Exports from Malaysia unexpectedly increased 3.1 percent from a year earlier to MYR 92.5 billion in July 2020, easing from a downwardly revised 8.0 percent jump in the prior month, but defying market consensus of 1.2 percent fall. It was the second straight month of increase in exports, as global demand started to improve after a loosening of coronavirus-related lockdown measures. Exports rose for manufactured goods (4.7 percent), and agriculture goods (30.4 percent), while slumped for mining sectors (-30.2 percent). Among major trading partners, exports to China and the US surged 13.9 percent and 28.6 percent respectively. Exports also rose to Singapore (3.8 percent), and the ASEAN Countries (0.1 percent).

Exports in Malaysia averaged 25688.35 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 September of 2020. source: Department of Statistics, Malaysia

Exports in Malaysia is expected to be 65500.00 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 69250.00 in 12 months time. In the long-term, the Malaysia Exports is projected to trend around 71000.00 MYR Million in 2021 and 75000.00 MYR Million in 2022, according to our econometric models.

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Malaysia Exports

Actual Previous Highest Lowest Dates Unit Frequency
92531.00 82819.00 97122.00 328.10 1970 - 2020 MYR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-06-04 04:00 AM Apr -23.8% -4.7% -15.1%
2020-06-29 04:00 AM May -25.5% -23.8%
2020-07-28 04:00 AM Jun 8.8% -25.5% -8%
2020-08-28 04:00 AM Jul 3.1% 8.0% -1.2%
2020-12-28 04:00 AM Nov
2020-12-28 04:00 AM Nov


News Stream
Malaysia Exports Unexpectedly Rise in July
Exports from Malaysia unexpectedly increased 3.1 percent from a year earlier to MYR 92.5 billion in July 2020, easing from a downwardly revised 8.0 percent jump in the prior month, but defying market consensus of 1.2 percent fall. It was the second straight month of increase in exports, as global demand started to improve after a loosening of coronavirus-related lockdown measures. Exports rose for manufactured goods (4.7 percent), and agriculture goods (30.4 percent), while slumped for mining sectors (-30.2 percent). Among major trading partners, exports to China and the US surged 13.9 percent and 28.6 percent respectively. Exports also rose to Singapore (3.8 percent), and the ASEAN Countries (0.1 percent).
2020-08-28
Malaysia Exports Jump Unexpectedly in June
Exports from Malaysia unexpectedly surged 8.8 percent from a year earlier to MYR 82.9 billion in June 2020, rebounding from a 25.5 percent plunge in the prior month, and defying market consensus of 8 percent fall. It was the first increase in exports since February, as global demand started to improve after some containment measures were relaxed. Exports jumped for manufactured goods (13.7 percent), and agriculture goods (30.0 percent), while slumped for mining sectors (-45.6 percent). Among major trading partners, exports to China and the US surged 46.8 percent and 27.6 percent respectively. Exports also rose to Singapore (3.7 percent), and the ASEAN Countries (1.3 percent).
2020-07-28
Malaysia Exports Fall the Most in 11 Years
Exports from Malaysia tumbled 25.5 percent from a year earlier to MYR 62.7 billion in May 2020, the lowest since May 2009, as pandemic hits global demand. Exports plunged for manufactured goods (-23.5 percent), mining goods (-49.1 percent), and agriculture goods(-21.3 percent). Among major trading partners, exports to Singapore and the US were down 21.9 and 9.3 percent respectively, while shipments to China rose 4.4 percent. Exports also fell to the ASEAN countries (-30.6 percent).
2020-06-29
Malaysia Exports Drop the Most in a Decade
Exports from Malaysia tumbled 23.8 percent from a year earlier to MYR 64.9 billion in April 2020, the largest decline since September 2009 and compared to market consensus of a 15.1 percent fall. Exports plunged for electrical and electronic products (-21.7 percent), refined petroleum products (-22.2 percent), timber and timber-based products (-49.6 percent), LNG (-20.5 percent), crude petroleum (-33.8 percent), palm oil & palm oil-based products (-2.4 percent) and natural rubber (-27.2 percent). Among major trading partners, exports to Singapore and South Korea were down 16.3 and 2.7 percent respectively, while shipments to China rose 4.2 percent. Exports also fell to the EU, the US, India and Thailand.
2020-06-04

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
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category