Exports from Malaysia surged by 18.4 percent from a year earlier to MYR 95.6 billion in August 2021, above market consensus of a 14.6 percent rise, and accelerating sharply from a 5.0 percent rise in the prior month, amid a further recovery in global demand and surging commodity prices. Exports increased for all sectors: manufactured goods (15.4 percent), mining (50.6 percent), and agricultural goods (28.5 percent). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (6.8 percent), followed by petroleum products (56.5 percent), and chemical and chemical products (59.1 percent). Among major trading partners, exports grew to the US (12.1 percent), China (5.7 percent), Singapore (21.5 percent) and the ASEAN countries (25.0 percent). source: Department of Statistics, Malaysia

Exports in Malaysia averaged 25688.35 MYR Million from 1970 until 2020, reaching an all time high of 97122 MYR Million in October of 2018 and a record low of 328.10 MYR Million in February of 1970. This page provides the latest reported value for - Malaysia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malaysia Exports - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Exports in Malaysia is expected to be 100587.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Exports is projected to trend around 95320.00 MYR Million in 2022, according to our econometric models.

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Malaysia Exports


Calendar GMT Actual Previous Consensus TEForecast
2021-06-28 04:00 AM May 47.3% 63% 56.8%
2021-07-28 04:00 AM Jun 27.2% 47.3% 11.7%
2021-08-27 04:00 AM Jul 5% 27.2% 9.7%
2021-09-28 04:00 AM Aug 18.4% 5% 14.6%


News Stream
Malaysia Exports Rise More than Expected
Exports from Malaysia surged by 18.4 percent from a year earlier to MYR 95.6 billion in August 2021, above market consensus of a 14.6 percent rise, and accelerating sharply from a 5.0 percent rise in the prior month, amid a further recovery in global demand and surging commodity prices. Exports increased for all sectors: manufactured goods (15.4 percent), mining (50.6 percent), and agricultural goods (28.5 percent). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (6.8 percent), followed by petroleum products (56.5 percent), and chemical and chemical products (59.1 percent). Among major trading partners, exports grew to the US (12.1 percent), China (5.7 percent), Singapore (21.5 percent) and the ASEAN countries (25.0 percent).
2021-09-28
Malaysia Exports Rise Less than Expected
Exports from Malaysia increased by 5.0 percent from a year earlier to MYR 97.3 billion in July 2021, the first single-digit growth in 5 months, below market consensus of a 9.7 percent rise, and slowing from a 27.2 percent jump in the prior month amid the coronavirus pandemic. Exports increased for all sectors: manufactured goods (2.3 percent), mining (18.3 percent), and agricultural goods (29.2 percent). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (41.9 percent), followed by petroleum products (12.5 percent), and chemical and chemical products (6.5 percent). Among major trading partners, exports grew to Singapore (9.0 percent) and the ASEAN countries (7.9 percent), but decline to the US (1.1 percent) and China (8.1 percent).
2021-08-27
Malaysia Exports Rise More than Expected
Exports from Malaysia increased by 27.2 percent from a year earlier to MYR 105.5 billion in June 2021, the fifth straight month of double-digit growth, and above market consensus of a 11.7 percent gain, but slowing from a 47.3 percent surge in the prior month amid the coronavirus pandemic. Exports increased for all sectors: manufactured goods (25.8 percent), mining (32.9 percent), and agricultural goods (40.0 percent). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products, followed by rubber products, and petroleum products. Among major trading partners, exports grew to the US (32.0 percent), China (18.5 percent) and Singapore (15.1 percent). Also, exports to the ASEAN countries jumped by 22.7 percent.
2021-07-28
Malaysia Exports Rise Less than Estimated
Exports from Malaysia increased by 47.3 percent from a year earlier to MYR 92.3 billion in May 2021, the fourth straight month of double-digit growth, but slowing from a 63 percent surge in the prior month and below market consensus of a 56.8 percent gain, amid the coronavirus pandemic. Exports increased for all sectors: manufactured goods (45.4 percent), mining (76.0 percent), and agricultural goods (51.7 percent). The expansion in the manufacturing sector was mainly boosted by higher exports of E&E products, followed by rubber products, and petroleum products. Among major trading partners, exports grew to the US (48.5 percent), China (17.7 percent) and Singapore (46.2 percent). Also, exports to the ASEAN countries jumped by 49.4 percent.
2021-06-28

Malaysia Last Unit Reference Previous Highest Lowest
Balance of Trade 21388.00 MYR Million Aug/21 13757.00 25176.00 -3633.59
Current Account 14411.00 MYR Million Jun/21 12294.00 39982.00 978.00
Current Account to GDP 1.00 percent of GDP Dec/20 3.30 17.10 -13.20
Imports 74199.00 MYR Million Aug/21 83564.00 97100.00 313.60
Exports 95587.00 MYR Million Aug/21 97321.00 105590.00 328.10
Terms of Trade 105.60 points Aug/21 105.00 117.20 92.50
Foreign Direct Investment 8243.00 MYR Million Jun/21 9137.00 19466.00 -1982.56
Capital Flows -7088.00 MYR Million Jun/21 15797.00 51436.00 -71537.00


Malaysia Exports
Exports supported by influx of foreign direct investments have been one of the most important factors driving Malaysia’s GDP growth in recent years. Malaysia's main exports are: electrical and electronics products (36 percent), chemicals (7.1 percent), petroleum products (7.0 percent), liquefied natural gas (6 percent), and palm oil (5.1 percent). Malaysia's main export partners are: Singapore (14 percent), China (13 percent), European Union (10 percent), Japan (9.5 percent), the United States (9.4 percent) and Thailand (6 percent).


United Nations Comtrade Database
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