Exports from Malaysia eased by 6% year-on-year to MYR 131.9 billion in December 2022, following a downwardly revised 15.1% advance in the previous month and below market estimates of a 9% rise. It was the lowest growth since July 2021, amid weaker sales of manufacturing products (4.6% vs 15% in November) and mining products (31.6% vs 62%). On the other hand, shipments fell at a softer rate for agricultural products (-0.2% vs -11%). Among top trading partners, the sales increase was led by Singapore (23.1%), the United States (7.9%), and EU countries (20.1%). Sales mainly dropped to China (-12.1%) and Hong Kong (-3.6%). In 2022, the country’s total exports were 25% higher than in the previous year. source: Department of Statistics, Malaysia
Exports YoY in Malaysia averaged 12.92 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 January of 2023.