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.

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Malaysia Imports


Calendar GMT Actual Previous Consensus TEForecast
2021-06-28 04:00 AM May 50.3% 24.4% 50.1%
2021-07-28 04:00 AM Jun 32.1% 50.3% 18.2%
2021-08-27 04:00 AM Jul 24.0% 32.1% 19.4%
2021-09-28 04:00 AM Aug 12.5% 23.9% 24.5%
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
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 Growth Beats Estimates
Imports to Malaysia grew 24.0 percent year-on-year to MYR 83.6 billion in July 2021, easily beating market consensus of 19.4 percent gain, but slowing from a 32.1 percent surge in the previous month, amid restrictions to combat the spread of the coronavirus. Arrivals rose for consumption goods (7.7 percent), intermediate goods (55.8 percent), and capital goods (10.1 percent). By country, arrivals from China and the US rose 40.9 percent and 6.9 percent, respectively. Imports also advanced from the ASEAN countries (14.7 percent). By contrast, imports fell from Singapore (2.3 percent).
2021-08-27
Malaysia Import Growth Eases in June
Imports to Malaysia advanced 32.1 percent year-on-year to MYR 83.2 billion in June 2021, beating market consensus of 18.2 percent gain, but slowing from a 50.3 percent jump in the previous month, amid stricter restrictions to combat the coronavirus. Arrivals rose for consumption goods (19.2 percent), intermediate goods (25.3 percent), and capital goods (15.2 percent). By country, arrivals from China and the US rose 43.0 percent and 10.6 percent, respectively. Imports also grew from the ASEAN countries (30.8 percent). By contrast, imports fell from Singapore (-0.7 percent).
2021-07-28
Malaysia Imports Grow More than Expected
Imports to Malaysia jumped 50.3 percent year-on-year to MYR 78.6 billion in May 2021, beating market consensus of 50.1 percent gain, and after 24.4 percent rise in the previous month, amid the coronavirus pandemic. Arrivals rose for consumption goods (37.8 percent), and intermediate goods (52.4 percent), and capital goods (34.0 percent). By country, arrivals from China and Singapore surged 83.6 percent and 55.2 percent, respectively. Imports also soared from the US (17.6 percent), the ASEAN countries (61.8 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 Imports
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