This study aims to explore the export performance of small and medium enterprises (SMEs) in the manufacturing sector in Malaysia as they account for the majority of Malaysia's total business establishment. The performance of their recent exportation exhibits an uncertain trend over the past few years. On top of that, there is a limited number of previous studies done on the dynamic capability and international opportunity recognition, especially among SMEs in emerging countries. Therefore, this study embarks on an exploration of ways and means to strongly secure their positions in international markets by considering the dynamic capability in recognizing business opportunities internationally. This study also endeavours to examine the actual and expected relationship between dynamic capability, and export performance. Inclusively, the discussion involves a mediation effect of opportunity recognition at the international level. Several analyses, namely descriptive, validity and reliability analyses, and regression will be conducted to achieve the objectives of this study.