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

Malaysia's trade surplus increased to MYR 8.6 billion in September of 2017, from MYR 7.6 billion in the same month of the prior year and below market estimates of a MYR 8.8 billion surplus. Year-on-year, sales rose by 14.8 percent from a year earlier to MYR 78.3 billion, following an upwardly revised 21.6 percent rise in August and below market consensus of a 18 percent growth. It was the eleventh straight month of growth in outbound shipments. Imports went up 15.2 percent to MYR 69.7 billion, after a downwardly revised 22.4 percent rise in the prior month. It marked the tenth straight month of increase in inbound shipments while market estimated a 20 percent increase. Balance of Trade in Malaysia averaged 3228.75 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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Malaysia Trade Surplus Widens 13.2% in September


Malaysia's trade surplus increased to MYR 8.6 billion in September of 2017 from MYR 7.6 billion in the same month of the prior year and below market estimates of a MYR 8.8 billion surplus.

In September, sales rose by 14.8 percent from a year earlier to MYR 78.3 illion, following an upwardly revised 21.6 percent rise in August and below market consensus of a 18 percent growth. It was the eleventh straight month of growth in outbound shipments, driven by electrical & electronic products (17.7 percent to MYR 30.9 billion, 39.4 percent of total exports); liquefied natural gas (8.2 percent to MYR 3 billion, 3.9 percent share); refined petroleum products (13.2 percent to MYR 4.7 billion, 6 percent share); natural rubber (3.4 percent to MYR 312.6 million, 0.4 percent share), timber and timber-based products (0.1 percent to MYR 1.8 billion, 2.3 percent share). In contrast, outbound shipments fell for crude petroleum (-4.9 percent to MYR 1.7 billion, 2.2 percent share); palm and palm oil-based products (-1.6 percent to MYR 6 .3 billion, 8 percent share).
 
Exports to China  rose 27.1 percent, followed by those to the EU (16.2 percent), the US (10.7 percent), and Singapore (8.1 percent).
 
Imports went up 15.2 percent to MYR 69.7 billion, after a downwardly revised 22.4 percent rise in the prior month while market expected a 20 percent growth. It marked the tenth straight month of increase in inbound shipments, as purchases increased for all categories. Imports of intermediate goods rose 13.7 percent to MYR 39.5 billion, driven by parts & accessories of capital goods, except transport equipment (22.9 percent); industrial supplies, processed (8.1 percent), and fuel & lubricants, processed, others (42.5 percent). Inbound shipments of capital goods grew by 10.4 percent to MYR 9.3 billion, mainly due to capital goods except transport equipment (14.3 percent). Purchases of consumption goods went up 5.6 percent to MYR 5.7 billion, led by food and beverages, processed mainly for house consumption (16.5 percent), semi-durable (5.1 percent), and non-durable (5.2  percent).
 
In August 2017, the trade surplus stood at MYR 9.9 billion.

Department of Statistics, Malaysia l Chusnul Ch manan | chusnul@tradingeconomics.com
11/3/2017 5:16:28 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-09-06 04:00 AM Balance of Trade MYR8.0B MYR9.9B MYR 6.5B
2017-10-06 04:00 AM Balance of Trade MYR9.90B MYR8.0B MYR9.60B
2017-11-03 04:00 AM Balance of Trade MYR8.6B MYR9.90B MYR8.80B MYR8.8B
2017-12-06 04:00 AM Balance of Trade MYR8.6B


Malaysia Trade Last Previous Highest Lowest Unit
Balance of Trade 8600.00 9900.00 15767.47 -2880.61 MYR Million [+]
Exports 78300.00 82200.00 82624.80 328.10 MYR Million [+]
Imports 69700.00 72400.00 77224.63 313.60 MYR Million [+]
Current Account 12518.00 9642.00 39982.00 978.00 MYR Million [+]
Current Account to GDP 1.30 3.10 17.10 -13.20 percent [+]
External Debt 873846.00 877503.27 908704.13 9063.00 MYR Million [+]
Terms of Trade 97.30 97.20 117.20 92.50 Index Points [+]
Tourism Revenues 82098.20 69119.60 82098.20 8580.50 MYR Million [+]
Tourist Arrivals 2129013.00 2263478.00 2806565.00 459374.00 [+]
Gold Reserves 38.26 38.57 38.57 35.46 Tonnes [+]
Crude Oil Production 659.00 665.00 791.00 489.00 BBL/D/1K [+]
Terrorism Index 3.33 2.69 3.58 0.00 [+]
Capital Flows 7319.00 -8786.00 51408.25 -71566.30 MYR Million [+]
Foreign Direct Investment 11193.00 8250.00 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
8600.00 9900.00 15767.47 -2880.61 1970 - 2017 MYR Million Monthly




balance of trade by Country
Country Last
Australia 1745.00 Sep/17
Brazil 5201.00 Oct/17
Canada -3179.70 Sep/17
China 381.74 Oct/17
Euro Area 26364.90 Sep/17
France -4669.00 Sep/17
Germany 24100.00 Sep/17
India -14018.80 Oct/17
Indonesia 895.00 Oct/17
Italy 3989.78 Sep/17
Japan 285.36 Oct/17
Mexico -1886.40 Sep/17
Netherlands 6258.00 Sep/17
Russia 10222.00 Sep/17
South Korea 7300.00 Oct/17
Spain -2147708.00 Oct/17
Switzerland 2333.39 Oct/17
Turkey -8134.57 Sep/17
United Kingdom -2754.00 Sep/17
United States -43495.00 Sep/17