Imports to Malaysia jumped 12.7 percent year-on-year to MYR 69.7 billion in February 2021, beating market consensus of 3.9 percent gain, and after 1.3 percent growth in the previous month, amid the coronavirus pandemic. Arrivals rose for both capital goods (39.0 percent) and consumption goods (17.6 percent), while those of intermediate goods fell by 0.2 percent. By country, arrivals from China and Singapore increased 63.4 percent and 3.0 percent, respectively. Imports also increased from the ASEAN countries (12.4 percent), while those from the US plunged by 13.3 percent. source: Department of Statistics, Malaysia

Imports in Malaysia averaged 22161.50 MYR Million from 1970 until 2020, reaching an all time high of 80536.08 MYR Million in August of 2018 and a record low of 313.60 MYR Million in August of 1970. This page provides the latest reported value for - Malaysia Imports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malaysia Imports - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Imports in Malaysia is expected to be 70800.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Imports in Malaysia to stand at 72800.00 in 12 months time. In the long-term, the Malaysia Imports is projected to trend around 75500.00 MYR Million in 2022, according to our econometric models.

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Malaysia Imports

Actual Previous Highest Lowest Dates Unit Frequency
69704.00 73023.00 97100.00 313.60 1970 - 2021 MYR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-12-28 04:00 AM Nov -9% -6% -4.8%
2021-01-29 04:00 AM Dec 1.6% -9% -2.9%
2021-02-26 04:00 AM Jan 1.3% 1.6% -0.5%
2021-03-29 04:00 AM Feb 12.7% 1.3% 3.9%


News Stream
Malaysia Imports Rise More than Forecast
Imports to Malaysia jumped 12.7 percent year-on-year to MYR 69.7 billion in February 2021, beating market consensus of 3.9 percent gain, and after 1.3 percent growth in the previous month, amid the coronavirus pandemic. Arrivals rose for both capital goods (39.0 percent) and consumption goods (17.6 percent), while those of intermediate goods fell by 0.2 percent. By country, arrivals from China and Singapore increased 63.4 percent and 3.0 percent, respectively. Imports also increased from the ASEAN countries (12.4 percent), while those from the US plunged by 13.3 percent.
2021-03-29
Malaysia Imports Unexpectedly Rise
Imports to Malaysia unexpectedly increased by 1.3 percent year-on-year to MYR 73.0 billion in January 2021, missing market consensus of 0.5 percent fall, and after 1.6 percent rise in the previous month, amid the coronavirus pandemic. Arrivals rose for both consumption goods (1.3 percent) and intermediate goods (1.4 percent, while those of capital goods fell by 5.4 percent. By country, arrivals from China and the ASEAN countries increased 5.0 percent and 7.6 percent respectively, while those from the US plunged by 16.1 percent. Imports also declined Singapore (-4.0 percent).
2021-02-26
Malaysia Imports Rise for 1st Time in 10 Months
Imports to Malaysia unexpectedly increased by 1.6 percent year-on-year to MYR 75.0 billion in December 2020, missing market consensus of 2.9 percent fall, and after 9 percent drop in the previous month. It was the first time increase in imports since February, amid the coronavirus pandemic. Arrivals of consumption goods rose by 3.3 percent, while imports of both capital and intermediate goods fell 2.0 percent and 5.0 percent respectively. By country, arrivals from China and the ASEAN countries increased 13.0 percent and 2.7 percent respectively, while those from the US dropped by 2.4 percent. Imports also declined Singapore (-10.3 percent). Considering 2020 full year of 2020, imports fell 6.3 percent year-on-year to MYR 796.2 billion.
2021-01-29
Malaysia Imports Drop More than Estimated
Imports to Malaysia dropped by 9 percent year-on-year to MYR 67.6 billion in November 2020, worse than an expected 4.8 percent fall, and after 6 percent fall in the previous month. It was the ninth straight month of decline in imports, as public health measures to contain the coronavirus hit demand. Arrivals of capital and intermediate goods plunged 26.5 percent and 10.6 percent respectively. Meanwhile, imports for consumption goods were down 7.2 percent. By country, arrivals from Singapore and the US tumbled 25.8 percent and 11.1 percent respectively, while those from China dropped by 4.5 percent. Imports also decreased from the ASEAN countries (-13.9 percent).
2020-12-28

Malaysia Imports
Malaysia's main imports are: electrical and electronic products (29.4 percent), chemicals (9.5 percent), petroleum products (9.3 percent) and machinery, appliances and parts (8.7 percent). Main import partners are: China (19 percent), Singapore (12 percent), European Union (10 percent), the United States (8.1 percent), Japan (7.8 percent) and Thailand (6.1 percent). .

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