Malaysia Export Growth Hits 6-Month High

Exports from Malaysia increased 10.4% year-on-year to a record high of MYR 153 billion in December 2025, accelerating from 7.0% growth in November and surpassing market forecasts of a 2.4% rise. The acceleration was mainly driven by manufactured goods, which rose 13.6%, led by strong shipments of electrical and electronic products, which surged 25.3%. By contrast, agricultural exports fell 7.4%, weighed down by weak demand for palm oil and palm-based products, which declined 8.4%. Mining shipments also plunged 15.2%, due to lower exports of crude petroleum (-24.9%) and liquefied natural gas (-38.8%). Among trading partners, outbound shipments rose to the United States (48.8%), Hong Kong (12.0%), Taiwan (34.4%), and the European Union (34.8%). For the whole of 2025, total exports shrank 3.7% to MYR 1.45 trillion compared with a year earlier.

Exports from Malaysia grew 7% yoy to MYR 135 billion in November 2025, easing sharply from a 15.7% surge in October and falling below market forecasts of 11.2%. This marked the softest export growth in three months, due to a decline in agricultural exports. By sector, exports of manufactured goods rose 7.9%, led by strong shipments of electrical and electronic products, which jumped 15%. Mining shipments advanced 9.9%, boosted by higher exports of crude petroleum (6.0%), although liquefied natural gas (LNG) exports fell 12.5%. Meanwhile, agricultural exports dropped 6.0%, weighed down by weak demand for palm oil and palm-based products, which declined 9.3%. Among trading partners, exports increased to Singapore (4.1%), China (9.3%), Hong Kong (17.8%), and the EU (13.2%), while declining to the US (-0.9%) due to newly imposed tariffs, and to Japan (-4.9%). For the first eleven months of 2025, total exports climbed 6.1% to MYR 1.5 trillion compared with the same period a year earlier.

Exports from Malaysia surged 15.7% year-on-year to a record high of MYR 148.3 billion in October 2025, following an upwardly revised 12.5% increase in the previous month. This marked the fastest export growth in six months, despite a decline in shipments to the US due to newly imposed tariffs. By sector, exports of manufactured goods rose 15.7%, led by strong shipments of electrical and electronic products, which jumped 26.5%. Agricultural exports surged 20.3%, supported by robust demand for palm oil and palm-based products, up 23.8%. Meanwhile, mining shipments increased 8.0%, boosted by higher exports of crude petroleum (38.1%), although liquefied natural gas (LNG) exports fell 17.6%. Among trading partners, exports grew to Singapore (27.2%), China (7.5%), Hong Kong (36.7%), Japan (6.6%), and the EU (23.8%), while declining to the US (-2.6%). For the first ten months of 2025, total exports advanced 6.0% to MYR 1.3 trillion compared with the same period a year earlier.