The U.S. trade deficit with Malaysia
was $17.3 billion in 2004, an increase of $2.8 billion
from $14.5 billion in 2003. U.S. goods exports in 2004
were $10.9 billion, down 0.2 percent from the previous
year. Corresponding U.S. imports from Malaysia were $28.2
billion, up 10.8 percent.
Malaysia is currently the 16th largest export market for
U.S. goods. U.S. exports of private commercial services
(i.e., excluding military and government) to Malaysia
were $1.2 billion in 2003 (latest data available), and
U.S. imports were $494 million. Sales of services in Malaysia
by majority U.S.-owned affiliates were $1.4 billion in
2002 (latest data available), while sales of services
in the United States by majority Malaysia-owned firms
were $232 million.
The stock of U.S. foreign direct investment (FDI) in Malaysia
in 2003 was $7.6 billion, up from
$7.0 billion in 2002. U.S. FDI in Malaysia is concentrated
largely in the manufacturing, mining,
and wholesale sectors.
