Malaysia's trade surplus widened to an-all time high of MYR 26.1 billion in September 2021 from MYR 21.9 billion in the same month a year ago, and beating market expectations of MYR 22.5 billion, amid a further recovery global demand. Exports surged 24.7 to a new high of USD 110.8 billion, led by higher sales of mining (48.1%), agriculture sectors (47.6%), and manufactured goods (21.6%). Imports rose 26.5 percent to a five-month high of USD 84.7 billion as purchases grew for all sectors: intermediate goods (29.7 percent), capital goods (20.3%) and consumption goods (3.7 percent) Considering the first nine months of the year, the trade surplus widened to USD 176.3 billion from USD 123.2 billion a year earlier. source: Department of Statistics, Malaysia
Balance of Trade in Malaysia averaged 4031.81 MYR Million from 1970 until 2021, reaching an all time high of 26100 MYR Million in September of 2021 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 October of 2021.
Balance of Trade in Malaysia is expected to be 24200.00 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 19820.00 MYR Million in 2022, according to our econometric models.