Exports from Malaysia tumbled 25.5 percent from a year earlier to MYR 62.7 billion in May 2020, the lowest since May 2009, as pandemic hits global demand. Exports plunged for manufactured goods (-23.5 percent), mining goods (-49.1 percent), and agriculture goods(-21.3 percent). Among major trading partners, exports to Singapore and the US were down 21.9 and 9.3 percent respectively, while shipments to China rose 4.4 percent. Exports also fell to the ASEAN countries (-30.6 percent).

Exports in Malaysia averaged 25627.32 MYR Million from 1970 until 2020, reaching an all time high of 97122 MYR Million in October of 2018 and a record low of 328.10 MYR Million in February of 1970. This page provides the latest reported value for - Malaysia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malaysia Exports - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020. source: Department of Statistics, Malaysia

Exports in Malaysia is expected to be 65500.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Malaysia to stand at 668000.00 in 12 months time. In the long-term, the Malaysia Exports is projected to trend around 71000.00 MYR Million in 2021 and 75000.00 MYR Million in 2022, according to our econometric models.

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Malaysia Exports

Actual Previous Highest Lowest Dates Unit Frequency
62686.00 64924.60 97122.00 328.10 1970 - 2020 MYR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-04-03 04:00 AM Feb 11.8% -1.5% 5%
2020-05-04 04:00 AM Mar -4.7% 11.8% -6%
2020-06-04 04:00 AM Apr -23.8% -4.7% -15.1%
2020-06-29 04:00 AM May -25.5% -23.8%
2020-12-28 04:00 AM Nov
2020-12-28 04:00 AM Nov


News Stream
Malaysia Exports Fall the Most in 11 Years
Exports from Malaysia tumbled 25.5 percent from a year earlier to MYR 62.7 billion in May 2020, the lowest since May 2009, as pandemic hits global demand. Exports plunged for manufactured goods (-23.5 percent), mining goods (-49.1 percent), and agriculture goods(-21.3 percent). Among major trading partners, exports to Singapore and the US were down 21.9 and 9.3 percent respectively, while shipments to China rose 4.4 percent. Exports also fell to the ASEAN countries (-30.6 percent).
2020-06-29
Malaysia Exports Drop the Most in a Decade
Exports from Malaysia tumbled 23.8 percent from a year earlier to MYR 64.9 billion in April 2020, the largest decline since September 2009 and compared to market consensus of a 15.1 percent fall. Exports plunged for electrical and electronic products (-21.7 percent), refined petroleum products (-22.2 percent), timber and timber-based products (-49.6 percent), LNG (-20.5 percent), crude petroleum (-33.8 percent), palm oil & palm oil-based products (-2.4 percent) and natural rubber (-27.2 percent). Among major trading partners, exports to Singapore and South Korea were down 16.3 and 2.7 percent respectively, while shipments to China rose 4.2 percent. Exports also fell to the EU, the US, India and Thailand.
2020-06-04
Malaysia Exports Fall Less than Expected
Exports from Malaysia dropped 4.7% from a year earlier to MYR 80.1 billion in March 2020, compared to market consensus of a 6% fall and a 11.8% rise in February. Exports fell for timber & timber-based products (-15.6%); liquefied natural gas (-13.4%); electrical and electronics (E&E) products (-13.9%); natural rubber (-9.7%); crude petroleum (-4.2%), and palm oil-based products (-0.9%). By contrast, sales jumped for refined petroleum products (44.3%). Among major trading partners, exports to China shrank 6.1%, led by palm E&E roducts (-27.4%); while those to Singapore rose 8.6%, mainly driven by refined petroleum products. Also, sales to the US fell 3.6%.
2020-05-04
Malaysia Exports Rise the Most in 16 Months
Exports from Malaysia surged 11.8% from a year earlier to MYR 74.5 billion in February 2020, compared to market consensus of a 5% rise and a 1.5% fall in January. This was the strongest growth rate in 16 months, boosted by timber & timber-based products (41.8%); refined petroleum products (21.7%); palm oil & palm oil-based products (14.7%), liquefied natural gas (7.1%), and natural rubber (33.2%). By contrast, sales declined for both electrical and electronics (E&E) products (-2.7%) and crude petroleum (-11.7%). Among major trading partners, exports to China advanced 11.0%, led by palm oil and palm oil-based products; while those to Singapore jumped 22.5%, mainly driven by refined petroleum products. Also, sales to the US surged 25.5%.
2020-04-03

Malaysia Exports
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).

United Nations Comtrade Database
Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category