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

Malaysia's trade surplus jumped 47.1 percent to MYR 8.1 billion in May of 2018 from MYR 5.5 billion in the same month of the prior year but below market estimates of a MYR 11 billion surplus, as exports rose more than imports. Year-on-year, sales increased by 3.4 percent to MYR 82.1 billion, after a 14 percent jump in April and below market consensus of a 6.4 percent growth. Imports edged up 0.1 percent to MYR 74 billion, following a 9.1 percent surge in the prior month and missing market expectations of 2.6 percent fall. . Considering January to May, the trade surplus increased sharply to MYR 54.6 billion from MYR 33.05 billion in the same period of 2017. Balance of Trade in Malaysia averaged 3327.54 MYR Million from 1970 until 2018, 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 Sharply in May


Malaysia's trade surplus jumped 47.1 percent to MYR 8.1 billion in May of 2018 from MYR 5.5 billion in the same month of the prior year but below market estimates of a MYR 11 billion surplus, as exports rose more than imports.

In May sales increased by 3.4 percent from a year earlier to MYR 82.1 billion from a 14 percent jump in April and below market consensus of a 6.4 percent growth. Sales grew for: electrical & electronic products (2.1 percent to MYR 29.2 billion, 35.5 percent of total exports); crude petroleum (45.8 percent to MYR 3.1 billion, 3.8 percent share); refined petroleum products (10 percent to MYR 7.1 billion, 6.2 percent share); and liquefied natural gas (61 percent to MYR 3.1 billion, 3.8 percent share).
 
In contrast outbound shipments fell for : natural rubber (-19.1 percent to MYR 334.9 million, 0.4 percent share); timber and timber based products (-14.3 percent to MYR 1.7 billion, 2.1 percent share), and palm oil-based products (-15.4 percent to MYR 5.8 billion, 7 percent share). Exports rose to the EU countries (11.4 percent), followed by those to China (7.4 percent). By contrast exports fell to Singapore (-9.8 percent); the US (-5.6 percent), and the ASEAN countries (-1.9 percent).
 
Imports edged up 0.1 percent year-on-year to MYR 74 billion in May of 2018 from a 9.1 percent surge in the prior month, as capital goods declined by 0.7 percent to MYR 9.8 billion, mainly due to a fall in capital goods except transport equipment fell (-15.3 pct) while purchases of transport equipment, industrial jumped (105.6 pct). On the other hand, sales of intermediate goods dropped 5.3 percent to MYR 40.1 billion, dragged by parts and accessories of capital goods except transport equipment (-11.3 pct); fuel & lubricants, processed, others (-41.2 pct) . Also, purchases declined for consumption goods (-10.2 pct to MYR 6 billion), led by semi-durables (-21 pct), non-durables (-6.4 pct), and food and beverages, primary mainly for household consumption (-12.3 pct).
 
In April the trade surplus stood at MYR 13.1 billion.
 
Considering January to May, the trade surplus increased sharply to MYR 54.6 billion from MYR 33.05 billion in the same period of 2017.



Department of Statistics, Malaysia l Chusnul Ch Manan| chusnul@tradingeconomics.com
7/5/2018 6:34:32 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-05-04 04:00 AM Balance of Trade MYR14.7B MYR9B MYR9.9B MYR 5.9B
2018-06-05 04:00 AM Balance of Trade MYR13.07B MYR14.7B MYR12.2B MYR 6.6B
2018-07-05 04:00 AM Balance of Trade MYR8.1B MYR13.1B MYR11B MYR 9.1B
2018-08-03 04:00 AM Balance of Trade MYR8.1B MYR 8B
2018-09-05 04:00 AM Balance of Trade MYR 8.9B
2018-10-05 04:00 AM Balance of Trade MYR 8.9B


Malaysia Trade Last Previous Highest Lowest Unit
Balance of Trade 8116.21 13021.50 15767.47 -2880.61 MYR Million [+]
Exports 82100.00 84242.30 84467.00 328.10 MYR Million [+]
Imports 74000.00 71200.00 77224.63 313.60 MYR Million [+]
Current Account 14977.00 13916.00 39982.00 978.00 MYR Million [+]
Current Account to GDP 1.30 3.10 17.10 -13.20 percent [+]
External Debt 893408.61 883368.20 908704.13 9063.00 MYR Million [+]
Terms of Trade 97.00 97.30 117.20 92.50 Index Points [+]
Tourism Revenues 82200.00 82098.20 82200.00 8580.50 MYR Million [+]
Tourist Arrivals 1957248.00 2192855.00 2806565.00 459374.00 [+]
Gold Reserves 37.60 37.60 38.57 35.46 Tonnes [+]
Crude Oil Production 662.00 665.00 791.00 489.00 BBL/D/1K [+]
Terrorism Index 3.33 2.69 3.58 0.00 [+]
Capital Flows 15211.07 5941.91 51408.25 -71566.30 MYR Million [+]
Foreign Direct Investment 11980.00 3405.00 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8116.21 13021.50 15767.47 -2880.61 1970 - 2018 MYR Million Monthly




balance of trade by Country
Country Last
Australia 827.00 May/18
Brazil 5881.58 Jun/18
Canada -2771.20 May/18
China 416.13 Jun/18
Euro Area 16514.10 May/18
France -6005.00 May/18
Germany 19669.00 May/18
India -16600.00 Jun/18
Indonesia 1742.60 Jun/18
Italy 3377.54 May/18
Japan -578.32 May/18
Mexico -1587.00 May/18
Netherlands 5030.00 May/18
Russia 15151.00 May/18
South Korea 6331.21 Jun/18
Spain -3050045.00 Apr/18
Switzerland 2255.00 May/18
Turkey -7759.34 May/18
United Kingdom -2790.00 May/18
United States -43053.00 May/18


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