Imports to Malaysia jumped 27.9 percent year-on-year to a new peak of MYR 88.18 billion in October 2021, compared with market expectations of 26.8 percent and after a 26.5 percent growth in the prior month, as domestic consumption accelerated following a surge in the COVID-19 vaccination rate. Arrivals of intermediate goods climbed 35.1 percent, boosted by parts and accessories of capital goods (except transport equipment); industrial supplies, n.e.s. primary; and fuel & lubricants, processed. Also, purchases of capital goods grew 15.1 percent, lifted by capital goods (except transport equipment); and those of consumption goods rose 10.8 percent, mainly attributed to semi-durables, and food & beverages, process, mainly for household consumption. By country, imports expanded from China (29.9%), Singapore (58.1%), the EU (32.7%), the US (23.7%), and Taiwan (40.7%). During the first 10 months of the year, arrivals rose 21.8 percent from the same period of 2020 to MYR 801.17 billion. source: Department of Statistics, Malaysia

Imports YoY in Malaysia averaged 12.68 percent from 1971 until 2021, reaching an all time high of 108.20 percent in April of 1974 and a record low of -30.40 percent in January of 2009. This page includes a chart with historical data for Malaysia Imports YoY. Malaysia Imports YoY - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

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Malaysia Imports YoY


Calendar GMT Actual Previous Consensus TEForecast
2021-10-28 04:00 AM Sep 26.5% 12.5% 15.4%
2021-11-29 04:00 AM Oct 27.9% 26.5% 26.8%
2021-12-28 04:00 AM Nov 27.9%


News Stream
Malaysia Imports Touch Fresh Top
Imports to Malaysia jumped 27.9 percent year-on-year to a new peak of MYR 88.18 billion in October 2021, compared with market expectations of 26.8 percent and after a 26.5 percent growth in the prior month, as domestic consumption accelerated following a surge in the COVID-19 vaccination rate. Arrivals of intermediate goods climbed 35.1 percent, boosted by parts and accessories of capital goods (except transport equipment); industrial supplies, n.e.s. primary; and fuel & lubricants, processed. Also, purchases of capital goods grew 15.1 percent, lifted by capital goods (except transport equipment); and those of consumption goods rose 10.8 percent, mainly attributed to semi-durables, and food & beverages, process, mainly for household consumption. By country, imports expanded from China (29.9%), Singapore (58.1%), the EU (32.7%), the US (23.7%), and Taiwan (40.7%). During the first 10 months of the year, arrivals rose 21.8 percent from the same period of 2020 to MYR 801.17 billion.
2021-11-29
Malaysia Import Growth Hits 5-Month High
Imports to Malaysia climbed 26.5 percent year-on-year to a five-month high of MYR 84.70 billion in September 2021, exceeding market estimates of 15.4 percent and after a 12.5 percent rise a month earlier, with domestic demand strengthening further as local COVID-19 situations were under control. Purchases of intermediate goods accelerated (20.7 percent vs 13.4 percent in August), boosted by parts and accessories of capital goods, and industrial supplies and fuel & lubricants. Also, arrivals of capital goods continued to expand solidly (20.3 percent vs 22.9 percent), mainly led by capital goods except for transport equipment. In addition, arrivals of consumption goods gained 3.7 percent, rebounding from a 0.6 percent drop in August, lifted by food & beverages, primary, largely for household consumption. Among major trading partners, imports increased from China (30.3 percent), Singapore (32.9 percent), the EU (39.4 percent), the US (19 percent), and Indonesia (50.5 percent).
2021-10-28
Malaysia Imports Rise Less than Estimated
Imports to Malaysia grew 12.5 percent year-on-year to MYR 74.2 billion in August 2021, far below market consensus of 24.5 percent gain, and slowing from a downwardly revised 23.9 percent jump in the previous month, amid restrictions to combat the spread of the coronavirus. Arrivals rose for both intermediate goods (13.4 percent) and capital goods (22.9 percent), but declined for consumption goods (-0.6 percent). By country, arrivals from China and Singapore grew 23.4 percent and 7.3 percent, respectively. Imports also advanced from the ASEAN countries (22.3 percent). By contrast, imports fell from the US (-4.2 percent).
2021-09-28

Malaysia Imports YoY
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