Exports from Malaysia dropped 4.7% from a year earlier to MYR 80.1 billion in March 2020, compared to market consensus of a 6% fall and a 11.8% rise in February. Exports fell for timber & timber-based products (-15.6%); liquefied natural gas (-13.4%); electrical and electronics (E&E) products (-13.9%); natural rubber (-9.7%); crude petroleum (-4.2%), and palm oil-based products (-0.9%). By contrast, sales jumped for refined petroleum products (44.3%). Among major trading partners, exports to China shrank 6.1%, led by palm E&E roducts (-27.4%); while those to Singapore rose 8.6%, mainly driven by refined petroleum products. Also, sales to the US fell 3.6%.

Exports in Malaysia averaged 25389.97 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 May of 2020. source: Department of Statistics, Malaysia

Exports in Malaysia is expected to be 78500.00 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 87000.00 in 12 months time. In the long-term, the Malaysia Exports is projected to trend around 89000.00 MYR Million in 2021, according to our econometric models.

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Malaysia Exports

Actual Previous Highest Lowest Dates Unit Frequency
80100.00 74500.00 97122.00 328.10 1970 - 2020 MYR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-04 05:00 AM Dec 2.7% -5.5% -1%
2020-03-04 04:00 AM Jan -1.5% 2.7% -1.6%
2020-04-03 04:00 AM Feb 11.8% -1.5% 5%
2020-05-04 04:00 AM Mar -4.7% 11.8% -6%


News Stream
Malaysia Exports Fall Less than Expected
Exports from Malaysia dropped 4.7% from a year earlier to MYR 80.1 billion in March 2020, compared to market consensus of a 6% fall and a 11.8% rise in February. Exports fell for timber & timber-based products (-15.6%); liquefied natural gas (-13.4%); electrical and electronics (E&E) products (-13.9%); natural rubber (-9.7%); crude petroleum (-4.2%), and palm oil-based products (-0.9%). By contrast, sales jumped for refined petroleum products (44.3%). Among major trading partners, exports to China shrank 6.1%, led by palm E&E roducts (-27.4%); while those to Singapore rose 8.6%, mainly driven by refined petroleum products. Also, sales to the US fell 3.6%.
2020-05-04
Malaysia Exports Rise the Most in 16 Months
Exports from Malaysia surged 11.8% from a year earlier to MYR 74.5 billion in February 2020, compared to market consensus of a 5% rise and a 1.5% fall in January. This was the strongest growth rate in 16 months, boosted by timber & timber-based products (41.8%); refined petroleum products (21.7%); palm oil & palm oil-based products (14.7%), liquefied natural gas (7.1%), and natural rubber (33.2%). By contrast, sales declined for both electrical and electronics (E&E) products (-2.7%) and crude petroleum (-11.7%). Among major trading partners, exports to China advanced 11.0%, led by palm oil and palm oil-based products; while those to Singapore jumped 22.5%, mainly driven by refined petroleum products. Also, sales to the US surged 25.5%.
2020-04-03
Malaysia Exports Fall Less than Expected
Exports from Malaysia dropped 1.5% from a year earlier to MYR 84.1 billion in January 2020, compared to market consensus of a 1.6% fall and a 2.7% gain in December, partly due to fewer working days due to Lunar New Year closures. Sales decreased for key electrical and electronics (E&E) products (-5.5%); liquefied natural gas (-22.8%); crude petroleum (-10.9%); timber & timber-based products (-5.9%) and natural rubber (-0.5%). By contrast, sales increased for both refined petroleum products (62%) and palm oil & palm oil-based products (1.2%). Among major trading partners, exports to China dropped -5.7%, led by LNG; while those to Singapore rose 0.9%, mainly driven by refined petroleum products. Also, sales to the US advanced 9.5%.
2020-03-04
Malaysia Exports Rise For 1st Time in 5 Months
Exports from Malaysia unexpectedly surged 2.7% from a year earlier to MYR 86.4 billion in December 2019, compared to market consensus of a 1% fall and a 5.5% drop in November. Sales increased for the first time since July, driven by refined petroleum products (35.2%), timber & timber-based products (9.8%), palm oil & palm oil-based products (20.9%), and natural rubber (8.1%), while declined for crude petroleum (-24.3%), electrical & electronic products (-5.4%), and liquefied natural gas (-21.3%). Among major trading partners, exports to China jumped 17.8%, led by measuring, checking, analysing and controlling instruments and apparatus; while those to Singapore fell 2.7%, mainly dragged by electrical and electronic products (-17.9%). Also, sales to the US advanced 15.1% For full year 2019, exports were down 1.7% over the prior year to MYR 986 billion, due to lower shipments to Hong Kong, Japan, Australia, Singapore and the EU.
2020-02-04

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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