Exports from Malaysia surged 38.8% from a year earlier to a record peak of MYR 146.2 billion in June 2022, easily beating market consensus of a 20.1% gain, after a downwardly revised 30.4% rise in the previous month. It was the 22nd consecutive month of increase in exports, which was the most since May 2021, and the 11th straight month of double-digit growth, amid soaring commodity prices. Further, the latest reading pointed to the tenth consecutive months of exports value exceeded MYR 100 billion. Sales increased for all sectors: manufactured goods (33.8%), mining (116.3%), and agricultural goods (46.8%). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (40.9%); and petroleum products (104.1%), Among major trading partners, exports grew to the US (30.6%), China (4.2%), Singapore (71.6%), Japan (55.8%), the ASEAN countries (55.2%), and the EU (39.4%). Considering the first half of the year, exports expanded by 26.1%. source: Department of Statistics, Malaysia

Exports YoY in Malaysia averaged 12.79 percent from 1971 until 2022, reaching an all time high of 84.30 percent in February of 1974 and a record low of -30.40 percent in January of 2009. This page includes a chart with historical data for Malaysia Exports YoY. Malaysia Exports YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

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Malaysia Exports YoY


Malaysia Exports YoY
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).
Actual Previous Highest Lowest Dates Unit Frequency
38.80 30.40 84.30 -30.40 1971 - 2022 percent Monthly

News Stream
Malaysia Exports Rise to Record High
Exports from Malaysia surged 38.8% from a year earlier to a record peak of MYR 146.2 billion in June 2022, easily beating market consensus of a 20.1% gain, after a downwardly revised 30.4% rise in the previous month. It was the 22nd consecutive month of increase in exports, which was the most since May 2021, and the 11th straight month of double-digit growth, amid soaring commodity prices. Further, the latest reading pointed to the tenth consecutive months of exports value exceeded MYR 100 billion. Sales increased for all sectors: manufactured goods (33.8%), mining (116.3%), and agricultural goods (46.8%). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (40.9%); and petroleum products (104.1%), Among major trading partners, exports grew to the US (30.6%), China (4.2%), Singapore (71.6%), Japan (55.8%), the ASEAN countries (55.2%), and the EU (39.4%). Considering the first half of the year, exports expanded by 26.1%.
2022-07-20
Malaysia Exports Growth Above Forecasts
Exports from Malaysia grew 30.5% from a year earlier to MYR 120.5 billion in May 2022, beating market consensus of a 28.9% gain, after a marginally revised 20.8% rise in the previous month. Still, it was the 21st consecutive month of increase in exports and the tenth straight month of double-digit growth, amid surging commodity prices. Further, the latest reading pointed to the ninth consecutive months of exports value exceeded MYR 100 billion. Sales climbed for all sectors: manufactured goods (27.3%), mining (54.9%), and agricultural goods (43.9%). The expansion in the manufacturing sector was mainly underpinned by higher exports of electrical and electronic products (45.3%), followed by petroleum products (81.2%), and chemical and chemical products (17.2%). Among major trading partners, exports rose to the US (15.5%), China (10.1%), Singapore (40.9%), Japan (5.8%), the ASEAN countries (44.2%), and the EU (30.2%). Considering the first five months, exports expanded by 23.5%.
2022-06-17
Malaysia Exports Rise More than Estimated
Exports from Malaysia rose 20.7% from a year earlier to MYR 127.5 billion in April 2022, beating market consensus of a 19.7 percent rise, but easing from a downwardly revised 25.3 percent growth in March. Still, it was the 20th consecutive month of increase in exports and the ninth straight month of double-digit growth, amid surging commodity prices. Further, the latest reading pointed to the eighth consecutive months of exports value exceeded MYR 100 billion. Sales grew for all sectors: manufactured goods (17.2%), mining (64.6%), and agricultural goods (29.9%). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (27.0%), followed by chemicals and chemical products (33.1%), and manufacture of metal (52.6%). Among major trading partners, exports expanded to the US (18.1%), China (12.4%), Singapore (9.1%), Japan (22.1%), and the ASEAN countries (14.2%). For the first four months of the year, exports grew by 21.9%.
2022-05-19


United Nations Comtrade Database
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