Malaysia's trade surplus widened to a new record high of MYR 26.2 billion in October 2021 from MYR 22.1 billion in the same month a year ago, and beating market expectations of MYR 24.5 billion, amid a further recovery global demand and surging commodity prices. Exports surged 25.5 to a fresh record high of USD 114.4 billion, led by higher sales of mining (66.7%), agriculture sectors (28.9%), and manufactured goods (23.3%). Imports soared 27.9 percent to a new record high of USD 88.2 billion as purchases grew for all sectors: intermediate goods (35.5 percent), capital goods (15.1%) and consumption goods (10.8 percent) Considering the first ten months of the year, the trade surplus widened sharply to USD 202.5 billion from USD 145.3 billion a year earlier. source: Department of Statistics, Malaysia

Balance of Trade in Malaysia averaged 4067.43 MYR Million from 1970 until 2021, reaching an all time high of 26200 MYR Million in October of 2021 and a record low of -3633.59 MYR Million in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Balance of Trade in Malaysia is expected to be 24200.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Balance of Trade is projected to trend around 19820.00 MYR Million in 2022, according to our econometric models.

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Malaysia Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-10-28 04:00 AM Sep MYR26.1B MYR21.4B MYR22.5B MYR 30.1B
2021-11-29 04:00 AM Oct MYR26.2B MYR26.1B MYR24.5B MYR26.9B
2021-12-28 04:00 AM Nov MYR26.2B


Related Last Previous Unit Reference
Balance of Trade 26249.00 26129.00 MYR Million Oct/21
Current Account 11605.00 14411.00 MYR Million Sep/21
Current Account to GDP 1.00 3.30 percent of GDP Dec/20
Exports 114429.40 110834.00 MYR Million Oct/21
Imports 88180.16 84704.00 MYR Million Oct/21
Terms of Trade 106.70 105.90 points Oct/21
Foreign Direct Investment 12836.00 8243.00 MYR Million Sep/21
Capital Flows 22686.00 -7088.00 MYR Million Sep/21

News Stream
Malaysia Trade Surplus Hits New High
Malaysia's trade surplus widened to a new record high of MYR 26.2 billion in October 2021 from MYR 22.1 billion in the same month a year ago, and beating market expectations of MYR 24.5 billion, amid a further recovery global demand and surging commodity prices. Exports surged 25.5 to a fresh record high of USD 114.4 billion, led by higher sales of mining (66.7%), agriculture sectors (28.9%), and manufactured goods (23.3%). Imports soared 27.9 percent to a new record high of USD 88.2 billion as purchases grew for all sectors: intermediate goods (35.5 percent), capital goods (15.1%) and consumption goods (10.8 percent) Considering the first ten months of the year, the trade surplus widened sharply to USD 202.5 billion from USD 145.3 billion a year earlier.
2021-11-29
Malaysia Posts Largest Trade Surplus on Record
Malaysia's trade surplus widened to an-all time high of MYR 26.1 billion in September 2021 from MYR 21.9 billion in the same month a year ago, and beating market expectations of MYR 22.5 billion, amid a further recovery global demand. Exports surged 24.7 to a new high of USD 110.8 billion, led by higher sales of mining (48.1%), agriculture sectors (47.6%), and manufactured goods (21.6%). Imports rose 26.5 percent to a five-month high of USD 84.7 billion as purchases grew for all sectors: intermediate goods (29.7 percent), capital goods (20.3%) and consumption goods (3.7 percent) Considering the first nine months of the year, the trade surplus widened to USD 176.3 billion from USD 123.2 billion a year earlier.
2021-10-28
Malaysia Trade Surplus Widens Sharply in August
Malaysia's trade surplus jumped to MYR 21.4 billion in August 2021 from MYR 13.2 billion in the same month a year ago, and beating market expectations of MYR 11.80 billion, amid a further recovery global demand. Exports surged 18.4 to USD 95.6 billion, led by higher sales of mining (50.6%), agriculture sectors (28.5%), and manufactured goods (15.4%). Imports rose at a softer 12.5 percent to USD 74.2 billion as purchases grew for both intermediate goods (57.1 percent), and capital goods (11.2%). Considering the first eight months of the year, the trade surplus widened to USD 150.2 billion from USD 101.3 billion a year earlier.
2021-09-28

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. .