Malaysia’s trade surplus widened sharply to MYR 24.2 billion in March 2021 from MYR 12.3 billion in the same month a year ago, and above market expectations of MYR 18.8 billion It was the largest trade surplus since last July, as exports rose more than imports. Exports jumped 31 to USD 104.9 billion, the fastest pace in nearly four years, led by higher sales of manufactured goods and agriculture sectors. Imports rose at a softer 19.2 percent to USD 80.8 billion as purchases roe for capital goods (93.4 percent), consumption goods (13.0 percent) and intermediate goods (12.4 percent). source: Department of Statistics, Malaysia

Balance of Trade in Malaysia averaged 3844.33 MYR Million from 1970 until 2021, 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 May of 2021.

Balance of Trade in Malaysia is expected to be 5000.00 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 10200.00 in 12 months time. In the long-term, the Malaysia Balance of Trade is projected to trend around 9820.00 MYR Million in 2022, according to our econometric models.

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Malaysia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
24152.00 17877.00 25176.00 -3633.59 1970 - 2021 MYR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-01-29 04:00 AM Dec MYR20.7B MYR17.05B MYR19.9B MYR 16B
2021-02-26 04:00 AM Jan MYR16.6B MYR20.7B MYR17B MYR 20B
2021-03-29 04:00 AM Feb MYR17.9B MYR16.6B MYR15.6B MYR 17B
2021-04-28 04:00 AM Mar MYR24.2B MYR17.9B MYR18.8B MYR 17B
2021-05-28 04:00 AM Apr MYR24.2B
2021-06-28 04:00 AM May
2021-07-28 04:00 AM Jun MYR 10.4B
2021-08-27 04:00 AM Jul


News Stream
Malaysia Trade Surplus Largest in 8 Months
Malaysia’s trade surplus widened sharply to MYR 24.2 billion in March 2021 from MYR 12.3 billion in the same month a year ago, and above market expectations of MYR 18.8 billion It was the largest trade surplus since last July, as exports rose more than imports. Exports jumped 31% to USD 104.9 billion, the fastest pace in nearly four years, led by higher sales of manufactured goods and agriculture sectors. Imports rose at a softer 19.2 percent to USD 80.8 billion as purchases roe for capital goods (93.4 percent), consumption goods (13.0 percent) and intermediate goods (12.4 percent).
2021-04-28
Malaysia Trade Surplus Larger than Expected
Malaysia’s trade surplus widened to MYR 17.9 billion in February 2021 from MYR 12.6 billion in the same month a year ago, and above market expectations of MYR 15.6 billion as exports rose more than imports, amid the coronavirus pandemic. Exports jumped 17.6 percent to USD 87.6 billion, led by higher sales of manufactured goods and agriculture sectors. Imports rose at a softer 12.7 percent to USD 69.7 billion as purchases of both capital goods and consumption goods rose 39.0 percent and 17.6 percent, respectively. Meanwhile, purchases of intermediate goods declined by 0.2 percent.
2021-03-29
Malaysia Trade Surplus Smaller than Expected
Malaysia’s trade surplus widened to MYR 16.6 billion in January 2021 from MYR 12 billion in the same month a year ago, but below market expectations of MYR 17 billion as exports rose more than imports, amid the coronavirus pandemic. Exports were up 6.6 percent, led by higher sales of manufactured goods and mining sectors. Imports rose 1.3 percent as purchases of both consumption goods and intermediate goods rose 1.3 percent and 1.4 percent, respectively. Meanwhile, purchases of capital goods declined by 5.4 percent.
2021-02-26
Malaysia Trade Surplus Larger than Expected
Malaysia’s trade surplus surged to MYR 20.7 billion in December 2020 from MYR 12 billion in the same month a year ago, and above market expectations of MYR 19.9 billion as exports rose more than imports, amid the coronavirus pandemic. Exports jumped 10.8 percent, led by higher sales of manufactured goods and agricultural goods. Imports rose 1.6 percent as purchases of consumption goods rose by 3.3 percent. Meanwhile, purchases of both intermediate and capital goods declined. Considering 2020 full year, the trade surplus was MYR 184.8 billion, as exports fell 1.4 percent from a year earlier to MYR 981 billion, while imports shrank at a faster 6.3 percent to MYR 796.2 billion.
2021-01-29

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. .