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.