Exports from Malaysia dropped 5.5 percent from a year earlier to MYR 80.8 billion in November 2019, compared to market consensus of a 4.4 percent fall and a 6.7 percent drop in October. Sales decreased for crude petroleum (-23.4 percent), refined petroleum products (-19.0 percent), electrical & electronic products (-11.6 percent), liquefied natural gas (-35.9 percent), palm oil & palm oil-based products (-2.6 percent), and natural rubber (-10.6 percent), while increased for timber & timber-based products (2.7 percent). Among major trading partners, exports to Singapore tumbled 12.5 percent, led by electrical & electronic products; while those to China rose 4.1 percent, mainly driven by iron and steel bars, rods, angles, shapes, and sections. Also, sales to the US went up 6.5 percent. Exports in Malaysia averaged 25097.07 MYR Million from 1970 until 2019, 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. source: Department of Statistics, Malaysia

Exports in Malaysia is expected to be 84500.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Malaysia to stand at 85500.00 in 12 months time. In the long-term, the Malaysia Exports is projected to trend around 89000.00 MYR Million in 2020, according to our econometric models.

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Malaysia Exports

Actual Previous Highest Lowest Dates Unit Frequency
80800.00 90594.00 97122.00 328.10 1970 - 2019 MYR Million Monthly



Calendar GMT Actual Previous Consensus TEForecast
2019-10-04 04:00 AM Aug -0.8% 1.7% 2.5%
2019-11-04 04:00 AM Sep -6.8% -0.8% -0.1%
2019-12-04 04:00 AM Oct -6.7% -6.8% -12.6%
2020-01-03 04:00 AM Nov -5.5% -6.7% -4.4%


News Stream
2019-12-04
Malaysia Exports Drop Less than Expected
Exports from Malaysia dropped 6.7 percent from a year earlier to MYR 90.6 billion in October 2019, compared to market consensus of a 12.6 percent fall and a 6.8 percent decline in September. Sales decreased for crude petroleum (-50.5 percent), refined petroleum products (-27.2 percent), electrical & electronic products (-3.2 percent), liquefied natural gas (-17.1 percent), palm oil & palm oil-based products (-9.3 percent), timber & timber-based products (-3.9 percent), and natural rubber (-4.7 percent). Among major trading partners, exports to China dropped 11.0 percent, led by electrical & electronic products and refined petroleum product; while those to Singapore increased 4.1 percent, driven by crude petroleum and palm oil & palm oil-based products. Also, sales to the US rose 2.7 percent.

2019-11-04
Malaysia Exports Fall the Most in Near 3 Years
Exports from Malaysia dropped by 6.8 percent year-on-year to MYR 77.7 billion in September 2019, worse than market consensus of a 0.1 percent fall, and the steepest drop since October 2016, after a 0.8 percent fall in the previous month. Sales decreased for electrical & electronic products (-12.2 percent); crude petroleum (-45.8 percent); liquefied natural gas/LNG (-1.8 percent); palm oil & palm oil-based products (-6.6 percent); refined petroleum products (-14.7 percent); and natural rubber (-4.8 percent. By contrast, outbound shipments increased for: timber and timber-based products (5.8 percent). Among major trading partners, sales dropped to China (-3.0 percent), led by electrical & electronic products and refined petroleum product; Singapore (-11.7 percent), driven by electrical and electronic products; while those to the US increased by 6.5 percent.

2019-10-04
Malaysia Exports Fall Unexpectedly in August
Exports from Malaysia unexpectedly dropped by 0.8 percent year-on-year to MYR 81.4 billion in August 2019, missing market consensus of a 2.5 percent rise and after a 1.7 percent rise in the previous month. Sales decreased for electrical & electronic products (-7.4 percent); crude petroleum (-40 percent); liquefied natural gas/LNG (-11.2 percent). By contrast, outbound shipments increased for: palm oil & palm oil-based products (16.7 percent); refined petroleum products (7.7 percent); timber and timber-based products (1.7 percent), and natural rubber (3.7 percent. Among major trading partners, sales dropped to China (-2.8 percent), led by electrical & electronic products and refined petroleum product; Singapore (-7.2 percent), driven by electrical and electronic products; while those to the US increased by 6.8 percent.

