Malaysia Balance of Trade  1970-2017 | Data | Chart | Calendar | Forecast

Malaysia's trade surplus increased sharply to MYR 8.0 billion in July of 2017 from MYR 1.9 billion in the same month of the prior year and beating market estimates of a MYR 6.5 billion surplus. Year-on-year, sales increased by 30.9 percent to MYR 78.6 billion, compared to a 10.0 percent gain in June. Imports went up 21.8 percent to MYR 70.6 billion, following a 3.7 percent rise in the prior month. In June 2017, the trade surplus came in at MYR 9.9 billion. Balance of Trade in Malaysia averaged 3199.25 MYR Million from 1970 until 2017, reaching an all time high of 15767.47 MYR Million in May of 2008 and a record low of -2880.61 MYR Million in June of 1997.

Malaysia Balance of Trade
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Malaysia Trade Surplus Widens in July


Malaysia's trade surplus increased sharply to MYR 8.0 billion in July of 2017 from MYR 1.9 billion in the same month of the prior year and beating market estimates of a MYR 6.5 billion surplus.

In July,  sales  increased 30.9 percent from a year earlier to MYR 78.6 billion in July of 2017, accelerating from a 10.0 percent gain in June. Still, it was the ninth straight month of growth in outbound shipments, driven by electrical & electronic products (28.3 percent to MYR 27.9 billion, 35.5 percent of total exports), liquefied natural gas (50.8 percent to MYR 3.8 billion, 4.8 percent of total exports), palm oil and palm based products (12.0 percent to MYR 6.4 billion, 8.1 percent of total exports), natural rubber (19.4 percent to MYR 324.1 million, 0.4 percent of total exports), refined petroleum products (85.4 percent to MYR 6.3 billion, 8.0 percent of total exports), and timber and timber-based products (19.8 percent to MYR 1.9 billion, 24 percent of total exports). In contrast, outbound shipments fell for crude petroleum (-2.1 percent to MYR 2.0 billion, 2.6 percentt of total exports).
 
Exports increased to China (28.8 percent), Singapore (32.3 percent), the USA (14.4 percent), the EU countries (34.1 percent), and ASEAN countries (33.8 percent).
 
Imports rose 21.8 percent to MYR 70.6 billion, following a 3.7 percent rise in the prior month. Still, it marked the eighth straight month of increase in inbound shipments. Purchases of intermediate goods went up 24.2 percent to MYR 39.9 billion, driven by parts & accessories of capital goods, except transport equipment (28.3 percent); industrial supplies, processed (29.9 percent). Imports of consumption goods went up 21.8 percent to MYR 6 billion, driven by semi-durables (15.2 percent), non-durables (20.4 percent), and food and beverages, processed mainly for house consumption (34.7 percent). In contrast, imports of of capital goods fell 16.5 percent to MYR 9.2 billion, due to the decrease capital goods except transport equipment (-20.4 percent) while transport equipment recorded an increase 31.4 percent.
 
In June 2017, the trade surplus came in at MYR 9.9 billion.
 

Department of Statistics Malaysia l Chusnul Ch Manan| chusnul@tradingeconomics.com
9/6/2017 5:20:02 AM


Recent Releases

Malaysia Trade Surplus Largest In 15 Months
Malaysia's trade surplus increased sharply to MYR 9.9 billion in June of 2017 from MYR 5.5 billion in the same month of the prior year and beating market estimates of a MYR 5.5 billion surplus. It was the largest trade surplus since March 2016, as exports rose more than imports.
Published on 2017-08-04

Malaysia Trade Surplus Widens 67% YoY In May
Malaysia's trade surplus increased sharply to MYR 5.5 billion in May of 2017 from MYR 3.3 billion in the same month of the prior year but below market estimates of a MYR 7.5 billion surplus, as exports rose more than imports.
Published on 2017-07-07

Malaysia Trade Surplus Narrows In April
Malaysia's trade surplus fell to MYR 8.8 billion in April of 2017 from MYR 9.1 billion in the same month the prior year, as exports rose less than imports.
Published on 2017-06-05

Malaysia Trade Surplus Narrows Sharply In March
Malaysia's trade surplus fell sharply to MYR 5.41 billion in March of 2017 from MYR 11.19 billion in the same month the prior year. The figure came in below market consensus of a MYR 9.1 billion surplus, as exports rose much less than imports.
Published on 2017-05-05



Calendar GMT Actual Previous Consensus TEForecast
2017-07-07 04:00 AM Balance of Trade MYR5.5B MYR8.8B MYR7.5B MYR5B
2017-08-04 04:00 AM Balance of Trade MYR9.9B MYR5.5B MYR5.5B
2017-09-06 04:00 AM Balance of Trade MYR8.0B MYR9.9B MYR 6.5B
2017-10-06 04:00 AM Balance of Trade MYR8.0B
2017-11-03 04:00 AM Balance of Trade
2017-12-07 04:00 AM Balance of Trade


Malaysia Trade Last Previous Highest Lowest Unit
Balance of Trade 8000.00 9880.00 15767.47 -2880.61 MYR Million [+]
Exports 78600.00 73100.00 82624.80 328.10 MYR Million [+]
Imports 70600.00 63200.00 77224.63 313.60 MYR Million [+]
Current Account 9642.00 5269.00 39982.00 978.00 MYR Million [+]
Current Account to GDP 1.30 3.10 17.10 -13.20 percent [+]
External Debt 877503.27 897049.00 908704.13 9063.00 MYR Million [+]
Terms of Trade 97.10 97.30 117.20 92.50 Index Points [+]
Tourism Revenues 82098.20 69119.60 82098.20 8580.50 MYR Million [+]
Tourist Arrivals 2039016.00 2145734.00 2806565.00 459374.00 [+]
Gold Reserves 38.26 38.57 38.57 35.46 Tonnes [+]
Crude Oil Production 659.00 665.00 791.00 489.00 BBL/D/1K [+]
Terrorism Index 2.69 3.58 3.58 0.00 [+]
Capital Flows 7319.00 -8786.00 51408.25 -71566.30 MYR Million [+]
Foreign Direct Investment 8250.00 16977.00 37325.00 2987.00 MYR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Malaysia Balance of Trade Notes

International trade plays a large role in Malaysian economy. Since 1998, Malaysia have been reporting consistent trade surpluses, mainly due to rise in exports of electrical and electronics products. In 2015, the biggest trade surpluses were recorded with Hong Kong, Singapore, Japan, and United States while the biggest trade deficits with China and Taiwan. . 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 - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
8000.00 9880.00 15767.47 -2880.61 1970 - 2017 MYR Million Monthly



balance of trade by Country

Last
Australia 460.00 Jul/17
Brazil 5599.00 Aug/17
Canada -3040.40 Jul/17
China 419.92 Aug/17
Euro Area 23156.00 Jul/17
France -5968.00 Jul/17
Germany 19500.00 Jul/17
India -11643.96 Aug/17
Indonesia 1722.60 Aug/17
Italy 6560.39 Jul/17
Japan 418.77 Jul/17
Mexico -1522.60 Jul/17
Netherlands 4711.00 Jul/17
Russia 3970.00 Jul/17
South Korea 7013.00 Aug/17
Spain -1259000.00 Jun/17
Switzerland 3511.05 Jul/17
Turkey -8842.94 Jul/17
United Kingdom -2872.00 Jul/17
United States -43689.00 Jul/17