Malaysia's trade surplus narrowed sharply to MYR 13.7 billion in July 2021 from MYR 25.2 billion in the same month a year ago, and below market expectations of MYR 20 billion, due to a surge in imports. Exports grew 5.0 to USD 97.3 billion, the first single-digit growth in 5 months, led by higher sales of agriculture sectors (29.2%), mining (18.3%), and manufactured goods (2.3%). Imports soared by 24.0 percent to USD 83.6 billion as purchases rose for all categories: consumption goods (7.7 percent), intermediate goods (55.8 percent), and capital goods (10.1%). source: Department of Statistics, Malaysia

Balance of Trade in Malaysia averaged 3965.51 MYR Million from 1970 until 2021, reaching an all time high of 25176 MYR Million in July of 2020 and a record low of -3633.59 MYR Million in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Balance of Trade in Malaysia is expected to be 12000.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Balance of Trade is projected to trend around 9820.00 MYR Million in 2022, according to our econometric models.

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Malaysia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
13687.00 22256.00 25176.00 -3633.59 1970 - 2021 MYR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-05-28 04:00 AM Apr MYR20.5B MYR24.2B MYR18B MYR27B
2021-06-28 04:00 AM May MYR13.7B MYR20.5B MYR21.7B MYR19B
2021-07-28 04:00 AM Jun MYR22.2B MYR13.7B MYR19B MYR 10.4B
2021-08-27 04:00 AM Jul MYR13.7B MYR22.2B MYR20B MYR20B
2021-09-28 04:00 AM Aug MYR13.7B
2021-10-28 04:00 AM Sep MYR 12B
2021-11-30 04:00 AM Oct
2021-12-28 04:00 AM Nov


News Stream
Malaysia Trade Surplus Smaller than Forecasts
Malaysia's trade surplus narrowed sharply to MYR 13.7 billion in July 2021 from MYR 25.2 billion in the same month a year ago, and below market expectations of MYR 20 billion, due to a surge in imports. Exports grew 5.0 to USD 97.3 billion, the first single-digit growth in 5 months, led by higher sales of agriculture sectors (29.2%), mining (18.3%), and manufactured goods (2.3%). Imports soared by 24.0 percent to USD 83.6 billion as purchases rose for all categories: consumption goods (7.7 percent), intermediate goods (55.8 percent), and capital goods (10.1%).
2021-08-27
Malaysia Trade Surplus Largest in 3 Months
Malaysia's trade surplus widened to MYR 22.2 billion in June 2021 from MYR 20.9 billion in the same month a year ago, and above market expectations of MYR 19 billion. It was the largest trade surplus since March, due to a surge in exports, amid improving global demand. Exports jumped 27.2 to USD 105.5 billion, led by higher sales of agriculture sectors (40.0%), mining (32.9%), and manufactured goods (25.8%). Imports rose by 32.1 percent to USD 83.2 billion as purchases roe for all categories: consumption goods (19.2 percent), intermediate goods (25.3 percent), and capital goods (15.2%).
2021-07-28
Malaysia Trade Surplus Smaller than Expected
Malaysia's trade surplus widened to MYR 13.7 billion in May 2021 from MYR 10.4 billion in the same month a year ago, but below market expectations of MYR 21.7 billion, amid the coronavirus pandemic. Exports jumped 47.3 to USD 92.3 billion, led by higher sales of mining (76.0%), agriculture sectors (51.7%), and manufactured goods (45.4%). Imports rose at a faster 50.3 percent to USD 78.6 billion as purchases roe for all categories: consumption goods (37.8 percent), intermediate goods (52.4 percent), and capital goods (34.0%).
2021-06-28
Malaysia Trade Surplus Larger than Expected
Malaysia posted a trade surplus of MYR 20.5 billion in April 2021, shifting from a deficit of MYR 3.6 billion in the same month a year ago, and above market expectations of MYR 18 billion, as exports rose more than imports. Exports jumped 63.0 to USD 105.6 billion, led by higher sales of manufactured goods, mining, and agriculture sectors. Imports rose at a softer 24.4 percent to USD 85.1 billion as purchases roe for consumption goods (29.9 percent) and intermediate goods (64.4 percent).
2021-05-28

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. .