MDEC records US$1.7 billion in digital exports, elevating and connecting Malaysian tech companies globally 

• H1 2025 digital exports reached US$641 million from 350 companies in 39 markets
• In 2024, 325 Malaysian companies generated US$1 billion in digital exports across 27 countries

The Malaysia Digital Economy Corporation (MDEC), which marks its 30th anniversary this year, has announced a key milestone in Malaysia’s digital economy journey, with US$1.7 billion (RM6.8 billion) in digital exports recorded between 2024 and the first half (H1) of 2025.

In a statement, the agency noted that this strong export performance was driven by MDEC’s Founders Centre of Excellence (FOX) and Gateway, Amplify, Invest & Nurture (GAIN) programmes, designed to support high-potential Malaysian digital companies in expanding internationally, securing growth capital, and building sustainable competitiveness.

It added that in 2024 alone, Malaysia generated US$1 billion (RM4.2 billion) in digital exports, driven by 325 companies operating across 27 countries. This momentum continued into H1 2025, with digital exports reaching US$641 million (RM2.6 billion), supported by 350 companies expanding into 39 markets worldwide.

[RM1 = US$0.22]

Notably, AI-enabled companies accounted for approximately 50% of total digital exports, highlighting Malaysia’s growing capabilities in advanced digital technologies.

These robust performance indicators are expected to carry into the second half of 2025, further strengthening the scale, competitiveness, and resilience of Malaysia’s digital ecosystem.

Minister of Digital, Gobind Singh Deo (pic), said the strong export outcomes demonstrate Malaysia’s readiness to lead in the global digital economy, underpinned by clear policies and effective public–private partnerships.

“Malaysia’s digital export growth reflects international confidence in our policies, talent and digital infrastructure. As we advance towards becoming an AI Nation by 2030, our priority is to ensure innovation translates into tangible economic value through exports, the creation of high-quality jobs, and sustainable growth. These results show that Malaysian digital companies are increasingly well prepared to compete and succeed globally,” Gobind said.

Beyond export growth, the FOX programmes, designed to accelerate company valuations, onboarded 43 high-growth companies, engaged 20 strategic partners, and delivered 51 structured programmes and facilitation initiatives, supported by more than 300 targeted interventions.

These efforts contributed to a combined valuation of US$3.15 billion among participating companies, including the emergence of another Malaysian unicorn, underscoring the ecosystem’s growing maturity and global relevance. The programmes also enabled access to growth capital, including nine initial public offering pathways.

MDEC CEO, Anuar Fariz Fadzil (pic), said the results reflect MDEC’s evolution over three decades, from an ecosystem builder to a global scale enabler, further strengthening Malaysia’s position as a regional digital and innovation hub. “The strong digital export performance achieved over the past two years demonstrates how targeted facilitation, enhanced market access, and funding support can accelerate Malaysia Digital (MD) companies to scale more rapidly, compete with confidence, and establish a sustainable global presence,” he added.

Malaysia’s digital exports were distributed across key regions, with Asean accounting for 60%, followed by the Middle East, the Americas, Europe, and other markets, each contributing 10%.