Malaysia ExportsMay 2023 Data - 1970-2022 Historical - June Forecast - Calendar

Name: Malaysia Exports
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Malaysia,Exports,data,chart,actual,historical,values,calendar,forecast,graph,2022,2023,2024

Exports in Malaysia decreased to a 14-month low of 105424 MYR million in April 2023 from 129668 MYR million in March 2023. source: Department of Statistics, Malaysia

Exports in Malaysia averaged 30328.87 MYR Million from 1970 until 2023, reaching an all time high of 146026.30 MYR Million in June of 2022 and a record low of 328.10 MYR Million in February of 1970. This page provides the latest reported value for - Malaysia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Malaysia Exports - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Exports in Malaysia is expected to be 130000.00 MYR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Malaysia Exports is projected to trend around 151000.00 MYR Million in 2024 and 160000.00 MYR Million in 2025, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	12848.43	26688.46	MYR Million	Apr 2023
Current Account	4281.00	27510.00	MYR Million	Mar 2023
Current Account to GDP	2.60	3.80	percent of GDP	Dec 2022
Exports	105424.00	129668.00	MYR Million	Apr 2023
Imports	92575.00	102980.00	MYR Million	Apr 2023
Terms of Trade	110.70	110.30	points	Apr 2023
Foreign Direct Investment	12000.00	19272.39	MYR Million	Mar 2023
Capital Flows	-2398.00	-1060.00	MYR Million	Mar 2023

Malaysia Exports

Exports supported by influx of foreign direct investments have been one of the most important factors driving Malaysia’s GDP growth in recent years. Malaysia's main exports are: electrical and electronics products (36 percent), chemicals (7.1 percent), petroleum products (7.0 percent), liquefied natural gas (6 percent), and palm oil (5.1 percent). Malaysia's main export partners are: Singapore (14 percent), China (13 percent), European Union (10 percent), Japan (9.5 percent), the United States (9.4 percent) and Thailand (6 percent).