Forecast: Import of ICT Products in Malaysia

In 2023, the import of ICT products in Malaysia stood at 220 billion Malaysian Ringgits. From 2024 onwards, forecasted values indicate a steady increase: 223.38 billion (2024), 226.73 billion (2025), 230.01 billion (2026), 233.22 billion (2027), and 236.38 billion (2028). The year-on-year variation shows consistent growth: 1.54% (2025), 1.44% (2026), 1.40% (2027), and 1.36% (2028). The Compound Annual Growth Rate (CAGR) over these five years is 1.46%.

Future trends to watch for include technological advancements driving increased imports, potential policy changes affecting trade, and regional economic shifts influencing Malaysia's ICT market dynamics.