The import of ICT goods in Malaysia is projected to grow steadily from 2024 to 2028. In 2024, the forecasted import value is 198.86 billion Malaysian Ringgits, progressively rising to 211.84 billion by 2028. Comparing to 2023, where the actual import value stood at 195.64 billion Ringgits, the forecast demonstrates a consistent year-on-year increase in the range of 1.96% to 1.55%, with a compound annual growth rate (CAGR) of 1.79% over the five-year period.

Future trends to watch for:

Technological advancements and the rollout of 5G infrastructure, which could drive further demand for ICT goods.
Global economic conditions and trade policies which might impact import values.
Domestic ICT industry growth that could alter import dependency.