Imports to Malaysia surged 49.3% yoy to a new record high of MYR 124.2 billion in June 2022, easily beating market estimates of 30.4% and quickening from 3a 7.3% growth in May. This was the 17th straight month of double-digit growth of arrivals and the strongest pace since November 1989, amid strengthening domestic demand in the wake of COVID-19 hit. Purchases of intermediate goods climbed 46.9%, boosted by industrial supplies, n.e.s. processed and fuel & lubricants, primary. Also, arrivals of consumption goods gained 25.6%, due to food & beverages, process, mainly for household consumption, and semi-durables. Further, imports of capital goods climbed 30.4%, linked to transport equipment, industrial and capital goods except transport equipment. By country, imports went up from China (28.6%), Singapore (145.0%), Taiwan (58.8%), the US (45.6%), the EU (34.3%), Japan (12.7%), and the ASEAN countries (80.9%). Considering the first six months of the year, imports grew by 30.9%. source: Department of Statistics, Malaysia

Imports YoY in Malaysia averaged 12.91 percent from 1971 until 2022, reaching an all time high of 108.20 percent in April of 1974 and a record low of -30.40 percent in January of 2009. This page includes a chart with historical data for Malaysia Imports YoY. Malaysia Imports YoY - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

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Malaysia Imports YoY


Malaysia Imports YoY
Malaysia's main imports are: electrical and electronic products (29.4 percent), chemicals (9.5 percent), petroleum products (9.3 percent) and machinery, appliances and parts (8.7 percent). Main import partners are: China (19 percent), Singapore (12 percent), European Union (10 percent), the United States (8.1 percent), Japan (7.8 percent) and Thailand (6.1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
49.30 37.30 108.20 -30.40 1971 - 2022 percent Monthly

News Stream
Malaysia Imports Notch Fresh Record Peak
Imports to Malaysia surged 49.3% yoy to a new record high of MYR 124.2 billion in June 2022, easily beating market estimates of 30.4% and quickening from 3a 7.3% growth in May. This was the 17th straight month of double-digit growth of arrivals and the strongest pace since November 1989, amid strengthening domestic demand in the wake of COVID-19 hit. Purchases of intermediate goods climbed 46.9%, boosted by industrial supplies, n.e.s. processed and fuel & lubricants, primary. Also, arrivals of consumption goods gained 25.6%, due to food & beverages, process, mainly for household consumption, and semi-durables. Further, imports of capital goods climbed 30.4%, linked to transport equipment, industrial and capital goods except transport equipment. By country, imports went up from China (28.6%), Singapore (145.0%), Taiwan (58.8%), the US (45.6%), the EU (34.3%), Japan (12.7%), and the ASEAN countries (80.9%). Considering the first six months of the year, imports grew by 30.9%.
2022-07-20
Malaysia Imports Hit Record Peak
Imports to Malaysia surged 37.3% yoy to a record high of MYR 107.9 billion in May 2022, exceeding market estimates of 26.9% and quickening from an upwardly revised 22.1% growth in April. This was the 16th straight month of double-digit growth of arrivals and the strongest pace since last November, amid solid domestic demand during the Eid-ul Fitr festival and a further improvement in COVID-19 situation. Purchases of intermediate goods climbed 34.1%, boosted by industrial supplies, n.e.s. processed and fuel & lubricants, primary. Also, arrivals of consumption goods gained 19.3%, due to non-durable and food & beverages, process, mainly for household consumption. In contrast, imports of capital goods fell 0.8%, due to capital goods except transport equipment. By country, imports went up from China (11.9%), Singapore (71.7%), Taiwan (43.8%), the US (33.1%), Japan (13.3%), the EU (29.7%), and the ASEAN countries (69.7%). Considering the first five months of the year, imports grew by 27.0%.
2022-06-17
Malaysia Import Growth Stays Robust
Imports to Malaysia expanded 22.0% yoy to MYR 103.9 billion in April 2022, matching market forecasts and after a 29.9% surge a month earlier. This was the 15th straight month of double-digit growth of arrivals, amid solid domestic demand during the fasting month of Ramadan and ahead of the Eid-ul Fitr celebration. Purchases of intermediate goods rose by 28.1%, boosted by fuel & lubricants, primary; and parts and accessories of capital goods. Also, arrivals of consumption goods gained 9.7%, due to non-durable and food & beverages, process, mainly for household consumption. In contrast, imports of capital goods fell 2.4% percent, weighed down by capital goods except transport equipment. By country, imports went up from China (8.3%), Singapore (21.0%), Taiwan (30.5%), the US (27.2%), the EU (15.1%), Japan (4.5%), and the ASEAN countries (32.7%). Considering the first four months of the year, imports grew by 24.3%.
2022-05-19


United Nations Comtrade Database
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