Exports from Malaysia unexpectedly surged 2.7% from a year earlier to MYR 86.4 billion in December 2019, compared to market consensus of a 1% fall and a 5.5% drop in November. Sales increased for the first time since July, driven by refined petroleum products (35.2%), timber & timber-based products (9.8%), palm oil & palm oil-based products (20.9%), and natural rubber (8.1%), while declined for crude petroleum (-24.3%), electrical & electronic products (-5.4%), and liquefied natural gas (-21.3%). Among major trading partners, exports to China jumped 17.8%, led by measuring, checking, analysing and controlling instruments and apparatus; while those to Singapore fell 2.7%, mainly dragged by electrical and electronic products (-17.9%). Also, sales to the US advanced 15.1% For full year 2019, exports were down 1.7% over the prior year to MYR 986 billion, due to lower shipments to Hong Kong, Japan, Australia, Singapore and the EU.

Exports in Malaysia averaged 25292.20 MYR Million from 1970 until 2019, reaching an all time high of 97122 MYR Million in October of 2018 and a record low of 328.10 MYR Million in February of 1970. This page provides the latest reported value for - Malaysia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Department of Statistics, Malaysia

Exports in Malaysia is expected to be 88000.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Malaysia to stand at 87000.00 in 12 months time. In the long-term, the Malaysia Exports is projected to trend around 89000.00 MYR Million in 2021, according to our econometric models.


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Malaysia Exports

Actual Previous Highest Lowest Dates Unit Frequency
86400.00 80872.30 97122.00 328.10 1970 - 2019 MYR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-04 04:00 AM Sep -6.8% -0.8% -0.1%
2019-12-04 04:00 AM Oct -6.7% -6.8% -12.6%
2020-01-03 04:00 AM Nov -5.5% -6.7% -4.4%
2020-02-04 05:00 AM Dec 2.7% -5.5% -1%


News Stream
Malaysia Exports Rise For 1st Time in 5 Months
Exports from Malaysia unexpectedly surged 2.7% from a year earlier to MYR 86.4 billion in December 2019, compared to market consensus of a 1% fall and a 5.5% drop in November. Sales increased for the first time since July, driven by refined petroleum products (35.2%), timber & timber-based products (9.8%), palm oil & palm oil-based products (20.9%), and natural rubber (8.1%), while declined for crude petroleum (-24.3%), electrical & electronic products (-5.4%), and liquefied natural gas (-21.3%). Among major trading partners, exports to China jumped 17.8%, led by measuring, checking, analysing and controlling instruments and apparatus; while those to Singapore fell 2.7%, mainly dragged by electrical and electronic products (-17.9%). Also, sales to the US advanced 15.1% For full year 2019, exports were down 1.7% over the prior year to MYR 986 billion, due to lower shipments to Hong Kong, Japan, Australia, Singapore and the EU.
2020-02-04
Malaysia Exports Fall More than Expected
Exports from Malaysia dropped 5.5 percent from a year earlier to MYR 80.8 billion in November 2019, compared to market consensus of a 4.4 percent fall and a 6.7 percent drop in October. Sales decreased for crude petroleum (-23.4 percent), refined petroleum products (-19.0 percent), electrical & electronic products (-11.6 percent), liquefied natural gas (-35.9 percent), palm oil & palm oil-based products (-2.6 percent), and natural rubber (-10.6 percent), while increased for timber & timber-based products (2.7 percent). Among major trading partners, exports to Singapore tumbled 12.5 percent, led by electrical & electronic products; while those to China rose 4.1 percent, mainly driven by iron and steel bars, rods, angles, shapes, and sections. Also, sales to the US went up 6.5 percent.
2020-01-03
Malaysia Exports Drop Less than Expected
Exports from Malaysia dropped 6.7 percent from a year earlier to MYR 90.6 billion in October 2019, compared to market consensus of a 12.6 percent fall and a 6.8 percent decline in September. Sales decreased for crude petroleum (-50.5 percent), refined petroleum products (-27.2 percent), electrical & electronic products (-3.2 percent), liquefied natural gas (-17.1 percent), palm oil & palm oil-based products (-9.3 percent), timber & timber-based products (-3.9 percent), and natural rubber (-4.7 percent). Among major trading partners, exports to China dropped 11.0 percent, led by electrical & electronic products and refined petroleum product; while those to Singapore increased 4.1 percent, driven by crude petroleum and palm oil & palm oil-based products. Also, sales to the US rose 2.7 percent.
2019-12-04
Malaysia Exports Fall the Most in Near 3 Years
Exports from Malaysia dropped by 6.8 percent year-on-year to MYR 77.7 billion in September 2019, worse than market consensus of a 0.1 percent fall, and the steepest drop since October 2016, after a 0.8 percent fall in the previous month. Sales decreased for electrical & electronic products (-12.2 percent); crude petroleum (-45.8 percent); liquefied natural gas/LNG (-1.8 percent); palm oil & palm oil-based products (-6.6 percent); refined petroleum products (-14.7 percent); and natural rubber (-4.8 percent. By contrast, outbound shipments increased for: timber and timber-based products (5.8 percent). Among major trading partners, sales dropped to China (-3.0 percent), led by electrical & electronic products and refined petroleum product; Singapore (-11.7 percent), driven by electrical and electronic products; while those to the US increased by 6.5 percent.
2019-11-04

Malaysia Exports
Exports supported by influx of foreign direct investments have been one of the most important factors driving Malaysia’s GDP growth in recent years. Malaysia's main exports are: electrical and electronics products (36 percent), chemicals (7.1 percent), petroleum products (7.0 percent), liquefied natural gas (6 percent), and palm oil (5.1 percent). Malaysia's main export partners are: Singapore (14 percent), China (13 percent), European Union (10 percent), Japan (9.5 percent), the United States (9.4 percent) and Thailand (6 percent).


United Nations Comtrade Database
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