Malaysia Balance of Trade  1970-2018 | Data | Chart | Calendar | Forecast

Malaysia's trade surplus increased to MYR 9.9 billion in November of 2017, from MYR 9.1 billion in the same month of the prior year but below market estimates of a MYR 10.9 billion surplus. Year-on-year, sales increased by 14.4 percent to MYR 83.5 billion, following a 18.9 percent rise in October and above market consensus of a 13.9 percent growth. It was the thirteenth straight month of growth in outbound shipments. Imports went up 15.2 percent to MYR 73.6 billion, after a 20.9 percent rise in the prior month. It marked the twelfth straight month of increase in inbound shipments while market estimated a 13.9 percent increase. Balance of Trade in Malaysia averaged 3255.18 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 Below Consensus in November


Malaysia's trade surplus increased to MYR 9.9 billion in November of 2017 from MYR 9.1 billion in the same month of the prior year but below market estimates of a MYR 10.9 billion surplus.

In November, sales increased by 14.4 percent from a year earlier to MYR 83.5 billion, following a 18.9 percent rise in October and above market consensus of a 13.9 percent growth. It was the thirteenth straight month of growth in outbound shipments, driven by electrical & electronic products (21 percent to MYR 31.7 billion, 38 percent of total exports); liquefied natural gas (7.5 percent to MYR 3.5 billion, 4.2 percent share); refined petroleum products (0.2 percent to MYR 4.4 billion, 5.3 percent share);  timber and timber-based products (11.5 percent to MYR 2.1 billion, 2.5 percent share), and palm oil and palm oil-based products (2.7 percent to MYR 6.8 billion, 8.2 percent share).
 
Exports to the ASEAN countirs rose 18.3 percent, followed by those to Singapore (16.8 percent), the US (12.4 percent), the EU countries (12.4 percent), and China (3.3 percent). 
 
Imports rose 15.2 percent to MYR 73.6 billion, after a 20.9 percent rise in the prior month while markets expected a 13.9 percent growth. It marked the twelfth straight month of increase in inbound shipments, as purchases increased for all categories. Imports of intermediate goods rose 13.8 percent to MYR 40.4 billion, driven by parts & accessories of capital goods, except transport equipment (14.4 percent); industrial supplies, processed (15.4 percent). Inbound shipments of capital goods grew by 12.2 percent to MYR 10.3 billion, mainly due to capital goods except transport equipment (22.3 percent). Purchases of consumption goods went up 6.6 percent to MYR 6.6 billion, led by food and beverages, processed mainly for house consumption (15.7 percent) and durables (11.3  percent).
 
In October 2017, the trade surplus stood at MYR 10.6 billion.


Department of Statistics, Malaysia | Chusnul Ch Manan | chusnul@tradingeconomics.com
1/5/2018 11:39:28 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-11-03 04:00 AM Balance of Trade MYR8.6B MYR9.90B MYR8.80B MYR8.8B
2017-12-06 04:00 AM Balance of Trade MYR10.60B MYR8.6B MYR8.6B
2018-01-05 04:00 AM Balance of Trade MYR10B MYR10.6B MYR10.9B MYR 9.3B
2018-02-07 07:00 AM Balance of Trade MYR10B MYR 9.6B
2018-03-05 04:00 AM Balance of Trade MYR 9.3B
2018-04-05 04:00 AM Balance of Trade MYR 9.3B


Malaysia Trade Last Previous Highest Lowest Unit
Balance of Trade 9900.00 10600.00 15767.47 -2880.61 MYR Million [+]
Exports 83500.00 82412.10 83500.00 328.10 MYR Million [+]
Imports 73600.00 71851.60 77224.63 313.60 MYR Million [+]
Current Account 12518.00 9642.00 39982.00 978.00 MYR Million [+]
Current Account to GDP 1.30 3.10 17.10 -13.20 percent [+]
External Debt 873846.00 877503.27 908704.13 9063.00 MYR Million [+]
Terms of Trade 97.30 97.10 117.20 92.50 Index Points [+]
Tourism Revenues 82098.20 69119.60 82098.20 8580.50 MYR Million [+]
Tourist Arrivals 2068995.00 2092378.00 2806565.00 459374.00 [+]
Gold Reserves 37.63 37.63 38.57 35.46 Tonnes [+]
Crude Oil Production 659.00 665.00 791.00 489.00 BBL/D/1K [+]
Terrorism Index 3.33 2.69 3.58 0.00 [+]
Capital Flows 7319.00 -8786.00 51408.25 -71566.30 MYR Million [+]
Foreign Direct Investment 11193.00 8250.00 37325.00 2987.00 MYR Million [+]

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



Malaysia Balance of Trade

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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
9900.00 10600.00 15767.47 -2880.61 1970 - 2017 MYR Million Monthly




balance of trade by Country
Country Last
Australia -628.00 Nov/17
Brazil 4997.77 Dec/17
Canada -2540.40 Nov/17
China 546.85 Dec/17
Euro Area 26272.60 Nov/17
France -5692.00 Nov/17
Germany 23700.00 Nov/17
India -14880.19 Dec/17
Indonesia -270.00 Dec/17
Italy 4829.68 Nov/17
Japan 113.36 Nov/17
Mexico 399.21 Nov/17
Netherlands 6041.00 Nov/17
Russia 11515.00 Nov/17
South Korea 5783.00 Dec/17
Spain -1621000.00 Nov/17
Switzerland 2633.00 Nov/17
Turkey -6320.40 Nov/17
United Kingdom -2804.00 Nov/17
United States -50497.00 Nov/17


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