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.

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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
32.40 25.50 84.30 -30.40 1971 - 2021 percent Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-11-29 04:00 AM Oct 25.5% 24.7% 21.8%
2021-12-28 04:00 AM Nov 32.4% 25.5% 30%
2022-01-28 04:00 AM Dec 32.4% 24.6%


News Stream
Malaysia Exports Rise More than Expected
Exports from Malaysia surged by 32.5 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 strengthening foreign demand ahead of the new year holidays and soaring commodity prices. Sales increased for all categories: 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). From January to November of the year, sales grew 25.7% from the same period of 2020 to MYR 1.11 trillion.
2021-12-28
Malaysia Exports Rise to Fresh Record High
Exports from Malaysia surged by 25.5 percent from a year earlier to a fresh record high of MYR 114.4 billion in October 2021, far above market consensus of a 21.8 percent rise, and accelerating from a 24.7 percent rise in the prior month, amid a further recovery in global demand and surging commodity prices. Exports increased for all sectors: manufactured goods (23.3 percent), mining (66.7 percent), and agricultural goods (28.9 percent). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (8.8 percent), followed by petroleum products (126.0 percent), and chemical and chemical products (58.9 percent). Among major trading partners, exports grew to the US (12.4 percent), China (24.8 percent), Singapore (7.1 percent) and the ASEAN countries (19.5 percent).
2021-11-29
Malaysia Exports Notch Fresh Peak
Exports from Malaysia surged by 24.7 percent from a year earlier to a new high of MYR 110.8 billion in September 2021, far above market consensus of a 14.6 percent rise, and accelerating sharply from an 18.4 percent rise in the prior month, amid a further recovery in global demand and surging commodity prices. Exports increased for all categories: manufactured goods (21.6 percent), mining (48.1 percent), and agricultural goods (47.7 percent). The expansion in the manufacturing sector was mainly boosted by higher exports of electrical and electronic products (5.6 percent), followed by chemical and chemical products (38.7 percent) and petroleum products (148.0 percent). Among major trading partners, exports grew to the US (19.2 percent), China (19.0 percent), Singapore (32.4 percent), and the ASEAN countries (31.4 percent).
2021-10-28


United Nations Comtrade Database
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