Malaysia
On this page you will find beneficial information regarding foreign direct investment in / trading with Malaysia. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Constitutional Monarchy
Population: 33.6 million (2021)
GDP: 18.26 billion USD (2021)
Corporate Tax Rate: 17% - 23%
Personal Income Tax Rate: 0% - 30%
Major Exports: Integrated Circuits ($71B), Refined Petroleum ($29.3B), Palm Oil ($15B), Rubber Apparel ($13.3B), and Petroleum Gas ($10.7B), exporting mostly to Singapore ($49.6B), China ($47.9B), United States ($42.9B), Hong Kong ($19.2B), and Japan ($19B).
Major Imports: Integrated Circuits ($34.4B), Refined Petroleum ($18.7B), Crude Petroleum ($4.92B), Coal Briquettes ($4.36B), and Gold ($4.01B), importing mostly from China ($70.7B), Singapore ($27.7B), Japan ($15B), United States ($14.8B), and Chinese Taipei ($13.8B).
Investment Agency: Malaysian Investment Development Authority
Website: https://www.mida.gov.my/
National Chamber of Commerce: Malaysian International Chamber of Commerce and Industry
Website: https://www.micci.com/ 
Customs Agency: Royal Malaysian Customs Department
Website: http://www.customs.gov.my/en/
