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). 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 October of 2021.
Imports in Malaysia is expected to be 70800.00 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 72800.00 in 12 months time. In the long-term, the Malaysia Imports is projected to trend around 75500.00 MYR Million in 2022, according to our econometric models.