2019-09-04
Malaysia Exports Rise Unexpectedly in July
Exports from Malaysia unexpectedly increased by 1.7 percent year-on-year to MYR 88.0 billion in July 2019, missing market consensus of a 2.5 percent drop and after a 3.1 percent fall in the previous month. Sales rose for electrical & electronic products (4.5 percent); timber & timber based products (1.2 percent); liquefied natural gas/LNG (31.3 percent); refined petroleum products (3.2 percent); natural rubber (25.5 percent). By contrast, outbound shipments declined for: crude petroleum (-45.7 percent); palm oil & palm oil-based products (-9.9 percent). Among major trading partners, sales increased to China (3.8 percent), led by LNG and refined petroleum product; Singapore (3.1 percent), driven by electrical and electronic products; and the US (7.9 percent).

2019-08-02
Malaysia Exports Drop Unexpectedly in June
Exports from Malaysia unexpectedly fell by 3.1 percent year-on-year to MYR 76.2 billion in June 2019, missing market consensus of a 1.8 percent gain and after a 2.5 percent increase in the previous month. This was the first decline in exports since March, as sales declined for both electrical & electronic products (-6.0 percent) and timber & timber based products (-17.6 percent). By contrast, outbound shipments increased for: crude petroleum (31.7 percent); palm oil & palm oil-based products (2.2 percent); natural rubber (10.7 percent); refined petroleum products (8.4 percent), and liquefied natural gas products (5.5 percent). Among major trading partners, sales decreased to China (-12.0 percent), led by electrical and electronic products; Singapore (-0.9 percent), dragged down by electrical and electronic products, while increased to the US (8.8 percent).For the first half of 2019, exports decreased 0.2 percent from the same period the previous year,

2019-07-04
Malaysia Exports Rise Less than Expected
Exports from Malaysia rose by 2.5 percent year-on-year to MYR 84.1 billion in May 2019, below market consensus of a 3.6 percent gain and after a 1.1 percent increase in the previous month. Sales went up for electrical & electronic products (0.5 percent); palm oil & palm oil-based products (7.6 percent); timber & timber based products (15.0 percent); natural rubber (5.3 percent). By contrast, outbound shipments declined for crude petroleum (-20.0 percent); refined petroleum products (-15.5 percent), and liquefied natural gas products (-5.2 percent). Among major trading partners, sales rose to the US (11.7 percent); Singapore (2.6 percent), driven by refined petroleum products, while fell to China (-2.2 percent), led by E&E products.


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).

Malaysia Trade Last Previous Highest Lowest Unit
Balance of Trade 6535.41 17325.83 17325.83 -2880.61 MYR Million [+]
Current Account 11452.00 14257.00 39982.00 978.00 MYR Million [+]
Current Account to GDP 2.30 3.00 17.10 -13.20 percent [+]
Imports 74300.00 73268.12 80536.08 313.60 MYR Million [+]
Exports 80800.00 90594.00 97122.00 328.10 MYR Million [+]
External Debt 916441.00 931083.27 933396.80 9063.00 MYR Million [+]
Terms of Trade 98.60 99.20 117.20 92.50 points [+]
Tourism Revenues 84135.20 82165.00 84135.20 8580.50 MYR Million [+]
Tourist Arrivals 1997093.00 2342438.00 2806565.00 459374.00 [+]
Gold Reserves 38.88 38.88 38.90 35.46 Tonnes [+]
Crude Oil Production 570.00 545.00 791.00 489.00 BBL/D/1K [+]
Terrorism Index 2.50 2.70 3.58 0.00 [+]
Capital Flows -1342.00 -18560.00 51436.00 -71537.00 MYR Million [+]
Foreign Direct Investment 2906.00 4395.37 21725.64 -1982.56 MYR Million [+]


United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category