Malaysia’s trade surplus widened sharply to MYR 24.2 billion in March 2021 from MYR 12.3 billion in the same month a year ago, and above market expectations of MYR 18.8 billion It was the largest trade surplus since last July, as exports rose more than imports. Exports jumped 31 to USD 104.9 billion, the fastest pace in nearly four years, led by higher sales of manufactured goods and agriculture sectors. Imports rose at a softer 19.2 percent to USD 80.8 billion as purchases roe for capital goods (93.4 percent), consumption goods (13.0 percent) and intermediate goods (12.4 percent). source: Department of Statistics, Malaysia
Balance of Trade in Malaysia averaged 3844.33 MYR Million from 1970 until 2021, reaching an all time high of 25176 MYR Million in July of 2020 and a record low of -3633.59 MYR Million in April of 2020. This page provides the latest reported value for - Malaysia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malaysia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Balance of Trade in Malaysia is expected to be 5000.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Malaysia to stand at 10200.00 in 12 months time. In the long-term, the Malaysia Balance of Trade is projected to trend around 9820.00 MYR Million in 2022, according to our econometric models.