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

Malaysia's trade surplus jumped 172 percent to MYR 14.7 billion in March of 2018 from MYR 5.4 billion in the same month of the prior year and beating market estimates of a MYR 9.9 billion surplus. It was the largest trade surplus since September 2008, as exports rose while imports slumped. Year-on-year, sales increased by 2.2 percent to MYR 84.5 billion, recovering from a 2 percent fall in February and above market consensus of a 1.7 percent growth. Imports tumbled 9.6 percent to MYR 69.8 billion, after a 2.8 percent drop in the prior month and missing market expectations of 3.3 percent fall. It marked the second straight decline in inbound shipments and the worst since September 2009. Considering January to March 2018, the trade surplus was MYR 33.4 billion with exports rising by 5.8 percent compared to the same period a year earlier and imports decreasing by 0.8 percent. Balance of Trade in Malaysia averaged 3302.52 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 March Trade Surplus Largest in 7-1/2 Years


Malaysia's trade surplus jumped 172 percent to MYR 14.7 billion in March of 2018 from MYR 5.4 billion in the same month of the prior year and beating market estimates of a MYR 9.9 billion surplus, as exports rose while imports slumped.

In March sales increased by 2.2 percent from a year earlier to MYR 84.5 billion, recovering from a 2 percent fall in February and above market consensus of a 1.7 percent growth. Sales grew for: electrical & electronic products (8.7 percent to MYR 31.8 billion, 37.7 percent of total exports) and crude petroleum (18.4 percent to MYR 3.6 billion, 4.3 percent share). In contrast outbound shipments fell for : refined petroleum products (-8.6 percent to MYR 4.3  billion, 5.1 percent share); palm oil and palm oil-based products (-6.6 percent to MYR 6 billion, 7.2 percent share); natural rubber (-37.8 percent to MYR 349.1 million, 0.4 percent share); timber and timber based products (-12.8 percent to MYR 1.9 billion, 2.3 percent share); liquefied natural gas (-3.3 percent to MYR 3.3 billion, 3.9 percent share).
 
Exports to the EU countries went up (5.3 percent). By contrast, exports fell to China (-4.7 percent), followed by those to Singapore (-4.3 percent); the ASEAN countries (-2.7 percent), and the US (-0.1 percent).
 
Imports slumped 9.6 percent year-on-year to MYR 69.8 billion in March of 2018, after a 2.8 percent drop in the prior month, and worse than market consensus of a 3.3 percent drop. It marked the second straight decline in inbound shipments and the worst since September 2009, as purchases went down for intermediate goods (-14.4 percent to MYR 36.9 billion), led by food & beverages, processed, mainly for industries (-44.9 pct); fuel & lubricants, processed, others (-36.4 pct), and parts & accessories of capital goods, except transport equipment (-27.3 pct). Also, purchases declined for consumption goods (-12.4 pct to MYR 5.3 billion), led by durbales (-26.4 pct); semi-durables (-24.1 pct); food and beverages, primary, mainly for household consumption (-13.1 pct), and non-durables (-10.1 pct). In addition, capital goods tumbled by 30.5 percent to MYR 9.4 billion, mainly due to the decrease in both transport equipment, industrial (-18 pct) and capital goods except transport equipment (-32.9 pct).
 
In February the trade surplus stood at MYR 9 billion.
 
Considering January to March 2018, the trade surplus was MYR 33.4 billion, with exports rising by 5.8 percent compared to the same period a year earlier and imports decreasing by 0.8 percent.
 



Department of Statistics, Malaysia | Chusnul Ch Manan | chusnul@tradingeconomics.com
5/4/2018 10:33:40 AM



Calendar GMT Actual Previous Consensus TEForecast
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 MYR14.7B MYR9B MYR9.9B MYR 5.9B
2018-06-05 04:00 AM Balance of Trade MYR14.7B MYR 6.6B
2018-07-05 04:00 AM Balance of Trade MYR 9.1B
2018-08-03 04:00 AM Balance of Trade MYR 8B


Malaysia Trade Last Previous Highest Lowest Unit
Balance of Trade 14688.35 9017.60 15767.47 -2880.61 MYR Million [+]
Exports 84467.00 70342.60 84467.00 328.10 MYR Million [+]
Imports 69800.00 61300.00 77224.63 313.60 MYR Million [+]
Current Account 14977.00 13916.00 39982.00 978.00 MYR Million [+]
Current Account to GDP 1.30 3.10 17.10 -13.20 percent [+]
External Debt 893408.61 883368.20 908704.13 9063.00 MYR Million [+]
Terms of Trade 97.40 97.00 117.20 92.50 Index Points [+]
Tourism Revenues 82200.00 82098.20 82200.00 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 681.00 640.00 791.00 489.00 BBL/D/1K [+]
Terrorism Index 3.33 2.69 3.58 0.00 [+]
Capital Flows 15211.07 5941.91 51408.25 -71566.30 MYR Million [+]
Foreign Direct Investment 11980.00 3405.00 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
14688.35 9017.60 15767.47 -2880.61 1970 - 2018 MYR Million Monthly




balance of trade by Country
Country Last
Australia 1527.00 Mar/18
Brazil 6140.00 Apr/18
Canada -4139.60 Mar/18
China 287.80 Apr/18
Euro Area 26932.60 Mar/18
France -5258.00 Mar/18
Germany 25187.00 Mar/18
India -13720.00 Apr/18
Indonesia -1629.30 Apr/18
Italy 4531.06 Mar/18
Japan 797.35 Mar/18
Mexico 1917.55 Mar/18
Netherlands 5280.00 Mar/18
Russia 15001.00 Mar/18
South Korea 6611.00 Apr/18
Spain -2167000.00 Feb/18
Switzerland 2315.30 Mar/18
Turkey -5855.00 Mar/18
United Kingdom -3091.00 Mar/18
United States -48956.00 Mar/18


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