Malaysia’s trade surplus increased sharply to MYR 22 billion in September 2020 from MYR 8.3 billion in the same month a year ago, and far above market expectations of MYR 13.9 billion, amid the coronavirus pandemic. This was the second largest trade surplus on record, as exports jumped while imports declined. Exports surged 13.6 percent, led by higher sales of manufactured goods and agricultural goods. Imports declined 3.6 percent as purchases of both intermediate and capital goods fell. Considering the first nine months of 2020, the trade surplus was MYR 125 billion, as exports were down 3.7 percent from a year earlier to MYR 709.6 billion, while imports fell 6.9 percent to MYR 584.6 billion. source: Department of Statistics, Malaysia

Balance of Trade in Malaysia averaged 3721.02 MYR Million from 1970 until 2020, 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 November of 2020.

Balance of Trade in Malaysia is expected to be 1500.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Malaysia to stand at -1000.00 in 12 months time. In the long-term, the Malaysia Balance of Trade is projected to trend around -1800.00 MYR Million in 2021 and -1500.00 MYR Million in 2022, according to our econometric models.

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Malaysia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
21970.00 13200.00 25176.00 -3633.59 1970 - 2020 MYR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-07-28 04:00 AM Jun MYR20.9B MYR10.4B MYR12.1B MYR 12.1B
2020-08-28 04:00 AM Jul MYR25.2B MYR20.85B MYR15.9B MYR 18.1B
2020-09-28 04:00 AM Aug MYR13.2B MYR25.2B MYR17.9B MYR18.5B
2020-10-28 04:00 AM Sep MYR22B MYR13.2B MYR13.9B MYR 13B
2020-11-30 04:00 AM Oct MYR22B MYR 17B
2020-12-28 04:00 AM Nov
2021-01-03 04:00 AM Nov
2021-02-04 05:00 AM Dec


News Stream
Malaysia Trade Surplus Second Largest on Record
Malaysia’s trade surplus increased sharply to MYR 22 billion in September 2020 from MYR 8.3 billion in the same month a year ago, and far above market expectations of MYR 13.9 billion, amid the coronavirus pandemic. This was the second largest trade surplus on record, as exports jumped while imports declined. Exports surged 13.6 percent, led by higher sales of manufactured goods and agricultural goods. Imports declined 3.6 percent as purchases of both intermediate and capital goods fell. Considering the first nine months of 2020, the trade surplus was MYR 125 billion, as exports were down 3.7 percent from a year earlier to MYR 709.6 billion, while imports fell 6.9 percent to MYR 584.6 billion.
2020-10-28
Malaysia Trade Surplus Smaller than Expected
Malaysia’s trade surplus increased to MYR 13.2 billion in August 2020 from MYR 10.9 billion in the same month a year ago, but below market expectations of MYR 17.9 billion, amid the coronavirus pandemic. Exports dropped 2.9 percent, led by lower sales of mining sectors, agriculture and manufactured goods. Imports declined at a faster 6.5 percent as purchases of both intermediate and capital goods fell. Considering the first eight months of 2020, the trade surplus was MYR 102.9 billion, as exports were down 5.8 percent from a year earlier to MYR 620.6 billion, while imports fell 7.3 percent to MYR 517.7 billion
2020-09-28
Malaysia Trade Surplus Hits Fresh Record High
Malaysia’s trade surplus surged to MYR 25.2 billion in July 2020 from MYR 14.3 billion in the same month a year ago, and beating market expectations of MYR 15.9 billion. It was the largest trade surplus since the series began in 1970, as exports rose while imports fell, amid the coronavirus pandemic. Exports increased 3.1 percent, led by higher sales of manufactured and agriculture goods. Imports declined as purchases of intermediate and capital goods fell.
2020-08-28
Malaysia Trade Surplus Largest on Record
Malaysia’s trade surplus jumped to MYR 20.9 billion in June 2020 from MYR 10.5 billion in the same month a year ago, and beating market expectations of MYR 12.1 billion. It was the largest trade surplus on record since the series began in 1970, as exports surged while imports fell, amid the coronavirus pandemic. Exports surged 8.8 percent, led by higher sales of manufactured and agriculture goods. Imports declined as purchases of intermediate goods fell.
2020-07-28

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. .