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

Malaysia's trade surplus widened 3.4 percent to MYR 9 billion in February of 2018, from MYR 8.7 billion in the same month of the prior year and below market estimates of a MYR 9.3 billion surplus. Year-on-year, sales decreased by 2 percent to MYR 70.3 billion, following a 17.9 percent rise in January and missing market consensus of a 8.3 percent growth. It was the first decline in outbound shipments since October 2016. Imports went down 2.8 percent to MYR 61.3 billion, after a 11.6 percent gain in the prior month and missing market expectations of 7.1 percent gain. It marked the first drop in inbound shipments in 15 months Considering January to February 2018, the trade surplus was MYR 18.7 billion, with exports rising by 7.8 percent compared to the same period a year earlier and imports increasing by 4.6 percent. Balance of Trade in Malaysia averaged 3283.10 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 Slightly in February


Malaysia's trade surplus increased 3.4 percent to MYR 9 billion in February of 2018 from MYR 8.7 billion in the same month of the prior year and below market estimates of a MYR 9.3 billion surplus.

In February sales dropped by 2 percent from a year earlier to MYR 70.3 billion, following a 17.9 percent rise in January and missing market consensus of a 8.3 percent growth. It was the first decline in outbound shipments since October 2016, due to the decrease in palm oil and palm oil-based products (-21.6 percent to MYR 5.5 billion, 7.8 percent share); natural rubber (-40.1 percent to MYR 303 million, 0.4 percent share); timber and timber based products (-18.9 percent to MYR 1.4 billion, 2 percent share); liquefied natural gas (-11.8 percent to MYR 2.9 billion, 4.1 percent share), and electrical & electronic products (-0.1 percent to MYR 35 billion, 35 percent of total exports). In contrast outbound shipments rose for both crude petroleum (3 percent to MYR 2.4 billion, 3.5 percent share) and refined petroleum products ( 29.1 percent to MYR 5.3  billion, 7.5 percent share).
 
Exports to China went down (9.7 percent), followed by those the ASEAN countries (11.4 percent); the EU countries (3 percent), and Singapore (6 percent), but increased to the US (3.3 percent).
 
Imports fell 2.8 percent year-on-year to MYR 63.1 billion in February of 2018, after a 11.6 percent increase in the prior month while market expected of a 7.1 percent gain. It marked the first decline in inbound shipments in 15 months, as purchases delined for intermediate goods (-14.7 percent to MYR 32.8 billion), led by fuel & lubricants, primary (-59.8 percent); parts & accessories of capital goods, except transport equipment (-13 percent); fuel & lubricants, processed, others (-25.6 percent), and food & beverages, processed, mainly for industries (-36.5 percent). In contrast, purchases increased for consumption goods (12.6 percent to MYR 5.2 billion), led by  durbales (18.5 percent); non-durables (16.3 percent), and semi-durables (31.4 percent). Also, capital goods grew by 6 percent to MYR 7.7 billion, mainly due to the increase in both transport equipment, industrial (284.1 percent) and capital goods except transport equipment (11.8 percent).
 
In January the trade surplus stood at MYR 9.7 billion
 
Considering January to February 2018, the trade surplus was MYR 18.7 billion, with exports rising by 7.8 percent compared to the same period a year earlier and imports increasing by 4.6 percent.
 
 
 
 
 
 



Department of Statistics, Malaysia l Chusnul Ch Manan | chusnul@tradingeconomics.com
4/5/2018 5:51:18 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-02-07 07:00 AM Balance of Trade MYR7.3B MYR10B MYR9.7B MYR 9.8B
2018-03-05 04:00 AM Balance of Trade MYR9.7B MYR7.3B MYR7B MYR 6.6B
2018-04-05 04:00 AM Balance of Trade MYR9B MYR9.7B MYR9.3B MYR 5.9B
2018-05-04 04:00 AM Balance of Trade MYR9B MYR 5.9B
2018-06-05 04:00 AM Balance of Trade MYR 6.6B
2018-07-05 04:00 AM Balance of Trade MYR 9.1B


Malaysia Trade Last Previous Highest Lowest Unit
Balance of Trade 9000.00 9700.00 15767.47 -2880.61 MYR Million [+]
Exports 70342.60 82900.00 83500.00 328.10 MYR Million [+]
Imports 61300.00 73200.00 77224.63 313.60 MYR Million [+]
Current Account 12865.00 12518.00 39982.00 978.00 MYR Million [+]
Current Account to GDP 1.30 3.10 17.10 -13.20 percent [+]
External Debt 883368.20 873846.00 908704.13 9063.00 MYR Million [+]
Terms of Trade 97.00 97.20 117.20 92.50 Index Points [+]
Tourism Revenues 82098.20 69119.60 82098.20 8580.50 MYR Million [+]
Tourist Arrivals 2435564.00 2007965.00 2806565.00 459374.00 [+]
Gold Reserves 37.60 37.63 38.57 35.46 Tonnes [+]
Crude Oil Production 640.00 660.00 791.00 489.00 BBL/D/1K [+]
Terrorism Index 3.33 2.69 3.58 0.00 [+]
Capital Flows 4985.50 -1150.60 51408.25 -71566.30 MYR Million [+]
Foreign Direct Investment 2763.00 11193.00 37325.00 2763.00 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
9000.00 9700.00 15767.47 -2880.61 1970 - 2018 MYR Million Monthly




balance of trade by Country
Country Last
Australia 825.00 Feb/18
Brazil 6280.75 Mar/18
Canada -2686.00 Feb/18
China -49.83 Mar/18
Euro Area 18897.50 Feb/18
France -5186.00 Feb/18
Germany 18400.00 Feb/18
India -13690.00 Mar/18
Indonesia 1091.70 Mar/18
Italy 3104.28 Feb/18
Japan 797.35 Mar/18
Mexico 1062.00 Feb/18
Netherlands 4514.00 Feb/18
Russia 12192.00 Feb/18
South Korea 6865.00 Mar/18
Spain -2167000.00 Feb/18
Switzerland 3215.34 Feb/18
Turkey -5760.71 Feb/18
United Kingdom -965.00 Feb/18
United States -57591.00 Feb/18


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