Malaysia Exports

Exports from Malaysia unexpectedly fell by 5.3 percent year-on-year to MYR 66.6 billion in February 2019, after a 3.1 percent rise in January and missing market consensus of a 1.4 percent gain. Sales decreased for palm oil & palm oil-based products (-13.4 percent to MYR 4.7 billion); refined petroleum products (-30.9 percent to MYR 3.6 billion); crude petroleum (-21.8 percent to MYR 1.9 billion); timber & timber-based products (-1.7 percent to MYR 1.4 billion) and natural rubber (-23.1 percent to MYR 0.2 billion). By contrast, outbound shipments increased for electrical & electronic products (4.9 percent to MYR 25.8 billion) and liquefied natural gas/LNG (8.6 percent to MYR 3.1 billion). Exports went down to China (-1.6 percent); the US (-8.9 percent); and Singapore (-2.9 percent). Exports in Malaysia averaged 24225.83 MYR Million from 1970 until 2019, reaching an all time high of 96363.90 MYR Million in October of 2018 and a record low of 328.10 MYR Million in February of 1970.

Exports in Malaysia is expected to be 84400.00 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 84500.00 in 12 months time. In the long-term, the Malaysia Exports is projected to trend around 89000.00 MYR Million in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	Consensus
2018-12-05	04:00 AM	Exports YoY	17.7%	6.7%	6.2%
2019-01-04	04:00 AM	Exports YoY	1.6%	17.7%	6.6%
2019-03-04	04:00 AM	Exports YoY	3.1%	4.8%	1.4%
2019-04-04	04:00 AM	Exports YoY	-5.3%	3.1%	1.4%
2019-06-03	04:00 AM	Exports YoY
2019-07-04	04:00 AM	Exports YoY
2019-09-04	04:00 AM	Exports YoY

Malaysia Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	11061.72	11514.19	16313.37	-2880.61	MYR Million	[+]
Current Account	10834.00	3784.00	39982.00	978.00	MYR Million	[+]
Current Account to GDP	2.30	3.00	17.10	-13.20	percent	[+]
Imports	55543.07	73885.66	80197.13	313.60	MYR Million	[+]
Exports	66604.80	85399.90	96363.90	328.10	MYR Million	[+]
External Debt	924887.22	947877.65	947877.65	9063.00	MYR Million	[+]
Terms of Trade	98.00	98.30	117.20	92.50	Index Points	[+]
Tourism Revenues	84135.20	82200.00	84135.20	8580.50	MYR Million	[+]
Tourist Arrivals	2352422.00	1989842.00	2806565.00	459374.00		[+]
Gold Reserves	38.90	38.90	38.90	35.46	Tonnes	[+]
Crude Oil Production	650.00	654.00	791.00	489.00	BBL/D/1K	[+]
Terrorism Index	2.70	3.33	3.58	0.00		[+]
Capital Flows	-6165.44	2283.30	51408.25	-71566.30	MYR Million	[+]
Foreign Direct Investment	12882.00	4299.00	37325.00	2452.00	MYR Million	[+]

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

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). 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 - actual data, historical chart and calendar of releases - was last updated on April of 2019.