconductor Devices – Export valuation – 16 billion US dollars: Annual trade share – 9%

• Recording Media – Export valuation – 15 billion US dollars: Annual trade share – 8.4%

• Telecommunication Equipment – Export valuation – 12 billion US dollars: Annual trade share – 7%

• Electronic Measuring Instruments – Export valuation – 10 billion US dollars: Annual trade share – 6%

• IC Parts – Export valuation – 8 billion US dollars: Annual trade share – 5.4%

• Printed Circuit Boards – Export valuation – 7 billion US dollars: Annual trade share – 4.2%

• Electrical Transformers – Export valuation – 6 billion US dollars: Annual trade share – 3.8%

• Data Processing Units – Export valuation – 5 billion US dollars: Annual trade share – 2.7%

Influential Companies Shaping the Electronic Machinery Exports

1. Intel Technology SdnBhd - Intel Technology, a subsidiary of the Malaysian Intel Corporation, is one of the most influential sectors that has been driving the electronic machinery export economy of the country. The authority, established in the early 1970s, has solidified its presence in Kuala Lumpur and other regions while contributing in a reliable manner to the country's export-oriented electronic sector. The specialization in the production, assembly, and packaging of advanced integrated circuits has promoted the overall revenue share.

2. Micron Semiconductor BHd - Micron Semiconductor, a part of Micron Technology Inc., is one of the influential industries that has been shaping the electronic machinery export of Malaysia. It is headquartered in the United States. The company was the second-largest exporter in the integrated circuits category, accounting for 39.25% share of the overall export revenue.

3. ST Microelectronics BHd - ST Microelectronics is the third topmost company that has been shaping the electronic machinery export of Malaysia. It is facilitating the overall revenue of the electronic machinery export with a 10.16% share of the revenue rate. It basically focuses on the production of integrated circuit technologies used for automotive, industrial, and consumer applications.

Topmost Export Trade Partners of Malaysia in 2024

The electronic machinery export trade of Malaysia is supported by a diversified network of international trade partners. It represents the country's strategic position in the global supply chain. The high-value shipments of the nation, specifically electronic equipment, are mostly focused on the sectoral demand rates. As per the Malaysia Trade Data, the topmost export trade partners of the nation for electronic machinery exports in 2024 are,

1. Singapore - Singapore is the topmost export trade partner of Malaysia, accounting for 15.3% of the total exports. The closer geographical proximity of the nation and the extensive supply chain linkages have been promoting the intra-border trades of specific essentials like electronic equipment.

2. United States - The United States is the second largest export partner of Malaysia, with a 13.2% share of the exports. The trade is mostly focused on electronics, electrical, machinery, and other manufactured essentials.

3. China - China stands as the third largest export partner, accounting for 12.4% of the total export. It absorbs a broad range of Malaysian goods, mostly focused on electronic equipment and chemical products.

4. Hong Kong - Hong Kong is by far a significant role player in the export market of Malaysia, with a 5.9% share in the revenue. It facilitates the re-export and also promotes the trade flows across the Asian region.

5. Japan - Wrapping up the list of the topmost export trade partners of Malaysia, Japan stands as the fifth largest one with an overall revenue share of 5.5% of the Malaysian exports. It is driven by demand for machinery, electronics, and petrochemical products.

Conclusion

The electronic machinery export market of Malaysia is continuously upgrading with time due to the continuous investment in the research and development sector by the government authorities. To properly fulfil the upward trajectory of the growing global demand, the country has been outsourcing its production rate via proper trade activities and industrial regulations. Subscribe to Import Globals, the leading Malaysia import export trade provider, to stay up-to-date with the latest information on the electronic machinery export of the country, with Malaysia trade data.

FAQ'S

Que. What is the export trade value of electronic machinery from Malaysia in 2024?
Ans. The export trade value of electronic machinery from Malaysia in 2024 is 132 billion US dollars.

Que. Who is the top export trade partner of Malaysia in 2024?
Ans. Singapore is the top export trade partner of Malaysia in 2024.

Que. Name the topmost variant of electronic equipment exported fromMalaysia in 2024.
Ans. Integrated circuits are the topmost variant of electronic equipment exported from Malaysia in 2024.

Que. Where can you get a detailed analysis of the electronic equipment export of Malaysia in 2024?
Ans. By subscribing to Import Globals, you can get a detailed analysis of the electronic equipment export of Malaysia in 2024.