Malaysia's trade surplus widened to MYR 22.2 billion in June 2021 from MYR 20.9 billion in the same month a year ago, and above market expectations of MYR 19 billion. It was the largest trade surplus since March, due to a surge in exports, amid improving global demand. Exports jumped 27.2 to USD 105.5 billion, led by higher sales of agriculture sectors (40.0%), mining (32.9%), and manufactured goods (25.8%). Imports rose by 32.1 percent to USD 83.2 billion as purchases roe for all categories: consumption goods (19.2 percent), intermediate goods (25.3 percent), and capital goods (15.2%). source: Department of Statistics, Malaysia
Balance of Trade in Malaysia averaged 3949.76 MYR Million from 1970 until 2021, reaching an all time high of 25176 MYR Million in July of 2020 and a record low of -3633.59 MYR Million in April of 2020. This page provides the latest reported value for - Malaysia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malaysia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Balance of Trade in Malaysia is expected to be 5000.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Balance of Trade is projected to trend around 9820.00 MYR Million in 2022, according to our econometric models.