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

Malaysia's trade surplus increased 1.7 percent year-on-year to MYR 8.3 billion in July of 2018 from MYR 8.2 billion in the same month of the prior year and far above market estimates of a MYR 6.3 billion surplus. It is the largest trade surplus since April.Exports increased by 9.4 percent to MYR 86.1 billion, after a 7.6 percent rise in June and beating market consensus of a 6.6 percent growth. Imports went up 10.3 percent to MYR 77.8 billion, following a 14.9 percent surge in the prior month and far above market expectations of 5.8 percent rise. Considering the first seven months of the year, the trade surplus increased to MYR 68.8 billion from MYR 53.1 billion in the same period of 2017. Balance of Trade in Malaysia averaged 3342.80 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 August Trade Surplus Largest in 3 Months


Malaysia's trade surplus increased 1.7 percent to MYR 8.3 billion in July of 2018 from MYR 8 billion in the same month of the prior year and far above market estimates of a MYR 6.3 billion surplus. It is the largest trade surplus since April. Exports rose 9.4 year-on-year to MYR 86.1 billion while imports went up 10.3 percent to MYR 77.8 billion.

In July sales increased by 9.4 percent from a year earlier to MYR 86.1 billion from a 7.6 percent gain in June and beating market consensus of a 6.6 percent growth. Sales grew for: Sales grew for: electrical & electronic products (23.6 pct to MYR 34.5 billion, 40.1 percent of total exports); crude petroleum (90.1 pct to MYR 3.8 billion, 4.4 percent of total exports); natural rubber (3.3 pct to MYR 334.8 million, 0.4 percent of total exports); and timber and timber-based products (0.4 pct to 1.9 billion, 2.2 percent of total exports).In contrast outbound shipments fell for: refined petroleum products (-12.3 pct to MYR 5.5 billion, 6.4 percent of total exports); palm oil and palm oil-based products (-13.6 pct to MYR 5.5 billion, 6.4 percent of total exports); liquefied natural gas/LNG (-38.4 pct to MYR 2.4 billion, 2.8 percent of total exports).

Sales went up to China (37.5 pct); the US (6.7 pct, and the EU (2.2 pct) while shrank to Singapore (-2 pct).
 
Imports went up 10.3 percent year-on-year to MYR 77.8 billion in July of 2018 from a 14.9 percent jump in the prior month, as capital goods increased by 4.7 percent to MYR 9.6 billion, mainly due to a rise in transport equipment, industrial (32.5 pct) and capital goods except transport equipment went up (1 pct). In addition, purchases rose for consumption goods (11.1 pct to MYR 6.7 billion), led by durables (27 pct), non-durables (10.3 pct), and semi durables (21.4 percent). Meantime, sales of intermediate goods edged down 0.1 percent to MYR 39.9 billion, dragged by parts & accessories of capital goods except transport equipment (-32.4 pct) while sales rose for fuel & lubricant, primary (51.5 pct); fuel & lubricants, processed, others (144.4 pct), and industrial supplies, processes (11.4 pct).
 
In June the trade surplus stood at MYR 6 billion.
 
Considering the first seven months of the year, the trade surplus increased to MYR 68.8 billion from MYR 53.1 billion in the same period of 2017.



Department of Statistics, Malaysia l Chusnul Ch Manan| chusnul@tradingeconomics.com
9/5/2018 11:44:06 AM



Calendar GMT Actual Previous Consensus TEForecast
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 MYR6B MYR8.1B MYR10.1B MYR 8B
2018-09-05 04:00 AM Balance of Trade MYR8.3B MYR6B MYR6.3B MYR 8.9B
2018-10-05 04:00 AM Balance of Trade MYR8.3B MYR 8.9B
2018-11-05 04:00 AM Balance of Trade MYR 7.2B
2018-12-05 04:00 AM Balance of Trade MYR 8.9B


Malaysia Trade Last Previous Highest Lowest Unit
Balance of Trade 8297.09 6000.85 15767.47 -2880.61 MYR Million [+]
Exports 86124.50 78610.80 86124.50 328.10 MYR Million [+]
Imports 77827.38 72609.94 77827.38 313.60 MYR Million [+]
Current Account 3909.00 14977.00 39982.00 978.00 MYR Million [+]
Current Account to GDP 1.30 3.10 17.10 -13.20 percent [+]
External Debt 936489.00 893408.61 936489.00 9063.00 MYR Million [+]
Terms of Trade 97.00 96.70 117.20 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 641.00 637.00 791.00 489.00 BBL/D/1K [+]
Terrorism Index 3.33 2.69 3.58 0.00 [+]
Capital Flows 9114.33 15211.07 51408.25 -71566.30 MYR Million [+]
Foreign Direct Investment 2843.00 11980.00 37325.00 2843.00 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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
8297.09 6000.85 15767.47 -2880.61 1970 - 2018 MYR Million Monthly




balance of trade by Country
Country Last
Argentina -789.00 Jul/18
Australia 1551.00 Jul/18
Brazil 3774.99 Aug/18
Canada -114.30 Jul/18
China 279.10 Aug/18
Euro Area 17555.60 Jul/18
France -3490.00 Jul/18
Germany 16461.00 Jul/18
India -17390.00 Aug/18
Indonesia -1021.40 Aug/18
Italy 5676.00 Jul/18
Japan -445.00 Aug/18
Mexico -2889.20 Jul/18
Netherlands 4612.00 Jul/18
Russia 13402.00 Jul/18
Saudi Arabia 120299.00 Mar/18
Singapore 6755.10 Aug/18
South Africa -4657.00 Jul/18
South Korea 6900.00 Aug/18
Spain -2448240.00 Jun/18
Switzerland 1154.26 Jul/18
Turkey -5980.00 Jul/18
United Kingdom -111.00 Jul/18
United States -50082.00 Jul/18


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