Malaysia ExportsFebruary 2023 Data - 1970-2022 Historical - March Forecast

Name: Malaysia Exports
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Malaysia,Exports,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Exports in Malaysia decreased to 112277 MYR Million in February 2023 from 112655 MYR Million in January of 2023. source: Department of Statistics, Malaysia

Exports in Malaysia averaged 30055.47 MYR Million from 1970 until 2023, reaching an all time high of 146026.30 MYR Million in June of 2022 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 March of 2023.

Exports in Malaysia is expected to be 130000.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Exports is projected to trend around 151000.00 MYR Million in 2024 and 160000.00 MYR Million in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	19600.00	18200.00	MYR Million	Feb 2023
Current Account to GDP	2.60	3.80	percent of GDP	Dec 2022
Current Account	25668.00	14136.00	MYR Million	Dec 2022
Exports	112277.00	112655.00	MYR Million	Feb 2023
Imports	92715.00	94525.00	MYR Million	Feb 2023
Terms of Trade	111.50	111.60	points	Jan 2023
Foreign Direct Investment	19300.00	12308.34	MYR Million	Dec 2022
Capital Flows	-1060.00	-14907.00	MYR Million	Dec 2022

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).