Imports to Malaysia unexpectedly increased by 1.6 percent year-on-year to MYR 75.0 billion in December 2020, missing market consensus of 2.9 percent fall, and after 9 percent drop in the previous month. It was the first time increase in imports since February, amid the coronavirus pandemic. Arrivals of consumption goods rose by 3.3 percent, while imports of both capital and intermediate goods fell 2.0 percent and 5.0 percent respectively. By country, arrivals from China and the ASEAN countries increased 13.0 percent and 2.7 percent respectively, while those from the US dropped by 2.4 percent. Imports also declined Singapore (-10.3 percent). Considering 2020 full year of 2020, imports fell 6.3 percent year-on-year to MYR 796.2 billion. source: Department of Statistics, Malaysia

Imports in Malaysia averaged 22161.50 MYR Million from 1970 until 2020, reaching an all time high of 80536.08 MYR Million in August of 2018 and a record low of 313.60 MYR Million in August of 1970. This page provides the latest reported value for - Malaysia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malaysia Imports - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Imports in Malaysia is expected to be 65000.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Malaysia to stand at 71830.00 in 12 months time. In the long-term, the Malaysia Imports is projected to trend around 72800.00 MYR Million in 2021 and 76500.00 MYR Million in 2022, according to our econometric models.

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Malaysia Imports

Actual Previous Highest Lowest Dates Unit Frequency
75039.00 67608.00 97100.00 313.60 1970 - 2020 MYR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-10-28 04:00 AM Sep -3.6% -6.5% -3.8%
2020-11-27 04:00 AM Oct -6% -3.6% -4.5%
2020-12-28 04:00 AM Nov -9% -6% -4.8%
2021-01-29 04:00 AM Dec 1.6% -9% -2.9%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Malaysia Imports Rise for 1st Time in 10 Months
Imports to Malaysia unexpectedly increased by 1.6 percent year-on-year to MYR 75.0 billion in December 2020, missing market consensus of 2.9 percent fall, and after 9 percent drop in the previous month. It was the first time increase in imports since February, amid the coronavirus pandemic. Arrivals of consumption goods rose by 3.3 percent, while imports of both capital and intermediate goods fell 2.0 percent and 5.0 percent respectively. By country, arrivals from China and the ASEAN countries increased 13.0 percent and 2.7 percent respectively, while those from the US dropped by 2.4 percent. Imports also declined Singapore (-10.3 percent). Considering 2020 full year of 2020, imports fell 6.3 percent year-on-year to MYR 796.2 billion.
2021-01-29
Malaysia Imports Drop More than Estimated
Imports to Malaysia dropped by 9 percent year-on-year to MYR 67.6 billion in November 2020, worse than an expected 4.8 percent fall, and after 6 percent fall in the previous month. It was the ninth straight month of decline in imports, as public health measures to contain the coronavirus hit demand. Arrivals of capital and intermediate goods plunged 26.5 percent and 10.6 percent respectively. Meanwhile, imports for consumption goods were down 7.2 percent. By country, arrivals from Singapore and the US tumbled 25.8 percent and 11.1 percent respectively, while those from China dropped by 4.5 percent. Imports also decreased from the ASEAN countries (-13.9 percent).
2020-12-28
Malaysia Imports Fall More than Estimated
Imports to Malaysia dropped by 6 percent year-on-year to MYR 68.9 billion in October 2020, worse than an expected 4.5 percent fall, and after 3.6 percent drop in the previous month. It was the eighth straight month of decline in imports, as public health measures to contain the coronavirus hit demand. Arrivals of intermediate and capital goods dropped 6.1 percent and 17.1 percent respectively. Meanwhile, imports for consumption goods were up 6.5 percent. By country, arrivals from Singapore and the US were down 31.7 percent and 5.7 percent respectively, while those from China rose 5.9 percent. Imports also fell from the ASEAN countries (-19.9 percent).
2020-11-27
Malaysia Imports Fall Less than Estimated
Imports to Malaysia dropped by 3.6 percent year-on-year to MYR 67 billion in September 2020, better than an expected 3.8 percent fall, and after 6.5 percent decline in the previous month. It was the seventh straight month of decline in imports, as public health measures to contain the coronavirus hit demand. Arrivals of intermediate and capital goods dropped 17.8 percent and 1.8 percent respectively. Meanwhile, imports for consumption goods jumped 11.2 percent. By country, arrivals from Singapore and the US were down 15.5 percent and 2.6 percent respectively, while those from China rose 6.1 percent. Imports also fell from the ASEAN countries (-7.4 percent).
2020-10-28

Malaysia Imports
Malaysia's main imports are: electrical and electronic products (29.4 percent), chemicals (9.5 percent), petroleum products (9.3 percent) and machinery, appliances and parts (8.7 percent). Main import partners are: China (19 percent), Singapore (12 percent), European Union (10 percent), the United States (8.1 percent), Japan (7.8 percent) and Thailand (6.1 percent). .

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category