Malaysia's imports tumbled 12.5% year-on-year in to MYR 70.4 billion in August 2019, compared to market expectations of a 8% drop and after a 5.9% fall in the previous month. Imports of intermediate goods slumped 13.9%, mainly attributed to industrial supplies (-10.7%), parts & accessories of capital goods except transport equipment (-12%), fuel & lubricants (-38%) and fuel & lubricants (-97.4%). Imports of capital goods tumbled 31%, due to a decline in both capital goods except transport equipment (-23.3%) and transport equipment, industrial (-70.6%). Also, purchases of consumption goods shrank 12.8%, mainly attributed to semi-durables (-30.7%) and durables (-38.4%). By country, purchases from China contracted 11.5%, mainly due to electrical & electronic/E&E products. Also, imports from Singapore shrank 18.1%, dragged down by refined petroleum products E & E products. In additions, arrivals from the ASEAN countries slumped 16.9% and those from the EU countries tumbled 20.3%. Imports in Malaysia averaged 21381.46 MYR Million from 1970 until 2019, 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.

Imports in Malaysia is expected to be 72500.00 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 67000.00 in 12 months time. In the long-term, the Malaysia Imports is projected to trend around 76800.00 MYR Million in 2020, according to our econometric models.

Malaysia Imports
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-04 04:00 AM Imports YoY May 1.4% 4.4% 2.6%
2019-08-02 04:00 AM Imports YoY Jun -9.2% 1.4% 1.1%
2019-09-04 04:00 AM Imports YoY Jul -5.9% -9.2% -7% 0.8%
2019-10-04 04:00 AM Imports YoY Aug -12.5% -5.9% -8%
2019-12-05 04:00 AM Imports YoY Oct


Malaysia Trade Last Previous Highest Lowest Unit
Balance of Trade 10921.37 14275.86 16851.56 -2880.61 MYR Million [+]
Current Account 14257.00 16387.00 39982.00 978.00 MYR Million [+]
Current Account to GDP 2.30 3.00 17.10 -13.20 percent [+]
Imports 70433.67 73682.50 80536.08 313.60 MYR Million [+]
Exports 81400.00 87962.50 97122.00 328.10 MYR Million [+]
External Debt 931083.27 903679.82 933396.80 9063.00 MYR Million [+]
Terms of Trade 98.10 98.10 117.20 92.50 Index Points [+]
Tourism Revenues 84135.20 82165.00 84135.20 8580.50 MYR Million [+]
Tourist Arrivals 2400561.00 2098267.00 2806565.00 459374.00 [+]
Gold Reserves 38.88 38.90 38.90 35.46 Tonnes [+]
Crude Oil Production 628.00 628.00 791.00 489.00 BBL/D/1K [+]
Terrorism Index 2.70 3.33 3.58 0.00 [+]
Capital Flows -18560.00 -13823.00 51436.00 -71537.00 MYR Million [+]
Foreign Direct Investment 4395.37 21725.64 21725.64 -1982.56 MYR Million [+]


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

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

Actual Previous Highest Lowest Dates Unit Frequency
70433.67 73682.50 80536.08 313.60 1970 - 2019 MYR Million Monthly




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