Imports to Malaysia jumped by 11.3% yoy to MYR 61.8 billion in February 2020, compared with market consensus of a 2.7% rise, reversing from a 2.4% drop in January. Arrivals of consumption goods increased by 10.1%, attributed to food & beverages, processed, mainly for household consumption and food & beverages, primary mainly for household consumption. Meanwhile, purchases of intermediate goods jumped 20.4%, due to increases in parts & accessories of capital goods except transport equipment; fuel & lubricans, processed, others, and industrial supplies, processed. Conversely, those of capital goods tumbled 16.9%, led by both capital goods except transport equipment, and transport equipment, industrial. By country, purchases from China rose 6.5%, mainly due to E & E (28.5%). Purchases from the US jumped 20.4%. Arrivals from Singapore also went up 3.9%, largely due to refined petroleum products (30.6%). Meantime, imports from the ASEAN countries rose 3.9%.

Imports in Malaysia averaged 21892.92 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 2020. source: Department of Statistics, Malaysia

Imports in Malaysia is expected to be 70500.00 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 75800.00 in 12 months time. In the long-term, the Malaysia Imports is projected to trend around 75800.00 MYR Million in 2021 and 76800.00 MYR Million in 2022, according to our econometric models.

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Malaysia Imports

Actual Previous Highest Lowest Dates Unit Frequency
61800.00 72083.69 80536.08 313.60 1970 - 2020 MYR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-01-03 04:00 AM Nov -3.6% -8.7% -5%
2020-02-04 05:00 AM Dec 0.9% -3.6% 1.7%
2020-03-04 04:00 AM Jan -2.4% 0.9% -1.8%
2020-04-03 04:00 AM Feb 11.3% -2.4% 2.7%


News Stream
Malaysia Imports Rise More than Estimated
Imports to Malaysia jumped by 11.3% yoy to MYR 61.8 billion in February 2020, compared with market consensus of a 2.7% rise, reversing from a 2.4% drop in January. Arrivals of consumption goods increased by 10.1%, attributed to food & beverages, processed, mainly for household consumption and food & beverages, primary mainly for household consumption. Meanwhile, purchases of intermediate goods jumped 20.4%, due to increases in parts & accessories of capital goods except transport equipment; fuel & lubricans, processed, others, and industrial supplies, processed. Conversely, those of capital goods tumbled 16.9%, led by both capital goods except transport equipment, and transport equipment, industrial. By country, purchases from China rose 6.5%, mainly due to E & E (28.5%). Purchases from the US jumped 20.4%. Arrivals from Singapore also went up 3.9%, largely due to refined petroleum products (30.6%). Meantime, imports from the ASEAN countries rose 3.9%.
2020-04-03
Malaysia Imports Drop More than Estimated
Imports to Malaysia declined by 2.4% yoy to MYR 72.1 billion in January 2020, compared with market consensus of a 1.8% drop, reversing from a 0.9% rise in December. Arrivals of consumption goods declined by 1.0%, attributed to durable and semi-durables. Also, purchases of capital goods shrank 15%, due to falls in both capital goods except transport equipment and transport equipment. Conversely, those of intermediate goods rose 3.7%, led by fuel & lubricants, primary; industrial supplies, primary; and parts & accessories of capital goods except transport equipment. By country, purchases from China plunged 10.6%, mainly due to refined petroleum products (-30.7%). Arrivals from Singapore also went down 0.9%, largely due to E&E products (-8.8%). Purchases from the ASEAN countries also dropped 5.4%. By contrast, imports from the US jumped 25.6%.
2020-03-04
Malaysia Imports Rebound Less than Estimated
Imports to Malaysia grew by 0.9% yoy to MYR 73.8 billion in December 2019, compared with market consensus of a 1.7% gain, shifting from a 3.6% fall in November. Arrivals of intermediate goods rose 6%, led by fuel & lubricants, primary; industrial supplies, primary; and industrial supplies, processed. Also, imports of consumption goods rose 3.2%, attributed to food & beverages, primary, mainly for household consumption and durable. In contrast, purchases of capital goods shrank 10.9%, due to falls in both capital goods except transport equipment and transport equipment, industrial. By country, purchases from China went up 3.1%, mainly due to refined petroleum products. Arrivals from the US also went up 3.1%. Conversely, imports from Singapore fell 5.2%, largely due to E&E products. Purchases from the ASEAN countries also dropped 7.9%. For full year 2019, imports fell 3.5% over the prior year to MYR 849 billion, amid lower purchases from Singapore, Taiwan, the EU, Thailand and Swiss.
2020-02-04
Malaysia Imports Drop Less than Forecasts
Imports to Malaysia declined by 3.6 percent year-on-year to MYR 74.3 billion in November 2019, compared with market consensus of a 5 percent fall and after a 8.7 percent drop in October. Purchases of capital goods shrank 4.3%, due to declines in both transport equipment, industrial and capital goods except transport equipment. In contrast, imports of consumption goods went up 1.9%, mainly attributed to food & beverages, primary, mainly for household consumption and non-durable. Also, arrivals of intermediate goods grew 1.8%, led by parts & accessories of capital goods except transport equipment and industrial supplies, primary. By country, purchases from Singapore fell 9.1%, mainly due to refined petroleum products (-21.2%). Conversely, imports from China rose 11.5 percent, driven by refined petroleum products and electrical & electronic products (-5.5%). Arrivals from the US also went up 16.1 percent.
2020-01-03

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
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