Imports to Malaysia dropped by 5.6 percent year-on-year to MYR 62 billion in June 2020, better than an expected 10 percent fall, and after a 30.4 percent slump in the previous month. It was the fourth straight month of declines in imports, as the coronavirus health crisis ravaged business activity and demand. Arrivals of intermediate goods fell 10.8 percent. Meanwhile, imports rose for capital and consumption goods 2.8 percent and 9 percent respectively. By country, arrivals from Singapore were down 11.2 percent, while those from the US and China rose 9.9 percent and 3.4 percent respectively. Imports also decreased from the ASEAN countries (-13.8 percent).

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 August of 2020. source: Department of Statistics, Malaysia

Imports in Malaysia is expected to be 57000.00 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 71830.00 in 12 months time. In the long-term, the Malaysia Imports is projected to trend around 72800.00 MYR Million in 2021 and 76500.00 MYR Million in 2022, according to our econometric models.

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Malaysia Imports

Actual Previous Highest Lowest Dates Unit Frequency
61975.00 52272.24 80536.08 313.60 1970 - 2020 MYR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-05-04 04:00 AM Mar -2.7% 11.3% -5.1%
2020-06-04 04:00 AM Apr -8% -2.7% -14.4%
2020-06-29 04:00 AM May -30.4% -8%
2020-07-28 04:00 AM Jun -5.6% -30.4% -10%
2020-12-28 04:00 AM Nov


News Stream
Malaysia Imports Fall Less than Expected
Imports to Malaysia dropped by 5.6 percent year-on-year to MYR 62 billion in June 2020, better than an expected 10 percent fall, and after a 30.4 percent slump in the previous month. It was the fourth straight month of declines in imports, as the coronavirus health crisis ravaged business activity and demand. Arrivals of intermediate goods fell 10.8 percent. Meanwhile, imports rose for capital and consumption goods 2.8 percent and 9 percent respectively. By country, arrivals from Singapore were down 11.2 percent, while those from the US and China rose 9.9 percent and 3.4 percent respectively. Imports also decreased from the ASEAN countries (-13.8 percent).
2020-07-28
Malaysia Imports Plunge the Most Since 2009
Imports to Malaysia slumped by 30.4 percent year-on-year to MYR 52.3 billion in May 2020, the largest decline since January 2009, as the coronavirus health crisis ravaged business activity and demand. Arrivals of intermediate goods tumbled 27.8 percent, while those of consumption goods plunged 21.9 percent. Also, purchases of capital goods slumped 27.8 percent. By country, arrivals from China and Singapore were down 21.7 and 39.5 percent respectively, while those from the US fell 16.4 percent. Imports also plunged from the ASEAN countries (-42.2 percent).
2020-06-29
Malaysia Imports Fall Less than Expected
Imports to Malaysia dropped by 8.0 percent year-on-year to MYR 68.4 billion in April 2020, while markets had forecast a 14.4 percent fall. Arrivals of intermediate goods tumbled 30.6 percent, led by part of accessories of capital goods except transport equipment. Also, imports of consumption goods fell 12 percent, attributed to durables, non-durables, and food & beverages, processed, mainly of household consumption. Conversely, purchases of capital goods jumped 68.9 percent. By country, arrivals from China and Singapore were down 6.0 and 35.9 percent respectively, while those from South Korea surged 323.6 percent boosted by imports of floating structures. Imports also fell from the EU, Thailand, Saudi Arabia and Japan.
2020-06-04
Malaysia Imports Decline Less than Expected
Imports to Malaysia dropped by 2.7% yoy to USD 67.8 billion in March 2020, compared with market consensus of a 5.1% fall and after an 11.3% jump in March. Arrivals of capital goods sank 47.5%, led by capital goods except transport equipment. In contrast, imports of intermediate goods rose 2%, attributed to fuel & lubricants, primary and industrial supplies, primary. Also, purchases of consumption goods grew 7%, due to food & beverages, processed mainly household consumption, and food & beverages, primary, mainly for household consumption. By country, arrivals from Singapore sank 24.6%, largely due to refined petroleum products & E&E products. Conversely, imports from China rose 1.2%, led by E&E products.
2020-05-04

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