Malaysia's high-technology exports (current US$) was US$134.79 billion in 2024, the latest year in the World Bank's World Development Indicators. That is up 89.96% from US$70.95 billion in 2014 (6.63% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$134.79 billion | 2024 |
| Five years earlier | US$86.9 billion | 2019 |
| Ten years earlier | US$70.95 billion | 2014 |
| Highest | US$136.83 billion | 2022 |
| Lowest | US$56.04 billion | 2009 |
| Average since 2015 | US$97.86 billion | 2015–2024 |
| First recorded | US$56.04 billion |
What the numbers say
In 2024, Malaysia's high-technology exports (current US$) rose 6.1% on 2023 (from US$127.03 billion to US$134.79 billion).
Across the 14 yearly changes before that (2010 to 2023), the average change was +6.6% and a typical year strayed about 11.5% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 25.9% in 2022 and the biggest yearly fall was 9.1% in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about US$8.81 billion a year. A straight line explains 92% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Malaysia had the 8th highest value of the 120 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Malaysia | US$134.79 billion | 2024 |
| World | US$3.58 trillion | 2023 |
| Upper middle income | US$1.3 trillion | 2023 |
Closest to Malaysia in the 2024 ranking
- United States — 4th of 120: US$232.91 billion
- Singapore — 5th of 120: US$223.59 billion
- Korea, Rep. — 6th of 120: US$216.2 billion
- Ireland — 8th of 120: US$117.64 billion
- France — 9th of 120: US$116.59 billion
- Netherlands — 10th of 120: US$103.04 billion
What this measures
High-technology exports are products with high R&D intensity, such as aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.
Limitations: The indicator is based on data reported by countries to COMTRADE. The export values presented in the World Development Indicators represent Gross Exports less Re-Exports. The values may be impacted in cases of reporting errors or missing data, for example if countries do not report Re-Exports for one or more periods.
Regional and income-group figures are computed by the World Bank as a sum.
All 16 values
| Year | High-technology exports (current US$) |
|---|---|
| 2024 | 134,785,868,653 |
| 2023 | 127,032,168,259 |
| 2022 | 136,826,796,904 |
| 2021 | 108,684,889,920 |
| 2020 | 92,101,649,422 |
| 2019 | 86,902,999,434 |
| 2018 | 90,503,212,029 |
| 2017 | 74,126,053,407 |
| 2016 | 63,205,038,631 |
| 2015 | 64,470,973,254 |
High-technology exports (current US$) in nearby economies
- Australia — US$8.19 billion (2024)
- Brunei Darussalam — US$28.95 million (2024)
- Cambodia — US$1.1 billion (2024)
- China — US$856.77 billion (2024)
- Fiji — US$2.85 million (2024)
- French Polynesia — US$1.33 million (2024)
- Hong Kong SAR, China — US$422.35 billion (2024)
- Indonesia — US$10.41 billion (2024)
- Japan — US$102.45 billion (2024)
- Korea, Rep. — US$216.2 billion (2024)
More infrastructure data for Malaysia
- Fixed telephone subscriptions — 8.22 million (2024)
- Fixed telephone subscriptions (per 100 people) — 23.11 (2024)
- Air transport, registered carrier departures worldwide — 359,378 (2023)
- Air transport, freight (million ton-km) — 1,910 (2023)
- Air transport, passengers carried — 46.7 million (2023)
- Mobile cellular subscriptions — 49.66 million (2024)
- Mobile cellular subscriptions (per 100 people) — 139.67 (2024)
- Patent applications, nonresidents — 6,356 (2024)
- Patent applications, residents — 841 (2024)
- Medium and high-tech exports (% manufactured exports)
Reading data like this
Questions people ask
- What is Malaysia's high-technology exports (current US$)?
- US$134.79 billion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2009?
- It is up 140.5% from US$56.04 billion in 2009 (6.02% a year on average, compounded). The highest value was US$136.83 billion in 2022 and the lowest US$56.04 billion in 2009.
- How does Malaysia rank?
- 8th highest of 120 economies with data for 2024.
- Is the latest change in high-technology exports (current US$) unusual for Malaysia?
- In 2024, Malaysia's high-technology exports (current US$) rose 6.1% on 2023 (from US$127.03 billion to US$134.79 billion). Across the 14 yearly changes before that (2010 to 2023), the average change was +6.6% and a typical year strayed about 11.5% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator TX.VAL.TECH.CD, licensed CC BY 4.0. Original source: Comtrade database, United Nations (UN), uri: comtrade.un.org, publisher: UN Statistics Division; World Integrated Trade Solution system (WITS), World Bank (WB), uri: https://wits.worldbank.org/ Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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