Exports from Malaysia increased by 6.6 percent from a year earlier to MYR 89.6 billion in January 2021, following a 10.8 percent surge in the prior month and matching market consensus. Exports increased for manufactured goods (11.7 percent), while fell for both agricultural goods (-7.2 percent) and mining sectors (-31.0 percent). The expansion in the manufacturing sector was driven by higher exports of E&E products (13.1 percent), followed by rubber products (187.4 percent) and manufacture of metal (19.9 percent). Among major trading partners, exports surged to the US (18.4 percent), China (26.0 percent) and Singapore (5.0 percent). Also, exports to the ASEAN countries rose by 7.3 percent. source: Department of Statistics, Malaysia

Exports in Malaysia averaged 25688.35 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 March of 2021.

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 69250.00 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
89625.00 95732.00 97122.00 328.10 1970 - 2021 MYR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-11-27 04:00 AM Oct 0.2% 13.6% -0.8%
2020-12-28 04:00 AM Nov 4.3% 0.2% 3.9%
2021-01-29 04:00 AM Dec 10.8% 4.6% 6.6%
2021-02-26 04:00 AM Jan 6.6% 10.8% 6.6%


News Stream
Malaysia Exports Rise Matches Estimates
Exports from Malaysia increased by 6.6 percent from a year earlier to MYR 89.6 billion in January 2021, following a 10.8 percent surge in the prior month and matching market consensus. Exports increased for manufactured goods (11.7 percent), while fell for both agricultural goods (-7.2 percent) and mining sectors (-31.0 percent). The expansion in the manufacturing sector was driven by higher exports of E&E products (13.1 percent), followed by rubber products (187.4 percent) and manufacture of metal (19.9 percent). Among major trading partners, exports surged to the US (18.4 percent), China (26.0 percent) and Singapore (5.0 percent). Also, exports to the ASEAN countries rose by 7.3 percent.
2021-02-26
Malaysia Exports Rise More than Estimated
Exports from Malaysia jumped by 10.8 percent from a year earlier to a 26-month high of MYR 95.7 billion in December 2020, following an upwardly revised 4.6 percent growth in the prior month and beating market consensus of 6.6 percent gain. Exports increased for manufactured goods (12.4 percent), agricultural goods (47.1 percent), while plunged for mining sectors (-31.0 percent). Among major trading partners, exports surged to the US (17.2 percent), China (13.5 percent) and Singapore (19.0 percent). Also, exports to the ASEAN countries rose by 5.6 percent. For the whole of 2020, exports declined by 1.4 percent year-on-year to MYR 981 billion.
2021-01-29
Malaysia Exports Rise More than Expected
Exports from Malaysia rose by 4.3 percent from a year earlier to MYR 84.4 billion in November 2020, after a 0.2 percent growth in the prior month and beating market consensus of 3.9 percent gain. Exports increased for manufactured goods (8.1 percent), agricultural goods (6.0 percent), particularly palm oil and palm oil-based agriculture products (12.1 percent), while plunged for mining sectors (-34.6 percent). Among major trading partners, exports to the US surged (24.6 percent), while rose to China (13.2 percent) and Singapore (15.4 percent). By contrast, exports to the ASEAN countries fell 2 percent.
2020-12-28
Malaysia Exports Unexpectedly Rise in October
Exports from Malaysia unexpectedly rose by 0.2 percent from a year earlier to MYR 91.1 billion in October 2020, after a 13.6 percent surge in the prior month, and missing market consensus of 0.8 percent fall. Exports increased for manufactured goods (2.5 percent), agricultural goods (28.7 percent), particularly palm oil and palm oil-based agriculture products (46.5 percent), while slumped for mining sectors (-47.2 percent). Among major trading partners, exports to the US jumped (25.6 percent), while rose to China (4.9 percent) and Singapore (1.9 percent). By contrast, exports to the ASEAN countries fell 3.6 percent.
2020-11-27

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
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