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

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. Year-on-year, sales grew by 24.1 percent to MYR 82.6 billion, following a 26.5 percent growth in February. It was the fifth straight month of growth and above market consensus of a 19.2 percent rise. Imports surged 39.4 percent to MYR 77.2 billion, much faster than a 27.7 percent rise in the prior month. It was the fourth consecutive month of increase and way above expectations of a 28.6 percent gain. In February 2017, trade surplus came in at MYR 8.71 billion. Balance of Trade in Malaysia averaged 3173.77 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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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-03 04:00 AM Jan MYR4.71B MYR8.72B MYR8.2B MYR6.4B
2017-04-05 04:00 AM Feb MYR8.7B MYR4.71B MYR 6.05B MYR3.9B
2017-05-05 04:00 AM Mar MYR5.4B MYR8.7B MYR9.1B MYR10.2B
2017-06-05 04:00 AM Apr MYR5.4B
2017-07-07 04:00 AM May
2017-08-04 04:00 AM Jun




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.

In March, sales went up  24.1 percent from a year earlier to MYR 82.6 billion, following a 26.5 percent growth in February and above market consensus of a 19.2 percent rise. It was the fifth straight month of growth, driven by electrical & electronic products (21.2 percent to MYR 29.3 billion, 35.4 percent of total exports), palm oil and palm based products (25.3 percent to MYR 6.5 billion, 7.8 percent share), crude petroleum (74.1 percent to MYR 3.1 billion, 3.7 percent share), natural rubber (111.6 percent to MYR 560.9 million, 0.7 percent share), and timber and timber-based products (12.4 percent to MYR 2.2 billion, 2.7 percent share). Exports soared to China (40.3 percent), followed by those to the EU countries  (28.1 percent) and the US (16.5 percent).

Imports surged 39.4 percent to MYR 77.2 billion, much faster than a 27.7 percent rise in the prior month and beating expectations of a 28.6 percent gain. It was the fourth consecutive month of increase, as purchases jumped for all categories: intermediate goods (36.3 percent, due to industrial supplies, processed: 34.8 percent; parts & accessories of capital goods, except transport equipment: 28.5 percent and fuel & lubricants, primary: 223.2 percent), capital goods (82.4 percent, due to an increase in capital goods except transport equipment: 64.3 percent and transpport equipment, industrial: 348.8 percent) and consumption goods (14.0 percent, due to semi-durables: 25.7 percent, durable: 28.9 percent and non-durable: 12.7 percent).

In February 2017, trade surplus came in at MYR 8.71 billion. 

Statistics Malaysia l Rida Husna | rida@tradingeconomics.com
5/5/2017 8:28:00 AM



Malaysia Trade Last Previous Highest Lowest Unit
Balance of Trade 5410.00 8708.72 15767.47 -2880.61 MYR Million [+]
Exports 82600.00 71769.70 82600.00 328.10 MYR Million [+]
Imports 77200.00 63061.00 77200.00 313.60 MYR Million [+]
Current Account 5269.00 12471.00 39982.00 978.00 MYR Million [+]
Current Account to GDP 1.30 3.10 17.10 -13.20 percent [+]
External Debt 897049.00 908704.13 908704.13 9063.00 MYR Million [+]
Terms of Trade 97.70 98.00 117.20 92.50 Index Points [+]
Tourism Revenues 69119.60 71998.80 71998.80 8580.50 MYR Million [+]
Tourist Arrivals 2646810.00 2054165.00 2806565.00 459374.00 [+]
Gold Reserves 38.26 36.39 38.26 35.46 Tonnes [+]
Crude Oil Production 675.00 658.00 791.00 489.00 BBL/D/1K [+]
Terrorism Index 2.69 3.58 3.58 0.00 [+]
Capital Flows -8786.00 -14246.00 51408.25 -71566.30 MYR Million [+]
Foreign Direct Investment 16977.00 13008.00 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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
5410.00 8708.72 15767.47 -2880.61 1970 - 2017 MYR Million Monthly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico 616.79 Apr/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17