Malaysia's trade surplus widened to MYR 12.6 billion in December 2019 from MYR 11 billion in the same month of 2018 and beating market estimates of MYR 9.1 billion. Exports unexpectedly rose 2.7 percent year-on-year to MYR 86.4 billion, against market consensus of a 1 percent fall, as sales increased mostly for timber and timber-based products (9.8%); palm oil & palm oil-based products (20.9%); refined petroleum products (35.2%) and natural rubber (8.1%). Among major trading partners, sales advanced to China (17.8%) and the US (15.1 percent). Imports went up 0.9 percent to MYR 73.8 billion, below market expectations of a 1.7 percent rise, on higher purchases of consumption goods (3.2%) and intermediate goods (6.0%). Among major trade partners, purchases went up from China (3.1%). Considering 2019 as a whole, the trade surplus widened 11% to MYR 137.4 billion, the largest since 2009, from MYR 123.8 billion in 2018, with imports and exports shrinking 3.4% and 1.7%, respectively

Balance of Trade in Malaysia averaged 3568.70 MYR Million from 1970 until 2019, reaching an all time high of 17325.83 MYR Million in October of 2019 and a record low of -2880.61 MYR Million in June of 1997. 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. source: Department of Statistics, Malaysia

Balance of Trade in Malaysia is expected to be 16500.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Malaysia to stand at 11200.00 in 12 months time. In the long-term, the Malaysia Balance of Trade is projected to trend around 12200.00 MYR Million in 2021, according to our econometric models.


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Malaysia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
12578.27 6610.92 17325.83 -2880.61 1970 - 2019 MYR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-04 04:00 AM Sep MYR8.3B MYR10.9B MYR14.4B MYR15B
2019-12-04 04:00 AM Oct MYR17.3B MYR8.3B MYR10.6B MYR15.9B
2020-01-03 04:00 AM Nov MYR6.5B MYR17.3B MYR10.8B MYR12.6B
2020-02-04 05:00 AM Dec MYR12.6B MYR6.6B MYR9.1B MYR 12B
2020-03-04 04:00 AM Jan MYR12.6B MYR10.8B
2020-04-03 04:00 AM Feb
2020-05-04 04:00 AM Mar MYR 17.5B
2020-06-04 04:00 AM Apr


News Stream
Malaysia December Trade Surplus Beats Estimates
Malaysia's trade surplus widened to MYR 12.6 billion in December 2019 from MYR 11 billion in the same month of 2018 and beating market estimates of MYR 9.1 billion. Exports unexpectedly rose 2.7 percent year-on-year to MYR 86.4 billion, against market consensus of a 1 percent fall, as sales increased mostly for timber and timber-based products (9.8%); palm oil & palm oil-based products (20.9%); refined petroleum products (35.2%) and natural rubber (8.1%). Among major trading partners, sales advanced to China (17.8%) and the US (15.1 percent). Imports went up 0.9 percent to MYR 73.8 billion, below market expectations of a 1.7 percent rise, on higher purchases of consumption goods (3.2%) and intermediate goods (6.0%). Among major trade partners, purchases went up from China (3.1%). Considering 2019 as a whole, the trade surplus widened 11% to MYR 137.4 billion, the largest since 2009, from MYR 123.8 billion in 2018, with imports and exports shrinking 3.4% and 1.7%, respectively.
2020-02-04
Malaysia Posts Smallest Trade Surplus in 15 Months
Malaysia's trade surplus shrank to MYR 6.5 billion in November 2019 from MYR 8.5 billion in the same month of 2018 and against market estimates of MYR 10.8 billion. This was the smallest trade surplus since August 2018, as exports fell more than imports. Exports dropped by 5.5 percent year-on-year to MYR 80.8 billion, worse than market consensus of a 4.4 percent fall, as sales fell mostly for electrical & electronic products (-11.6%); palm oil & palm oil-based products (-2.6%); refined petroleum products (-19%) and crude oil (-23.4%). Among major trading partners, sales dropped to Singapore (-12.5%), due to electrical & electronic products (-23.4%). Imports fell by 3.6 percent year-on-year to MYR 74.3 billion, below market expectations of a 5 percent decline, on lower purchases of capital goods (-4.3%) while those of intermediate goods (1.8%) and consumption goods (1.9%) rose. Among major trade partners, purchases fell from Singapore (-9.1%), mainly due to refined petroleum (-21.2%).
2020-01-03
Malaysia Trade Surplus Hits Record High
Malaysia's trade surplus widened to MYR 17.3 billion in October 2019 from MYR 16.9 billion in the same month of the prior year and far above market expectations of MYR 10.6 billion. This was the largest trade surplus since the series began in 1970, as exports fell less than imports.
2019-12-04
Malaysia Posts Smallest Trade Surplus in 13 Months
Malaysia's trade surplus declined sharply to MYR 8.30 billion in September of 2019 from MYR 15.6 billion in the same month of the prior year and far below market expectations of a MYR 14.4 billion surplus. This was the smallest trade surplus since August last year, as exports fell while imports rose
2019-11-04

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. .