Exports from Malaysia surged by 32.4 percent from a year earlier to MYR 112.2 billion in November 2021, beating market consensus of a 30 percent rise, and accelerating from a 25.5 percent growth in the prior month, amid a further recovery in global demand and surging commodity prices. Exports increased for all sectors: manufactured goods (28.2 percent), mining (45.2 percent), and agricultural goods (76.8 percent). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (17.4 percent), followed by petroleum products (111.6 percent), manufacture of metal (75.9 percent), and chemical and chemical products (45.9 percent). Among major trading partners, exports grew to the US (33.5 percent), China (20.5 percent), Singapore (19.7 percent) and the ASEAN countries (39.4 percent). Considering the first 11 months of the year, exports advanced 25.7 percent from the same period of 2020 to MYR 1,115.95 billion. source: Department of Statistics, Malaysia
Exports YoY in Malaysia averaged 12.64 percent from 1971 until 2021, 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 January of 2022.