The import of passenger and goods transport ships and boats to Malaysia stood at 614.63 million USD in 2023. From 2024 to 2027, forecasted data indicate a steady increase yearly, reaching 647.82 million USD by 2027. This reflects a year-on-year growth of 1.39% in 2024, 1.34% in 2025, 1.30% in 2026, and 1.26% in 2027. Over the five-year period from 2023 to 2027, the compound annual growth rate (CAGR) is anticipated to be 1.32%.
Future trends to monitor include global economic conditions impacting trade, advancements in ship and boat manufacturing technology, and Malaysia's domestic policies on maritime imports. Additionally, shifts in regional trade agreements and environmental regulations may also influence future import volumes.
