Malaysia Balance of Trade  1970-2018 | Data | Chart | Calendar | Forecast

Malaysia's trade surplus narrowed sharply to MYR 1.6 billion in August of 2018 from MYR 9.9 billion in the same month of the prior year and far below market estimates of a MYR 9 billion surplus. It is the smallest trade surplus since October 2014, as exports fell while imports surged. Exports decreased by 0.3 percent to MYR 81.8 billion, after a 9.4 percent rise in July and missing market consensus of a 5.7 percent growth. Imports went up 11.2 percent to MYR 80.2 billion, following a 10.3 percent rise in the prior month and above market expectations of 10.1 percent rise.Considering the first eight months of the year, the trade surplus increased to MYR 70.4 billion from MYR 63 billion in the same period of 2017. Balance of Trade in Malaysia averaged 3339.82 MYR Million from 1970 until 2018, reaching an all time high of 15767.47 MYR Million in May of 2008 and a record low of -2880.61 MYR Million in June of 1997.

Malaysia Balance of Trade
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Malaysia Trade Surplus Smallest in Near 5-1/2 Years


Malaysia's trade surplus narrowed sharply to MYR 1.6 billion in August of 2018 from MYR 9.9 billion in the same month of the prior year and far below market estimates of a MYR 9 billion surplus. It is the smallest trade surplus since April 2013, as exports fell while imports surged.

In August sales fell by 0.3 percent from a year earlier to MYR 81.8 billion from a 9.4 percent gain in July and missing market consensus of a 5.7 percent growth. It was the first decline since February, as sales declined for: palm oil and palm oil-based products (-22.9 percent to MYR 5.1 billion; 6.2 percent of total exports); liquefied natural gas/LNG (-22.5 percent to MYR 3.2 billion, 3.9 percent of total exports); natural rubber (-10.5 percent to MYR 337 million, 0.4 percent of total exports), and timber and timber-based products (-2.4 percent to 2.0 billion, 2.4 percent of total exports). By contrast, sales rose for: electrical & electronic products (3.2 percent to MYR 32 billion, 39.2 percent of total exports); crude petroleum (64.9 percent to MYR 3.3 billion, 4 percent of total exports); refined petroleum products (5.4 percent to MYR 4.5 billion, 5.5 percent of total exports).
 
Sales shrank to the US (-2 percent); the EU (-8.9 pct) while went up to China (4.5 pct); Singapore (2.2 pct).
 
Imports surged 11.2 percent year-on-year to MYR 80.2 billion in August of 2018 from a 10.3 percent rise in the prior month, and beating market expectations of a 10.1 percent rise, as capital goods surged 25.3 percent to MYR 11.7 billion, mainly due to a rise in transport equipment, industrial (180.2 percent), and capital goods except transport equipment (13.1 percent). Also, imports of consumption goods increased 14.2 percent to MYR 7.1 billion), led by durables (57.9 percent); semi-durables (26.2 percent), and non-durables (6.3 percent). Additionally, purchases of intermediate goods rose 4.3 percent to MYR 45 billion, mainly due to an increase in parts and accessories of fuel lubricants, primary (126.4 percent), and parts and accessories of transport equipment (33.1 percent). 

In July the trade surplus stood at MYR 8.3 billion.
 
Considering the first eight months of the year, the trade surplus increased to MYR 70.4 billion from MYR 63 billion in the same period of 2017.


Department of Statistics, Malaysia l Chusnul Ch Manan | chusnul@tradingeconomics.com
10/5/2018 9:02:05 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-08-03 04:00 AM Balance of Trade MYR6B MYR8.1B MYR10.1B MYR 8B
2018-09-05 04:00 AM Balance of Trade MYR8.3B MYR6B MYR6.3B MYR 8.9B
2018-10-05 04:00 AM Balance of Trade MYR1.6B MYR8.3B MYR9B MYR 8.9B
2018-11-05 04:00 AM Balance of Trade MYR1.6B MYR 7.2B
2018-12-05 04:00 AM Balance of Trade MYR 8.9B


Malaysia Trade Last Previous Highest Lowest Unit
Balance of Trade 1600.00 8327.00 15767.47 -2880.61 MYR Million [+]
Exports 81800.00 86124.50 86124.50 328.10 MYR Million [+]
Imports 80200.00 77827.38 80200.00 313.60 MYR Million [+]
Current Account 3909.00 14977.00 39982.00 978.00 MYR Million [+]
Current Account to GDP 1.30 3.10 17.10 -13.20 percent [+]
External Debt 936489.00 893408.61 936489.00 9063.00 MYR Million [+]
Terms of Trade 97.10 97.00 117.20 92.50 Index Points [+]
Tourism Revenues 82200.00 82098.20 82200.00 8580.50 MYR Million [+]
Tourist Arrivals 1957248.00 2192855.00 2806565.00 459374.00 [+]
Gold Reserves 37.60 37.60 38.57 35.46 Tonnes [+]
Crude Oil Production 661.00 641.00 791.00 489.00 BBL/D/1K [+]
Terrorism Index 3.33 2.69 3.58 0.00 [+]
Capital Flows 9114.33 15211.07 51408.25 -71566.30 MYR Million [+]
Foreign Direct Investment 2843.00 11980.00 37325.00 2843.00 MYR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Malaysia Balance of Trade

International trade plays a large role in Malaysian economy. Since 1998, Malaysia have been reporting consistent trade surpluses, mainly due to rise in exports of electrical and electronics products. In 2015, the biggest trade surpluses were recorded with Hong Kong, Singapore, Japan, and United States while the biggest trade deficits with China and Taiwan. . This page provides the latest reported value for - Malaysia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malaysia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1600.00 8327.00 15767.47 -2880.61 1970 - 2018 MYR Million Monthly




balance of trade by Country
Country Last
Argentina -1127.00 Aug/18
Australia 1604.00 Aug/18
Brazil 4971.00 Sep/18
Canada 526.10 Aug/18
China 316.93 Sep/18
Euro Area 17555.60 Jul/18
France -5632.00 Aug/18
Germany 17174.00 Aug/18
India -13980.00 Sep/18
Indonesia 227.10 Sep/18
Italy 5676.00 Jul/18
Japan -444.59 Aug/18
Mexico -2590.00 Aug/18
Netherlands 3463.00 Aug/18
Russia 15797.00 Aug/18
Saudi Arabia 162782.00 Jun/18
Singapore 6755.10 Aug/18
South Africa 8794.70 Aug/18
South Korea 9746.00 Sep/18
Spain -3247700.00 Jul/18
Switzerland 1407.94 Aug/18
Turkey -2421.79 Aug/18
United Kingdom -1274.00 Aug/18
United States -53237.00 Aug/18


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