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.